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Industry

A man and woman wearing safety glasses reviewing a document.
A man and woman wearing safety glasses reviewing a document.

Pairing Researchers With Industry

NVRIC is all about building lasting, mutually beneficial relationships with its industry partners. As a partner to the University of Nevada, Reno, we have the responsibility to manage the University’s innovations in a manner that transfers the innovations to benefit society and generate a revenue stream that benefits research and education at the University. Universities typically do not make products. It is essential that we license the fruits of research to companies that will then develop products for the marketplace.

In addition to licensing Intellectual Property (IP) to existing and startup companies, NVRIC can facilitate relationships with the University and faculty through sponsored research projects and the Nevada Center for Applied Research.

Philosophy

Our philosophy: NVRIC balances the potential licensee’s needs and objectives with those of NVRIC to negotiate licenses where both sides can share in the return on investment into research and development.

NVRIC owns innovations created at the University of Nevada, Reno. We perform business and IP protection assessments and if the decision is made to move forward with an innovation, NVRIC manages the entire IP protection process as well as markets the innovation to seek industry partners. We negotiate, sign, and enforce the agreements and manage the financials with the revenues being transferred to the University to support continued research.

Our process is straightforward: When a company expresses interest in licensing one of our properties, the first question that we ask is what the company will do with the innovation. We will ask for a commercialization plan with product development milestones and timelines. From there, we will work with the company to determine the financial terms, with a mix of cash and or equity plus downstream royalties or similar payments. Other terms are fairly typical of those found in IP licenses between academia and industry.

We encourage collaboration and sponsored research between the company and our innovators, and will be happy to facilitate that process.

Check out available technologies here.

 

Pairing Researchers With Industry

NVRIC is all about building lasting, mutually beneficial relationships with its industry partners. As a partner to the University of Nevada, Reno, we have the responsibility to manage the University’s innovations in a manner that transfers the innovations to benefit society and generate a revenue stream that benefits research and education at the University. Universities typically do not make products. It is essential that we license the fruits of research to companies that will then develop products for the marketplace.

Pairing Researchers With Industry

NVRIC is all about building lasting, mutually beneficial relationships with its industry partners. As a partner to the University of Nevada, Reno, we have the responsibility to manage the University’s innovations in a manner that transfers the innovations to benefit society and generate a revenue stream that benefits research and education at the University. Universities typically do not make products. It is essential that we license the fruits of research to companies that will then develop products for the marketplace.

In addition to licensing Intellectual Property (IP) to existing and startup companies, NVRIC can facilitate relationships with the University and faculty through sponsored research projects and the Nevada Center for Applied Research.

Philosophy

Our philosophy: NVRIC balances the potential licensee’s needs and objectives with those of NVRIC to negotiate licenses where both sides can share in the return on investment into research and development.

NVRIC owns innovations created at the University of Nevada, Reno. We perform business and IP protection assessments and if the decision is made to move forward with an innovation, NVRIC manages the entire IP protection process as well as markets the innovation to seek industry partners. We negotiate, sign, and enforce the agreements and manage the financials with the revenues being transferred to the University to support continued research.

Our process is straightforward: When a company expresses interest in licensing one of our properties, the first question that we ask is what the company will do with the innovation. We will ask for a commercialization plan with product development milestones and timelines. From there, we will work with the company to determine the financial terms, with a mix of cash and or equity plus downstream royalties or similar payments. Other terms are fairly typical of those found in IP licenses between academia and industry.

We encourage collaboration and sponsored research between the company and our innovators, and will be happy to facilitate that process.

Check out available technologies here.