Our licensing process
The process to follow once you have identified the technology that you are interested in licensing from the University.
Once you have identified the University's technology that you are interested in licensing to form the basis of your company’s next product or service, please get in touch with the contact listed in the technology description. Your contact from the University’s Technology Licensing Services team, will provide you with any further information you need about the technology.
In order to ensure that it is generating maximum impact and return from its IP, the University must consider all commercialisation options for its IP, and choose the options that it believes will result in maximum impact. For this reason, the University will typically require a prospective licensee to submit a development plan that outlines the licensee’s plans for further developing the technology and delivering the resulting product or service to market. This generally includes plans for regulatory approvals, sales and marketing, support, and training, with clear development and commercialisation milestones. It might also include contracting some technology development work back to the IP creator’s laboratory at the University, or continued technical support from the IP creator’s University lab. A confidential disclosure agreement might be required, to enable the University to share unpublished details of the technology, and to enable the prospective licensee to share its development plan.
Based on the development plan provided and subsequent discussions, a term sheet might then be negotiated. This will form the basis of a license agreement, normally drafted by the University. Please refer to the guide on the General Licensing Agreement Terms for University Technologies for more information. Before the University executes a licence agreement, formal approval by senior University management is required.
If your company would like to evaluate a University technology, to decide whether to negotiate a license to the technology, an evaluation license might be appropriate. This typically allows the prospective licensee to use the university IP within a specific field for internal, non-commercial research for a certain period of time. It might also include an option agreement.
For further information, please get in touch with the contact listed in the technology description.