The OTT is committed to promoting an environment supportive of entrepreneurial activity whenever it makes sound business sense and best serves the public-benefit that will be received by commercialization of the technology.

The University has four main requirements for Faculty Start-up Companies:

• The technology upon which the start-up is based is a viable platform technology.
• The faculty member has disclosed to the OTT to begin the process of obtaining an appropriate license.
• The Start-up has a viable business plan (which it will be required to provide before the license is signed by the ULRF).
• The Start-up has in place (or is agressively seeking) a competent, experienced businessperson to be CEO/President/Manager.