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The mission of the Industry, University and Government Transactions Committee is to promote the licensing profession involved with transactions between Industry and University/Government bodies, by, inter alia, promoting networking among its members, sponsoring appropriate educational activities such as workshops, lectures, and seminars and identifying and collaborating on problem areas of concern to, and major new developments in, this profession.

The goals of the Industry and University/Government Transactions (IUGT) Committee for 2011-2012 include the following: