TRLs are the readiness level of a technology for commercialization. Although not an exact definition, understanding where your tech stands allows you to present your technology in terms for planning for next steps. University techs are generally 1-3, early stage companies push the 5-6 level, and you are ready to sell when you are in levels 7-9.
- Market Entry Level
- 1-4 Research, 5-6 POC, 7-9 Commercialization
- Not precise number, but sets level
- Establishment of levels key to grants and investments