Founded in 1773, Istanbul Technical University (ITU) is a prominent and pioneering university of engineering and architecture with many innovative studies in science, technology, research and development. ITU, as a university mainly composed of graduate engineering schools and research laboratories, works closely in collaboration with enterprises and other economic and social partners. ITU facilitates the knowledge and technology transfer to industries, management centres, briefly to all society. To do this, İTÜ has created many Techno-Science parks, incubation centres, entrepreneurship and innovation centre and technology transfer office. Hence, ITU offers a favourable environment for commercialization of research as well as university-industry collaboration at all levels.