Quick Start License Program
The ²ÝÁñÊÓÆµ State University (²ÝÁñÊÓÆµ) Office of Intellectual Property Development is now offering the ²ÝÁñÊÓÆµ Quick Start License. This program aims to better position ²ÝÁñÊÓÆµ startup companies for success by offering preferred option and licensing terms, and priority support services.
The talented faculty, staff, and students at ²ÝÁñÊÓÆµ are engaged in research with relevance, generating new intellectual property with tremendous commercial potential as a product of their research and scholarship. The ²ÝÁñÊÓÆµ State University Research and Service Foundation (²ÝÁñÊÓÆµRSF) owns that intellectual property and is responsible for managing it for the public benefit, including by protecting and licensing inventions.
²ÝÁñÊÓÆµâ€™s community has an enthusiastic entrepreneurial spirit, resulting in the creation of startup companies who are important licensing partners. ²ÝÁñÊÓÆµ fully supports the development of startups that commercialize inventions emerging from ²ÝÁñÊÓÆµ research.
Recognizing the unique challenges that ²ÝÁñÊÓÆµ startup companies face, this program provides a framework in two phases to maximize a startup’s likelihood of success and enhance its ability to attract external investment, while unlocking access to express agreements and preferred terms at each phase.
Use of the ²ÝÁñÊÓÆµ Quick Start License Agreement is possible under the following circumstances:
- A ²ÝÁñÊÓÆµ faculty, student, or staff is a founder of the company;
- All intellectual property rights are owned solely by ²ÝÁñÊÓÆµRSF;
- All essential criteria (detailed below) are met, and a business plan has been reviewed and approved by ²ÝÁñÊÓÆµ;
- The agreement is executed without modification.