CEDAR FALLS, Iowa (AP) — The University of Northern Iowa has entered a formal agreement with another college to help oversee its patent and business plans.

Officials with both schools say the agreement will create new opportunities for commercializing inventions created on campus.

A University of Northern Iowa official says the number of ideas being pitched at the school has held fairly steady over the past few years. He says as patents, licenses and profits emerge from the new partnership with Iowa State University, he expects faculty and staff to be inspired to share more of their ideas.

The University of Northern Iowa earlier this month signed the agreement with Iowa State.

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