The primary objective of the ATIP Foundation is to create a nationally recognized, investor based consortium of agribusinesses, universities, economic development entities, and venture funds for the development, implementation, and commercialization of USDA technology discoveries, in order to develop, and expand the agriculture industry. The Foundation specifically seeks to improve the competitiveness and profitability of the agriculture and agribusiness industry sectors. A further objective is to educate and train the next generation of skilled workers in key areas required to support the agriculture and agribusiness industry sectors.
The Foundation is designed to help speed the movement of new ideas, technology solutions, and products to commercialization. Key to success is engaging businesses, universities, and government to support, and collaborate on applied research that focuses on finding solutions to common industry problems.
An expected outcome of the Foundation’s work is to foster cooperative relationships between member institutions to address critical needs and maintain global competitiveness for the emergence and growth of the agriculture and agribusiness industry. Important metrics to assess the Foundation’s effectiveness include the number of Cooperative Research & Development Agreements (CRADA’s), Material Transfer Agreements (MTA’s) and Patent License Agreements (PLA’s) linked to Foundation-facilitated activities, as well as conference presentations, technology showcases and “forums” delivering solutions to the ag sector, and amount of funded research projects.