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University System of Maryland and the Army Research Laboratory (ARL) Form New Tech-Transfer Partnership

October 14, 2011 Leave a comment

To speed researchers’ innovations to market and help create jobs, the University of Maryland-led Alliance gives small, targeted grants for demonstration projects that can help prove to potential investors that a successful laboratory concept works – often a make-or-break challenge.

From CisionWire:

“COLLEGE PARK, Md. – An innovative Maryland technology transfer program – the first of its kind in the United States to partner federal labs and public universities – has received an award honoring its success.

The Maryland Proof of Concept Alliance, which teams the Army Research Laboratory (ARL) and the University System of Maryland, was recognized as a national model by a group representing federal labs.

The Mid-Atlantic Federal Laboratory Consortium for Technology Transfer (FLC) – has made the Alliance the first recipient of its Partnership Award honoring successful collaborations between educational institutions and federal labs.

To speed researchers’ innovations to market and help create jobs, the University of Maryland-led Alliance gives small, targeted grants for demonstration projects that can help prove to potential investors that a successful laboratory concept works – often a make-or-break challenge.

“The Maryland Proof of Concept Alliance demonstrates that this tech-commercialization approach translates quite effectively to the federal sector,” says Mojdeh Bahar, FLC chair and former coordinator of the FLC’s Mid-Atlantic Region.

“Proof of concept has worked well in the private sector, and it’s quite an effective way of transferring promising technologies from university research labs into the marketplace. The Maryland program offers an important example of what public universities and federal labs can do together,” Bahar adds…”

READ FULL PRESS RELEASE [web]
Maryland Technology Enterprise Institute [web]
University System of Maryland Strategic Plan 2020 [web]

New Study Examines Methods for Technology Transfer from Federal Labs to Industry

July 11, 2011 Leave a comment

Study finds that the distinctive missions of federal laboratories, management strategies and resources, statutory requirements and incentives for researchers were key factors determining an agency’s particular approach to commercialization of federal laboratory results.

NIST Press Release:

A new report sponsored by the U.S. Commerce Department (DOC) – the results of the first independent study of its kind in almost 10 years-describes both barriers and effective strategies for the transfer of technology developed in federal laboratories to industry for commercialization.

Based on a literature review and interviews with technology transfer experts at 26 different federal research laboratories as well as 33 additional organizations, the study was released on June 14, 2011, at a meeting of the department’s National Advisory Committee on Innovation and Entrepreneurship, held at Howard University.

Agencies interviewed as part of the study also suggested a range of strategies for increasing the speed and extent of dissemination of federal technologies. Strategies included streamlining licensing; increasing cash, royalties, awards or other incentives that reward researchers for excellent technology transfer efforts; and raising the visibility of available technologies through showcase events, intellectual property databases, and networking at conferences and workshops.

READ THE FULL REPORT [web; pdf]
NIST Press Release [web]

DOE Aims to Double Number of Startups Coming Out of the National Labs

April 11, 2011 Leave a comment

Department of Energy Launches “America’s Next Top Energy Innovator”

As part of the Administration’s Startup America Initiative, U.S. Energy Secretary Steven Chu announced recently the “America’s Next Top Energy Innovator” challenge, which will give start-up companies the opportunity to license groundbreaking technologies developed by the national laboratories for $1,000 and build successful businesses. As part of this effort, the Department is reducing both the cost and paperwork requirements for start-up companies to obtain an option agreement to license some of the 15,000 patents and patent applications held by our 17 national laboratories.

Beginning May 2, 2011, DOE will kick off the challenge by posting a streamlined template option agreement online for entrepreneurs to submit to laboratories. Entrepreneurs must identify the technology of interest and submit a business plan to be considered for the program. Participants will have until December 15 to make their submission to the laboratory.

As part of the program, the Department will reduce the total upfront cost of licensing DOE patents in a specific technology to a $1,000 upfront fee for portfolios of up to three patents. This represents a savings of $10,000 to $50,000 on average in upfront fees. Other license terms, such as equity and royalties, will be negotiated on a case by case basis and will typically be due once the company grows and achieves wide scale commercial success.

Entrepreneurs interested in participating can already view the available technologies on the Department’s Energy Innovation Portal.

Press Release [web]
Startup America Initiative [web]
DOE’s Innovation Portal [web]