NIST Launches New iEdison System for Reporting Federally Funded Inventions
To promote the transfer of technology from laboratory to marketplace, the Department of Commerce’s National Institute of Standards and Technology (NIST) has redesigned the online platform where organizations report their taxpayer-funded inventions. The new Interagency Edison system, or iEdison, includes a modernized user interface and new functionality and security features that will make it easier for government grantees and contractors to comply with the reporting requirements of the Bayh-Dole Act.
The U.S. government invests more than $150 billion via grants and funding agreements each year to support research and development at the nation’s universities and other nonfederal organizations. More than 8,500 inventions and 21,000 patents were added to iEdison in 2021 alone.
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