Software Technology Showcase
Featuring technologies from the School of Medicine, College of
Computer Science and Engineering, Center for Education and Human
Development, the Center for Transportation Studies, among others.
Office for Technology Commercialization 2
• To translate University of Minnesota
research into new products and services that
provide growth opportunities for our licensees,
benefit the public good, improve the quality of
life, and generate revenue to support the
University's research and education goals.
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Office for Technology Commercialization
Today’s Showcase: Software
Office for Technology Commercialization 4Note: Size of funnel qualitatively represents number of technologies in each stage.
‘voice of the
Stage Gate Process: ‘Moving technologies from lab to license’
An example of OTC incorporating successful industry-based processes
and/or Venture Center
Both Strategy &
Decision to License to Spin
OTC Venture Center
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License Fee – After the license is signed, the amount depends on the market value of the technology.
Patent Reimbursement Costs – Costs incurred to patent the technology.
Development Period – For a technology requiring further development, the UMN agreement can
provide for a development period during which time the annual license fees are reduced.
Royalties – Paid when products are sold. Royalty rates depend on the market value of the technology.
Minimum Royalty – The UMN expects a minimum royalty each year.
Additional licensing term flexibility can be inserted on a case by case basis….
Equity – With mutual consent, the University and the Licensee may agree to grant the University
equity holdings in the company as a partial offset against other expenses.
Fast Track Opportunity License – An approach to lock-in royalty rates before development is
complete and eliminate patent costs during the development period in exchange for a
single annual fee.
Typical Elements of a License Agreement
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Economic Ecosystem Must All Work in Concert-
University is One of Several Elements
Policies and Supportive
Experienced Management with Proven Success
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For more information on these
Technology Marketing Manager