The National Technology Initiative (NTI) was launched by presidential initiative in early 1992. Fourteen regional conferences were held across the nation during that year. NTI's main goal was to promote U.S. technological competitiveness by increasing the effectiveness of industry/government partnerships. Each conference addressed specific, regionally significant areas of technology and included exhibits staffed by federal agencies, universities, and laboratories. These conferences gave federal agencies a high-visibility way to reach and tell industry what federal technology transfer was all about and how industry could participate. They also addressed financing research, licensing agreements, and cooperative agreements between government and industry.