Technology Licensing

Technology Transfer Opportunities

How does technology licensing fit with the SBIR/STTR funding sources?

Licensing technologies is a great way to deliver value in the marketplace by offering new proprietary products and services that generate revenues. However, bridging the funding gap to commercialize the technology is a huge hurdle for many startups. For many startups, SBIR/STTR funding is leveraged to accelerate commercialization of the licensed technology and is often augmented through outside investments (angels, venture capitalists, etc.).

Sources of technologies available for licensing include:

  • University of Minnesota, Technology Commercialization

    To learn about the technology transfer process, the Association of University Technology Managers describes technology transfer in this short video.

    The University of Minnesota maintains a searchable listing of available technologies developed by their world-renowned faculty and researchers. The technology listing is searchable by keyword and in specific market areas such as life sciences. Each listing includes contact information for the Technology Licensing Officer who is responsible for marketing and licensing the technology. Additionally, some technologies may be licensed, non-exclusively, through an online portal.

    Watch this video about the University of Minnesota startups.

    For more information on technologies available from the University of Minnesota, visit: www.license.umn.edu

  • Mayo Clinic Business Development

    With hundreds of new disclosures each year from every facet of Mayo Clinic’s practice, Mayo Clinic Business Development is always looking for partners to help bring these inventions to the marketplace. Find specific technologies by searching with keywords above or by browsing in the categories to the right. We also provide summaries of selected technologies and their stages of development in the following sectors:

  • Federal Technology Transfer Opportunities

    Technology transfer is the process by which existing knowledge, facilities, or capabilities developed under federal research and development funding are utilized to fulfill public and private needs. Watch this video to learn about technology transfer opportunities from a federal laboratory.

    The White House commissioned a committee to evaluate the current federal technology transfer environment. Their recent report describes their efforts to Improve Transfer of Federally-Funded Technologies from Lab-to-Market.

    The Challenge

    The Federal Government invests approximately $150 billion annually (1) in research and development (R&D) conducted at Federal laboratories, universities, and other research organizations.

    For America to maintain its position as the global leader in innovation, bringing products to market more quickly, growing the economy, and maintaining a strong national security innovation base, it is essential to optimize
    technology transfer and support programs to increase the return on investment (ROI) from federally funded R&D.

    The Goal

    Improve the transition of federally funded innovations from the laboratory to the marketplace by reducing the administrative and regulatory burdens for technology transfer and increasing private sector investment in later-stage R&D;

    • Develop and implement more effective partnering models and technology transfer mechanisms for Federal agencies; and
    • Enhance the effectiveness of technology transfer by improving the methods for evaluating the ROI and economic and national security impacts of federally funded R&D, and using that information to focus efforts on approaches proven to work.

    See Bayh-Dole Regulations for Federally Funded Inventions for more information.

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