Technology Licensing Services
Connecting university innovations with industry partners through strategic licensing agreements
What is Technology Licensing?
A license agreement is a contract between Bowie State University and a third party in which BSU's rights to technology are licensed (without relinquishing ownership) for financial and other benefits.
Technology licensing represents a powerful opportunity for collaboration and innovation. It creates a partnership between established companies or new startups to meet specific performance requirements and make financial contributions that support further research and education.
This partnership allows for sharing knowledge and resources, fostering an environment where new ideas can flourish and benefit society.
Types of License Agreements
We offer various licensing arrangements to meet different commercialization needs
Grants one licensee the sole rights to use, develop, and commercialize the technology in specified fields and territories.
- •Maximum development commitment
- •Strongest market position
- •Performance milestones required
Allows multiple companies to license the same technology, promoting broader dissemination and application.
- •Wider market reach
- •Lower initial fees
- •Faster commercialization
Provides a limited time for a potential licensee to evaluate the technology before committing to a full license.
- •Due diligence period
- •Technology assessment
- •Market validation time
The Licensing Process
From initial interest to executed agreement: our collaborative approach
Potential licensees contact TTIO to express interest in specific technologies or explore available innovations.
TTIO provides detailed technical information, including patents, research data, and inventor consultations.
Parties negotiate license terms including fees, royalties, milestones, territory, and field of use.
Final agreement is executed, and licensee begins commercialization activities with ongoing TTIO support.
Key License Terms
Financial Terms
Upfront fees, annual maintenance fees, milestone payments, and royalties on sales or sublicensing revenue.
Performance Milestones
Specific development and commercialization targets with timelines to ensure diligent pursuit of the technology.
Field of Use
Defines specific applications, markets, or industries where the licensee may use the technology.
Territory
Geographic regions where the licensee has rights, ranging from local to worldwide coverage.
Licensee Qualifications
We seek licensees who demonstrate the capability to successfully commercialize university technologies:
- ✓Technical Expertise: Understanding of the technology and ability to further develop it
- ✓Business Capability: Proven track record in bringing products to market
- ✓Financial Resources: Adequate funding to support development and commercialization
- ✓Market Access: Established channels for reaching target customers
- ✓Commitment: Dedication to diligent commercialization with clear milestones
Benefits of Licensing from BSU
Cutting-Edge Research
Access to innovative technologies developed by leading researchers in various fields of science and engineering
Inventor Collaboration
Direct access to inventors for technical support, consulting, and collaborative development opportunities
Strategic Partnership
Opportunity to build long-term relationships with BSU for future innovations and talent recruitment