Tech Transfer Central
Tech Transfer eNews

Tech Transfer E-News provides a weekly round-up of current news and information in the world of tech transfer, delivered every Wednesday (sign up here). It is published by Technology Transfer Tactics newsletter, which is available as a monthly subscription. For more information or to order a subscription click here, or for a sample issue, click here.

IP License Agreement Primer: Understanding Key Provisions Without the Legalese

The License Agreement is the lifeblood of the TTO and the key documents that so much of what you do revolves around. It’s what you depend on to provide a roadmap to license compliance, revenue recognition and tracking, IP protection, and how your valuable innovations are commercialized. That’s why it’s essential for tech transfer staff at all levels to understand each section of the contract so they can carefully review and negotiate each component — and ensure that the university’s rights and obligations are clearly defined and adequately protected.

We’ve teamed up with licensing gurus Jonathan Gortat and Evan Elder of Stanford University’s Office of Technology Licensing to bring you this 90-minute, comprehensive webinar: IP License Agreement Primer: Understanding Key Provisions without the Legalese, scheduled for April 16th. In this “A to Z” webinar, participants will obtain a clear understanding of key provisions of a license agreement in everyday language as opposed to legalese. Important issues to consider and look out for will be discussed, and the webinar will be aimed at educating those newer to licensing or not in traditional licensing roles within the university. 

Use this expert-led primer to train your newer and less experienced staff, and keep the recorded program in your training library for future use whenever it’s needed. For complete details or to register, click here.

Also coming soon:

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TTO Marketing with Limited Marketing Resources: Doing More with Less

In a perfect world, every tech transfer office would have a dedicated marketing staff spending all day reaching out to prospects, crafting clever promotions and social media posts, building faculty relationships, and creating a funnel of licensing opportunities.

But it’s not a perfect world and most TTOs are understaffed, forcing these tasks upon already maxed-out licensing and technology managers. The main tasks of protecting and licensing IP get diluted, and staff morale sinks.

We’ve tapped four TTO marketing experts who understand the struggles of a slim-to-none marketing budget — and yet are producing great results. The key? Relationships, communication, interns, trainees and fellows, and a little help from AI. Please join us for this strategy-filled program designed to help expand and improve your TTO’s marketing without expanding your budget: TTO Marketing with Limited Marketing Resources: Doing More with Less, scheduled for April 25th.

Our team of presenters will tap into their vast wealth of knowledge and their proven strategies for “doing more with less” and bring you their best practices. For complete program and faculty details or to register, click here.

Also coming soon:

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Improve TTO performance with The Tech Transfer Operations Video Toolkit

When it comes to the day-to-day function of the tech transfer office, operations staff are the “unsung” heroes. While they don’t get the headlines and kudos for patents issued, big licensing deals, and new start-ups, tech transfer professionals know that it’s their work behind the scenes that underpins every commercialization achievement.

Whether it’s docketing, royalty distribution, Bayh-Dole compliance, database management and reporting, licensee compliance, keeping up with attorney fees, or any of the hundreds of tasks often taken for granted in the complex world of university tech transfer, these critical team members are doing the dirty work, day in and day out.

That’s why we’ve created an extensive collection of resources focused specifically on many of the most difficult TTO operations challenges. The Tech Transfer Operations Video Toolkit is an instant library of 20 detailed distance learning programs addressing everything from budgeting, productivity, and data management to staffing, risk mitigation, auditing, MTA management, and more. The guidance contained in the toolkit’s programs can make a critical difference in your TTO’s efficiency and performance, and it’s priced at less than $25 per program.

Even better, every session can be shared freely within your office with other staff and viewed repeatedly, making The Tech Transfer Operations Video Toolkit about the most cost-effective investment you can make. For complete details, click here.

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IP License Agreement Primer: Understanding Key Provisions without the Legalese

The License Agreement is the lifeblood of the TTO and the key documents that so much of what you do revolves around. It’s what you depend on to provide a roadmap to license compliance, revenue recognition and tracking, IP protection, and how your valuable innovations are commercialized. That’s why it’s essential for tech transfer staff at all levels to understand each section of the contract so they can carefully review and negotiate each component — and ensure that the university’s rights and obligations are clearly defined and adequately protected.

We’ve teamed up with licensing gurus Jonathan Gortat and Evan Elder of Stanford University’s Office of Technology Licensing to bring you this 90-minute, comprehensive webinar: IP License Agreement Primer: Understanding Key Provisions without the Legalese. In this “A to Z” webinar, participants will obtain a clear understanding of key provisions of a license agreement in everyday language as opposed to legalese. Important issues to consider and look out for will be discussed, and the webinar will be aimed to educate and guide those newer to licensing or not in traditional licensing roles within the university. 

