At the time invention disclosures are submitted to university technology transfer offices (TTOs) and patent protection is sought, the inventions are often very early-stage, requiring substantial time and R&D to take the nascent technology to market. Because of this high risk, larger established companies can be hesitant to license the technology. As a result, many university-owned inventions would language languish if not for innovative, risk-taking inventors who spin out companies for the purpose of developing intellectual property they created as university faculty, staff, or students. While the scientists, engineers, and clinicians who become inventor-founders can supply the company with the technical knowledge needed to advance the invention, spinouts regularly face significant challenges in two other critical areas?operating a cash-strapped organization and developing the business development skills to grow the enterprise. Such financial and managerial struggles can be particularly difficult to overcome in the first few years of operation, and it is all too common for a spinout to fold before a product can be commercialized. To support their university entrepreneurs, many TTOs have crafted a suite of favorable deal terms and business development support services to offer to spinouts to help the companies survive these challenging early years.

Session Pricing:

$49