Researchers and research funds from industrial organizations are accepted to conduct joint research with IIS faculty members. Facilities and equipment in IIS are made available for the collaborative research, and part of the direct expenses can be covered by IIS. Collaborative research projects with multiple universities and industrial organizations can be also organized. IIS considers the importance of the collaboration with small and medium sized companies. It received a certification as a translational research institute from NEDO (New Energy and Technology Development Organization). This certification authorizes to apply for NEDO’s “Translational Research Promotion Program for Small and Medium-size Enterprises”.