Use this expert-led primer to train your newer and less experienced staff, and keep the recorded program in your training library for future use whenever it’s needed. For complete details or to register, click here.

Also coming soon:

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The Complete Start-Up Boot Camp for University TTOs – take half off

For organizations looking to educate their faculty and staff on the challenges associated with launching and successfully managing university start-ups, Tech Transfer Central’s Distance Learning Division has created a resource that’s inexpensive, comprehensive, and can be accessed by your staff and faculty wherever and whenever it’s needed.

The Complete Start-Up Boot Camp for University TTOs is the perfect resource to walk you, your staff, and your faculty step-by-step through the venture creation process from launch to exit. This 22-session distance learning series – in three outstanding volumes led by a world-class roster of academic start-up experts – contains over 25 hours of detailed guidance and advice. And this week, E-News readers can take half off the price by using discount code CAMP500 at checkout – making the price just $498.50.

Each program will provide you with the detailed training and strategies your faculty and staff need to more effectively launch and manage start-ups, as well as foster a vibrant entrepreneurial ecosystem to support them. Share the sessions with you team, your researchers, and keep it for unlimited use in your training library.

For complete details, click here, and don’t forget to enter code CAMP500 at checkout to save nearly $500.

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Turn Old Patents into New Revenue: Assertion Strategies for University Tech Transfer Offices

Every TTO has them: unlicensed older patents that cost the TTO money in maintenance fees and staff time. But don’t put them out to pasture just yet. Contrary to what you might think, old patents are often the most valuable — especially university patents, which are often years ahead of industry innovation and adoption.

Your TTO can generate licenses and royalties with this forgotten group of assets. Over the years, as markets and industries evolved, these patented technologies may have become part of products that by all rights should have involved a license — representing potentially significant revenues for your university and your faculty. Even if you don’t have the bandwidth or budget to pursue these forgotten gems, there are 3rd party options that can do it all for you: assess the portfolio, find the infringements, and handle the assertion. 

To learn how to tap into this potential, join experts from LevelSet Capital for this revenue-building webinar: Turn Old Patents into New Revenue: Assertion Strategies for University Tech Transfer Offices, scheduled for next Wednesday, March 27th. Our expert panel will provide a look “under the hood” at how universities can generate licenses and royalties from their older or dormant patent assets. For complete program and faculty details or to register, click here.

Also coming soon:

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Scale-up Strategies for University Start-ups released

Scale-up Strategies for University Start-ups, a newly released distance learning collection, provides detailed, expert guidance on what it means and what it takes to scale successfully – and how TTOs can play a big part in helping new ventures escape the Valley of Death and bring significant returns to the university.

From expert advice on how to build a pitch deck, to case studies on successful university-based scale-up programs, to planning an exit strategy and surviving the due diligence process, this collection will help you guide your start-ups through the scale-up minefield — so they become success stories for your TTO that are producing revenue, jobs, economic and social benefits, and true impact.  

Here is a full list of sessions included in Scale-up Strategies for University Start-ups (Click the titles for program and faculty details):

Purchasers can view all sessions without limitation, share them with staff, and keep the collection for future training. For complete details or to order, click here.

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Coming next week: Leveraging Anti-Dilution Provisions to Protect University Equity in Startup Ventures

The venture ecosystem shifted dramatically over the last two years with enduring changes that will continue to impact dealmaking in 2024. As they navigate this challenging environment, university start-ups are increasingly utilizing convertible instruments, such as SAFEs and convertible notes, to delay determination of valuation until a more favorable fundraising climate emerges.

This results in an increasingly complex process when it comes time for conversion of these instruments at a financing round, particularly if there are multiple convertible instruments in play, and can have a significant impact on the ownership stakes of both universities and their faculty founders. The wrong outcome can lead to adverse consequences and potentially jeopardize the successful completion of the financing deal.

Understanding how the university’s anti-dilution rights operate when convertible securities are involved is essential not only for the university, but also for both entrepreneurs and investors to foster clarity and alignment among all parties. That’s why we’ve tapped Kate Schulhaus, PhD, who manages start-up equity for The Ohio State University’s Office of Innovation and Economic Development, to lead this critical and practical webinar: Leveraging Anti-Dilution Provisions to Protect University Equity in Startup Ventures, scheduled for next Wednesday, March 20th.

During this detailed program, Dr. Schulhaus will delve into crucial strategies for anti-dilution as a protective mechanism for preserving the university’s equity interests and provide valuable insights into understanding, negotiating, and managing anti-dilution clauses effectively. For complete program details or to register, click here.

