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FRANKFORT, Ky. — Gov. Matt Bevin today announced the formation of the Commonwealth Commercialization Center (C3), a national-model partnership between Kentucky’s universities and colleges to translate intellectual property and innovations into market-ready products and startups while providing businesses access to collective public resources.

Led by the Cabinet for Economic Development’s KY Innovation office, the University of Kentucky and the University of Louisville, C3 will provide resources to all the state’s public universities and colleges. Faculty and students at Kentucky institutions will have access to shared services including identification, development, marketing and protection of intellectual property, increased industry engagement and student experiential learning and workforce development.