Technology Ventures Corporation

Technology Ventures Corporation (TVC) commercialized advanced technologies from publicly funded research, notably Sandia National Laboratories. It built an entrepreneurial ecosystem, mentoring nascent ventures and connecting them with equity capital and federal grants, effectively translating scientific innovation into market-ready solutions and new businesses.

Lockheed Martin Corporation established TVC in 1993, a direct result of its management of Sandia National Laboratories. The founding insight leveraged publicly funded research to drive economic development and job creation within New Mexico, transforming discoveries into viable high-technology businesses.

TVC served technology startups and entrepreneurs, guiding their commercialization and fundraising efforts. Its broader vision sought to stimulate New Mexico’s economic growth and diversify its industrial landscape. The organization cultivated a vibrant technology sector, ensuring innovation flourished and generated quality, long-term employment.