Venture Partners'ÌýLicensing IncentiveÌýis an exciting opportunity to incentivize companies and startups looking to license your IPÌýand sponsor research in your lab. We want to make you aware of this opportunity as you are speaking to potential licensees.
Who should apply?Ìý
If you have disclosed an invention to Venture Partners and are in touch with, or know of a company that is interested in bringing your technology forward and sponsoring research, this can be a great incentive to present to them that could accelerate the decision.
What comes next?Ìý
Successful applicants will execute license and sponsored research agreements with ÃÛÌÒ´«Ã½Æƽâ°æÏÂÔØ, and the university will provide a 1:1 match on direct costs in the sponsored project. Standard terms apply for the sponsored project, including indirect costs. Sponsored projects of $100,000-$250,000 (including matching funds) are recommended but larger projects will be considered.
This is a competitive process andÌýmatching funds are limited, so we do recommend that you reach out at your earliest convenience if you have a candidate for the program.Ìý
Should you have any additional questions please don’t hesitate to reach out to Nicole Forsberg or your licensing manager at Venture Partners.