FOR NORTHWESTERN INVENTORS

 

New Business Development + Start-Ups

Interested in starting a new company? Visit us at Tech Transfer @ Northwestern to initiate a dialogue to:

1. Get a clear understanding of the University Policies and issues related to Faculty Conflict of Commitment and Conflict of Interest.
2. Prepare a detailed and comprehensive plan for developing the technology of interest to you. Outline the extent of University resources, if any, the company might need, such as personnel, services, space and facilities.
3. Begin discussions to negotiate the license for granting of IP rights from Northwestern to the start-up with a viable commercialization plan.
4. View our list of Start-Ups.

 

- Business Development services provided by Tech Transfer @ Northwestern include:

1. Identifying market and business opportunities
2. Navigating the patent landscape
3. Ascertaining the competitive advantages of the Intellectual Property (IP)
4. Formulating Development Plans
5. Opportunity to explore financing (federal, angel, venture capital)
6. Introduction to Investor network and venture capital funds

 

- Tech Transfer @ Northwestern provides referrals to :

1. Legal, business or management consultants for incorporation
2. Funding Sources (SBIR & STTR)
3. Space

 

- Start-up Companies must obtain a license.

The start-up company with an entrepreneur committed to developing a particular technology may be the best licensee, but the start-up company must offer a viable plan to commercialize an invention in order to receive a license.

 

- Begin License Negotiations

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