Faculty Nominee



Ohio Faculty Council Faculty Commercialization Award2017 Nomination FormA. OVERVIEW 1) Provide a clear and concise layman’s description of the licensed technology2) Describe benefits to society; identify the problem(s) being solved, noting potential applications, fields of use3) Faculty engagement pre-licensing; role of the faculty member, steps taken in advancing the technology to licensing (include key steps, hurdles, solutions)4) Faculty engagement post-licensing; role of the faculty member, steps taken in advancing the technology to licensing (include key steps, hurdles, solutions)5) Describe how the faculty member’s work contributes to advancing a culture of innovation and entrepreneurship within the State and expands future research opportunities for Ohio universities. B. PROGRESS TO DATE1) Summary of path to marketa. Brief Overviewb. Start-up or existing company?c. Initial productd. Initial markete. Defined benchmarks2) Has the technology been supported by outside investment during its development?a. Contract research supportYes?No?b. SBIR (Phase I) awardsYes?No?c. SBIR (Phase II) awardsYes?No?d. Equity investmentYes?No?e. LoansYes?No?f. Additional comments3) Licensing agreementa. Licensing agreement revenue to nominating institution to dateb. Were patent and/or copyright costs recovered as part of the fees to the institution? (If yes, what amount from 3a are those costs?)c. Does the licensing agreement allow for exclusive use or could there be additional licensees?d. Anticipated licensing fees to be paid over the life of the agreement4) Initial product (post licensing agreement)a. Is a product or service available? Yes?No?b. If yes, how many sales have been made to date and to how many customers?c. Additional comments5) Future business activitiesa. Productsb. Marketsc. Timetable / Benchmarksd. What is the role of the lead researcher in supporting the commercialization effort post-licensing?6) Impact on Ohio’s economya. Is the current product or service produced within Ohio?b. How many jobs (especially high-paying jobs) have been and will be created?c. Are there or will there be synergistic collaborations with other colleges or universities (public or private) or companies in Ohio, nationally, or internationally?d. Additional commentsC. CLOSING / Additional commentsAttachmentsProduct-specific documents and marketing plans are not required but will be accepted.List attachments here: E-Mail completed forms to the Chair of the Ohio Faculty Council: Dan.Krane@wright.edu ................
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