The InnovFin Technology Transfer Financing Facility (TTFF) will co-finance investments made by existing technology transfer funds and vehicles. It focuses on technology transfer undertaken through the creation of new companies and licensing of intellectual property during the proof-of-concept, development, and early commercialization stages. Entities located in EU member states or associated countries are eligible. The TTFF expects to sign agreements with technology transfer funds, increase the number and volume of deals, and commercialize a higher proportion of scientific knowledge produced in Europe.