Funding Programs to Bridge the Innovation Gap
Working with Industry
Finding the Right Company
Active role in identifying external POC funds (internal funding,
Science Center, Ben Franklin, BioAdvance, BioStrategy Partners)
Creative marketing to identify licensing partners or entrepreneurs
(social networking, conference participation)
Building value internally through expert-guided development funding and business plans (Fox School, Drug Discovery Center, App
Center)
Attracting industry partners through business development
Negotiating the Deal
Creative deal-making approach for companies interested in a license
Express deal-making approach for startup companies
Terms based on industry standards and technology value
Common negotiation tactics
TU Technology Development Fund
Purpose
– To polish technologies to prepare them for licensure, joint venture, or spin-out formation
– To build relationships with commercial partners
Match required
– External match preferred to engage a potential commercial partner, or investor
– Internal match from Dean and or chair also acceptable
TU Technology Development Fund
Process
– Access to the Fund
No application necessary
Invention or product disclosure is sufficient
– Internal Tech Commercialization review and prioritization. Evaluation includes need for technology diversity, cooperative PI, commercial partner, commercial potential, appropriate timeline
– External Review. High priority projects are submitted to an external review process to further prioritize and identify commercial partners
TU Technology Development Fund
External advisor and commercial milestone
– External technical expert with market experience will help Temple Admn set an appropriate technical milestone
– PI will need to agree to attempt to meet this commercial milestone.
Award
Size
– Awards will be between 10k and 100k
Contact Information
Stephen G. Nappi, Director
215-204-5293 snappi@temple.edu
Kourosh Sabet-Payman, J.D., M.S.
Technology Commercialization
Manager, Main Campus
215-204-8823 ksp@temple.edu
Niraj Muni, Ph.D.
Technology Commercialization Manager,
Health Sciences
215-707-9616 nmuni@temple.edu
J. Todd Abrams, Ph.D.
Business Development & Strategic
Initiatives
610-212-0625
Todd.abrams@Temple.edu
Stay Connected
Visit us online www.temple.edu/research/otdc
