It is well known that universities play a leading role in advancing and promoting the science and technology. The key concern is how to ensure that the wealth of knowledge generated within universities can be transferred to industry to make the community, the local businesses and industries benefit from university scientific and technological expertise. Also, how to make the industries affect university research to be more focused and related to industries and community needs. So, the Egyptian Government started to encourage and promote university- industry collaboration through many programs and initiatives. One of these great initiatives is the Technology Innovation Commercialization Office announced by The Academy of Scientific Research and Technology (ASRT), consequently Suez University established the Technology Innovation Commercialization Office (TICO) at 2013.