Educational Research Business Plan


Educational Research Business Plan


University Patents aims to transfer technology from research universities into pre-existing companies through the licensing of patents.

The office of technology transfers is responsible for bringing university research and patents to market. Some universities have been very successful in this area, such as Stanford, U of Wisconsin or MIT. However, most universities lack the network and workforce necessary to place most patents. Universities are traditionally focused on patents that will make them money. Yet, less than 0.6% generate more than $1,000,000 annually in royalties. University Patents is able to assist universities in placing technology. The company’s singular focus can also help increase the revenue of the university through increased licenses. University Patents will make income by receiving a commission for each successful placement.

Many patents that are the result of university research cannot be used to support a business. They are most valuable to companies that already have products or can diversify their businesses into new markets. The small size of these patents mean that most Venture Capital (VC) firms are not interested in these patents and the universities are reluctant to spend time trying to place them. University Patents will have the ability to concentrate on the smaller patents. This will allow them to bring several patents per year to market.

University Patents’#8217′ business model will involve working with universities to place technology patents with corporations. University Patents will investigate the market, devise a value structure and find potential licensees. University Patents will negotiate with these parties and will be paid a commission based upon the licensing agreement and future royalties.

1.1 Objectives

First year objectives

  1. Establish solid relationships with four university programmes in your first year.
  2. Move four patents to commercialization in the first year.
  3. Within the first six-months, establish a contact process for contacting public and private companies.