[3] It reviews thousands of IP assets per year,[3] and forms, funds and manages start-ups that operate as subsidiaries.
[6] It entered into an innovative arrangement with the United States Department of Defense in 2012[7] whereby incubation stage companies are formed to allow advanced technology to be prepared for the market: early examples included advanced technologies for wireless and internet networking.
[8] This private-public partnership was expanded to the U.S. Army's Research Development, and Engineering Command; the Naval Surface Warfare Center, Crane Division, and the Aerospace Corp.[9] In October 2013, Allied Minds signed an agreement with The MITRE Corp. to share intellectual property and technology in the cyber and mobile security field.
[12] In August 2014, Allied Minds announced a joint venture with Bristol-Myers Squibb called Allied-Bristol Life Sciences to form new biotech companies based on discoveries within its university laboratory network.
[14] In September 2016, Allied Minds announced a partnership with General Electric Co.’s venture capital unit to jointly invest in new companies based on both GE's R&D in healthcare, transportation, energy, and big data, as well as intellectual property from Allied Minds’ network of U.S. federal and university research partners.