Faculty Commercialization Guide

The Technology Licensing Office can connect you to important regional and international networks—necessary for your pathway to market.

Technology Licensing Office provides all aspects of invention management, patent prosecution, licensing, startup formation and support, and access to early-stage funding. Each year we work with hundreds of your colleagues, processing annually an average of 200+ disclosures, and our office is proud to have guided the issuance of 1,300+ patents for the U’s faculty innovators. We understand that as a faculty member, your research and expertise have the potential to make a lasting impact beyond the academic realm. That's why we are committed to providing you with the knowledge, resources, and support necessary to navigate the exciting journey of technology commercialization.

Commercialization Guide

This comprehensive guide is designed to support faculty members in their pursuit of commercializing their groundbreaking research and innovative ideas. Inside this guide, you will find a wealth of valuable information to help you unlock the full potential of your inventions and discoveries. From protecting your intellectual property rights to finding the right industry partners and securing funding, we've got you covered at every stage of the commercialization process.

Commercialization Process at the U

1 Starts with an idea

2 Disclosure

An idea can be disclosed through the Technology Licensing Office disclosure form. Once submitted, a technology manager will be assigned to review the disclosure.

3 Review Process

A team of internal and external experts will evaluate the invention stage of development, market size, commercial opportunity, intellectual property protection options, funding requirements, and the likely commercial path. A comprehensive analysis is compiled into a “triage report” that is reviewed with the inventor to help them understand the potential of the invention and next steps.

4 Intellectual Property Protection

Technology Licensing Office works with independent attorneys specializing in intellectual property protection, many of whom also have a technical background. Working actively with the inventors and attorneys, intellectual property protection will be sought.

5 Market Inventions

Technology Licensing Office works with inventors to determine when an invention is ready to be licensed (either to a start-up or an existing company). Efforts to identify the best potential partner(s) are made.

6 License

Technology Licensing Office will work to negotiate a license based on equitable terms as efficiently as possible.

7 Products & Services

Once a license is executed, Technology Licensing Office works to support relationships with licensees to optimize commercial impact.

8 Royalty & Investment Income

Technology Licensing Office distributes royalty and investment income, per university policy, to inventors. Where possible, income is also re-invested into research grants and distributions to academic departments for commercialization development of future university inventions.

pdf University of Utah Faculty Guide to Technology Commercialization (12.93 MB)

 

Inventor Resources

Work with Industry

Interested in expanding your list of industry contacts to more broadly support your research and your students' time? Technology Licensing Office has the resources to help you to extend your outreach or deepen your relationships. These broad relationships provide a win-win-win for industry, the university, and society.

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Connect with Mentors

Technology Licensing Office created its multi-faceted in-residence program to leverage the knowledge, experience, and networks of successful entrepreneurs and industry leaders. The program includes Executive (XIR), Entrepreneur (EIR), and Mentor-in-Residence (MIR) tracks, each with a different goal.

Learn about In-Residence Programs

Grants & Funding

Technology Licensing Office strives to provide a list of external grants and investments funds, and these lists are constantly updated. The U offers several options like the Ascender Grant Program and the 1850 Venture Fund.

Explore Funding Opportunities

StartUp 360™

This comprehensive program connects U faculty and spinout companies with the resources they need to be successful for whatever stage a company is celebrating: conception, creation, growth or acquisition.

Learn about StartUp 360™

 

Questions?

We support you and your innovation.

Regardless of what you are looking for, or what stage you are in the innovation journey, the Technology Licensing Office is your go-to source to connect you with the U’s innovation ecosystem.

Call 801.581.7792 or send us a message

 Technology Licensing Office
Mailing: P.O. Box 856, Tooele, UT 84074
Packages: 65 N Main St #856, Tooele, UT  84074
801-581-7792

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