Researchers and research funds from industrial organizations are accepted to conduct joint research with IIS faculty members. Facilities and equipment in IIS can be used for the collaborative research. Collaborative research projects with multiple universities and industrial organizations can be also organized. In addition, a comprehensive collaboration scheme in which industrial organizations' members and IIS faculty members jointly select the concrete research themes, decide budget allocation and confirm progress etc is conducted.
IIS considers that the collaboration with small and medium sized companies are also very important. For example, IIS have been awarded a certification from NEDO (New Energy and Technology Development Organization) as a translational research institute, which authorizes application for NEDO's "Translational Research Promotion Program for Small and Medium-size Enterprises."