NISTAC licenses intellectual property from K-State and major corporations, creating start-up companies financed with more than $30 million in equity and grants over the past 9 years.

NISTAC has created more than 140 jobs in the regional economy, averaging approximately $45,000 annually.

NISTAC initiatives and client companies have generated an inflow of about $115 million dollars into the Manhattan region through product and service sales, investment capital, research funding from a variety of sources, royalties on product sales and other payments from technology licenses.

Over 1000 patents were acquired via the nationally acclaimed Technology Acquisition, Development and Commercialization program between ‘98 and ‘04. Currently, 43% of this portfolio is licensed or sold, and global licensed product sales are more than $45M annually.

In January 2008, the power of donated technologies became readily apparent with the 51% acquisition of NutriJoy, Inc. by The Coca-Cola Company. This acquisition gave Coca-Cola its first corporate operating presence in the state of Kansas and established NutriJoy as one of Coke’s six external global R&D centers.