Faculty members serve as consultants to industry. Research park firms can easily recruit university graduates . Industry has access to equipment, funds, fellowships, grants, or scholarships to the university. The university has access to industry's labs and equipment for research and training. Industry has access to equipment, labs, libraries, and other resources of the university.
Industry provides students with an opportunity for practical, hands on training experience.
National High Magnetic Field Laboratory Industry provides part time or summer training jobs for students. Industry funds university research projects. Industry advises the university on curriculum needs for students entering related fields. The university offers seminars and conferences to industry.