The T3 assists in business development (AMITechnion) and helps recruit talent. It is involved i) in the analysis of new inventions and concepts developed at Technion, ii) in licensing technologies developed at the Technion, iii) incorporating spin-offs companies based in the Technion, iv) participating in the board of Directors of affiliated companies and v) negotiating and approving of the Intellectual Property and business aspects of agreements with industry. T3 maintains an interactive website for researchers, organises events where technologies are regularly presented to preselected audience and invites entrepreneurs to the Technion campus.