Office of Technology Transfer
The Office of Technology Transfer (OTT) is focused on transferring technology and providing benefit to the public. University technologies are licensed both to established companies and start-ups. The start-up development effort requires significantly more work than licensing to established companies, but has been an extremely active and rewarding portion of OTT. When a technology presents itself as a start-up opportunity, OTT is eager to promote and foster the start-up. The office provides guidance and assistance to the start-ups and is often willing to take a small equity stake in start-up companies in lieu of up-front fees and for the deferral of patent reimbursements. This enables the start-up to preserve capital, a critical aspect of early success.
For Faculty and Staff
All about protecting your innovations and licensing your technology.