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UNM Rainforest Innovations (formerly known as the Science & Technology Corporation at UNM) is a nonprofit corporation formed and owned entirely by the University of New Mexico Board of Regents with proximity to research, development, laboratory facilities, and other technology-based companies. UNM Rainforest Innovations nurtures innovation and catalyzes economic development. UNM Rainforest Innovations’ dedicated staff is business oriented. Their full-time job is to understand the potential market applications of the wide range of technologies developed at UNM and to efficiently get them to companies that can commercialize them.