Also coming soon:

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Leveraging Anti-Dilution Provisions to Protect University Equity in Start-up Ventures

The venture ecosystem shifted dramatically over the last two years with enduring changes that will continue to impact dealmaking in 2024. As they navigate this challenging environment, early-stage companies and TTOs are increasingly utilizing convertible instruments, such as SAFEs and convertible notes, to delay determination of valuation until a more favorable fundraising climate emerges.

However, this results in an increasingly complex process when it comes time for conversion of these instruments at a financing round, particularly if there are multiple convertible instruments in play, and can have a significant impact on the ownership stakes of both universities and their faculty founders. The wrong outcome can lead to adverse consequences and potentially jeopardize the successful completion of the financing deal.

Understanding how the university’s anti-dilution rights operate when convertible securities convert in a financing round is essential not only for the university, but also for both entrepreneurs and investors to foster clarity and alignment among all parties. That’s why we’ve tapped Kate Schulhaus, PhD, who manages start-up equity for The Ohio State University’s Office of Innovation and Economic Development, to lead this critical and practical webinar: Leveraging Anti-Dilution Provisions to Protect University Equity in Start-up Ventures, scheduled for March 20th.

During this detailed program, Dr. Schulhaus will delve into crucial strategies for anti-dilution as a protective mechanism for preserving the university’s equity interests and provide valuable insights into understanding, negotiating, and managing anti-dilution clauses effectively. For complete program details or to register, click here.

Also coming soon:

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Webinar TOMORROW — The New Framework for March-In Rights: Potential Impact on University Partnerships and IP Licensing

The U.S. government’s proposed framework for exercising march-in rights under Bayh-Dole — including pricing considerations — has sent ripples of concern through the tech transfer and sponsored research community along with those working in the wider innovation ecosystem.

In addition to the potential impact on the overall future of U.S. innovation and commercialization, TTOs and engagement professionals are likely to face their own specific challenges in the wake of expanded march-in rights, with potential impacts on licensing, VC funding, industry-sponsored research, and more.

With the majority of university-based research and innovation being supported in some measure through government funding, it begs the question: How could this framework affect the future of our ability to develop and commercialize government-funded IP?

Will start-ups be able to attract VC funding without assurance that their patents won’t be co-opted by the government? Will licensees perceive new levels of risk that make deals harder to come by and reduce the royalty rates and other fees they’re willing to pay? Do license and funding agreements now need to address the potential for march-in rights based on drug pricing considerations, and how? Also at stake are precious partnerships between research institutions and corporations that could be jeopardized out of fears that any project supported by government funding risks the loss of rights to critical IP.

The future is uncertain around march-in rights and their potential impact, and that’s why we’ve teamed up with two attorney experts from Foley Hoag to lead this critical and timely one-hour webinar: The New Framework for March-In Rights: Potential Impact on University Partnerships and IP Licensing, scheduled for February 29th. For complete details or to register, click here.  

Also coming soon:

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Scale-up Strategies for University Start-ups released

Scale-up Strategies for University Start-ups, a newly released distance learning collection,  provides detailed, expert guidance on what it means and what it takes to scale successfully – and how TTOs can play a big part in helping new ventures escape the Valley of Death and bring significant returns to the university.

From expert advice on how to build a pitch deck, to case studies on successful university-based scale-up programs, to planning an exit strategy and surviving the due diligence process, this collection will help you guide your start-ups through the scale-up minefield — so they become not just a statistic in a tally of start-ups created, but a real success story for your TTO that’s producing revenue, jobs, economic and social benefits, and true impact.  

For only $397, you get all five streaming sessions included in the collection immediately, along with all program materials and transcripts from each session. (That’s $588 off list price when these programs are purchased separately.)

Here is a full list of sessions included in Scale-up Strategies for University Start-ups (Click the titles for program and faculty details):

Purchasers can view all sessions without limitation, share them with staff, and keep the collection for future training. For complete details or to order, click here.

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Alternative Equity and Exit Strategies for University Startups

In a fast-changing world — including the world of university start-ups — evolving and adapting to changing market conditions is imperative. And that applies perhaps most directly to two specific areas: the way equity stakes are handled, and the way exits are planned and executed.

Those changes are reflected in the rise of convertible notes and SAFE instruments as alternatives to typical start-up equity, and in the advent of special purpose acquisition companies as alternatives to traditional exits via acquisition or a traditional IPO. To help TTOs and their startups assess these alternatives and weigh their pros, cons, risks, and benefits, we’ve assembled this detailed, two-session distance learning collection: Alternative Equity and Exit Strategies for University Startups.

The collection features these two expert-led sessions:

For complete details or to order, click here.

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