Page 5 - 2020 Startup Guide

Introduction
Florida Atlantic University (FAU) is a place where research and development of innovative ideas is strongly encouraged. Faculty, staff, and students have access to a wide variety of opportunities and resources to foster unique collaborations and explore entrepreneurial endeavors. This network of support is intended to set you up for success no matter where your ideas take you.
The Office of Technology Development (OTD) manages intellectual property created by faculty, staff, and students at FAU. The mission of the office is to obtain legal protection for intellectual property arising from FAU innovations (e.g. patents, copyrights, trademarks), and to commercialize those innovations through license agreements with existing companies or start-ups.
Whether OTD grants an intellectual property license to an existing company or a start-up, the goal remains the same—to maximize the chances of successfully commercializing the innovation while prioritizing FAU’s missions of research and education. This goal is the shared responsibility of the university and the company, especially
if the company desires to maintain a productive relationship with FAU.
This guide is designed for faculty, staff, and students interested
in launching a start-up company based on intellectual property
that is owned by FAU. It provides a broad overview of topics relevant to start-ups and offers information on various resources available
to FAU entrepreneurs.
FAU’s policies and procedures related to start-ups may be revised from time to time. Individuals are expected to take responsibility for knowing and following FAU’s policies on intellectual property, conflicts of interest and related matters. The FAU website is the best source
for current information on these matters. Additional information may be obtained by contacting OTD at techdevelop@fau.edu.
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