Do you have a burning question on venture capital you need answered? Join OUP for our fourth annual ‘Ask a VC’ webinar, a session where our partner TTOs can ask Managing Partners Marc Singer and Bill Harrington anything and everything as it pertains to venture capital operations, decision-making, and the current investing environment. Since the…
This is part 1 of a 5-part webinar series called Startup Licensing 101: A Resource for Entrepreneurs Working with Companies Originated at Academic Institutions.
For many entrepreneurs, licensing from a university may be a new experience. This series of webinars provides information that will be helpful for academic entrepreneurs contemplating their first (or perhaps subsequent) license from an academic institution. Presented by an attorney who represents many academic startups, including their investors, along with two academic technology transfer veterans, these webinars bring views from both sides of the table and best practices for a fruitful and efficient negotiation.
Since its inception in 2009, OUP’s mission has been to foster deep partnerships with universities with three goals in mind: 1) to invest in their spinouts, 2) to help improve technology transfer effectiveness, and 3) to help improve research commercialization by connecting university startups to our network for funding and recruitment opportunities. Please join OUP for an upcoming webinar where we dive into specifics around how we work with our academic partners and continually work to achieve our mission.
Software-based technologies present challenges to the most experienced university technology managers when it comes to licensing. These technologies are often not patentable, released under an open source license, or the software is frequently rewritten – making the original code less valuable. Therefore, faculty frequently don’t disclose software, and companies commonly avoid licensing software IP from the universities.
A discussion on the differences in licensing to startups based out of Israel, China, and the UK by experts who have worked in these regions. David Ai, formerly of City University in Hong Kong, Amir Naiberg, formerly of Yeda Research and Development Co, in Israel, and Teri Willey, formerly of Cambridge Enterprise, will talk about particular variances in license clauses and startup structures that US tech transfer offices may encounter when licensing to entities incorporated in these countries.
Over the past several years, there’s been a proliferation of universities launching internally-driven accelerator programs, with the goal of providing inventors of early stage technologies an opportunity to develop their startup idea within an academic setting. The core concept behind a university accelerator is to offer funding, mentorship, and other resources to startups sometimes too nascent to attract seasoned talent and institutional funding. But such accelerators require large amounts of capital and an experienced team to administer programming, evaluate startups ideas, allocate funding, and provide company-building services amongst other tasks.
Hardware is hard. Large capital requirements, long development timelines, and fickle customers are classic critiques that VCs focus on when evaluating a hardware startup. Yet substantial investments in quantum computing, semiconductors, and additive manufacturing prove that an industry-changing vision with cutting edge technology can overcome investor hesitations about the sector. And while the numbers show that investment dollars into software outpace hardware, the reality is the two keywords no longer separate the industry as many hardware entrepreneurs and investors have learned the benefits of software-enabled “things.” Is the market returning to hardware bets? What do investors want to see in 2018? What are avoidable pitfalls of pitching a hardware story?
This workshop will focus on teaching you how to help investigators focus their technology disclosures, funding pitches, and other presentations on the three key factors crucial to gaining interest and commitment: commercial potential, technical merit and investigator willingness to assist.