UPDATE: This year, we initially reported our results on August 30. Regrettably, on September 30, we discovered that two FY2016 agreements were misclassified in our system. We've since updated our process and documents.

Last year, we described how we are connecting people, resources and ideas to build a new kind of commercialization ecosystem. This year, we have broadened our work and deepened our reach, resulting in TLA's third year running of record results for the UA.

To address the growing number of inventions TLA evaluates for commercialization and help startups develop high-quality strategies and teams, the office has hired entrepreneur and executive Steven Wood for its Mentors-in-Residence team.

Join the team from Tech Launch Arizona as they share all their great answers to this question — in just three words (more or less).

The UA has licensed a new social media and video platform called Filmstacker to its namesake startup company. Developed by the UA College of Agriculture and Life Sciences media team, the system allows users to create, share and discuss online mini-documentaries.

As of June 30, 2016, TLA completed its third full year of operation, again surpassing all of its established performance metrics.Tech Parks Arizona, a component of TLA, finished the year with record accomplishments, as well. Story and video. >>

In 2009, the UA undertook the creation of an online service to help match students with scholarships. Today, that web-based technology – called Scholarship Universe – has been licensed to Phoenix company CampusLogic.

The UA has licensed a commodity price-risk management web application to Tucson startup Hedgesmart LLC. Roger Dahlgran, Ph.D., of the UA College of Agriculture and Life Sciences, created the system.

The University of Arizona has licensed a new technology for measuring brain chemistry to startup Knowmad Technologies. The invention enables researchers to monitor neurotransmitters in real-time in targeted regions of the brain simultaneously.

Scientists at the University of Arizona College of Medicine – Phoenix, in partnership with the University of Luxembourg, have developed a new instrument for studying a biological model of the human gastrointestinal tract that mimics the actual conditions and processes that occur within the intestine.

Using the Lean Launch curriculum, the UA NSF I-Corps program provides up to $2,250 in funding to help entrepreneurial teams with innovative technologies learn about their customers. Applications for the next cohort are due on June 24, 2016.

VIDEO: Before he died unexpectedly, Alan Wall had an idea for a more efficient and less expensive way to clean chillers, and it stands as an example of how innovation can happen across the UA.