The Industry–University Cooperative Research Centers (IUCRC) program accelerates the impact of basic research through close relationships between industry innovators, world-class academic teams, and government leaders. IUCRCs are designed to help corporate partners and government agencies connect directly and efficiently with university researchers to achieve three primary objectives.

• Conduct high-impact research to meet shared industrial needs in companies of all sizes;

• Enhance U.S. global leadership in driving innovative technology development, and;

• Identify, mentor and develop a diverse high-tech, exceptionally skilled workforce.

The IUCRC program provides a structure for academic researchers to conduct fundamental, pre-competitive research of shared interest to industry and government organizations. These organizations pay membership fees to a consortium so that they can collectively envision and fund research, with at least 90% of member funds allocated to the direct costs of these shared research projects.