Tech Transfer eNews Blog

Stretch Your TTO’s Budget: Tap Into Industry Resources and Partnerships

By David Schwartz
Published: March 10th, 2010

TTO budgets are notoriously skimpy — and economic conditions haven’t helped, to say the least. Many offices are struggling to operate effectively with fewer resources, and cost-cutting has gotten its fair share of attention by most. But there is another way to stretch your TTO budget that takes the opposite approach: adding resources and dollars from industry collaborators. The fact is that, even without specific IP, many well-heeled companies want to be on your speed dial and develop relationships with the university, hoping to be first in line for critical new technologies and anxious to get a glimpse at what’s going on behind the laboratory doors. For cash-strapped TTOs, these companies can be a wellspring of needed resources and funds beyond the typical licensee or sponsored research relationship. What’s more, these relationships often lead directly to future licensing deals, bringing even more benefit to your tech transfer program.

To help you tap into these industry resources and funds, Technology Transfer Tactics’ Distance Learning Division has partnered with a TTO executive who has made it his mission to offset tight money constraints by forging corporate partnerships and utilizing industry funding to further the office’s aims and bolster its budget. Mike Rondelli, Director of Technology Transfer and Commercialization, has successfully led San Diego State University’s TTO to consistent high performance in the ratio of research dollars spent to licensing revenues earned. Find out how SDSU’s secrets of success by joining us on April 8th for Stretch Your TTO’s Budget: Tap Into Industry Resources and Partnerships, a 90-minute distance learning event that will offer first-hand advice on how to offset tight budget constraints by forging partnerships, utilizing industry resources, and more. CLICK HERE for full details or to register.

PLUS, coming March 30th: The Bilski Decision: Expert Strategies to Manage Its Impact on University IP

Posted under: Distance Learning, Tech Transfer e-News

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