The UVA Licensing & Ventures Group (UVA LVG) is the University of Virginia’s intellectual property management and innovation commercialization organization with a mission of maximizing the impact of UVA innovation assets. Founded in 1977 as a 501(c)3 UVA associated organization, UVA LVG works with faculty, staff, and students in four key areas: invention disclosure facilitation, patenting, licensing, and new venture creation. The organization also manages the UVA LVG Seed Fund to support new ventures emerging from the UVA portfolio.