Frequently Asked Questions
How is intellectual property managed?
12/12/2022
If university technologies are desired by a small business, the SIU Office of Technology Management and Industry Relations (OTMIR) can assist with the required intellectual property asset interests the government demands for the business to submit a competitive SBIR/STTR application. Frequently, for Phase I applications, option agreements or licenses are not required for a successful proposal, but a bona fide intent to enter into such an agreement with the University is required. For Phase 2, a license agreement will be required. The OTMIR can assist with both requirements and assist with information on additional resources that the University might be able to provide. Please contact the OTMIR for more information.
If no university technology is involved, the contractual agreement with the University will dictate the intellectual property terms.
If NIH funding will be involved, see their FAQ regarding SBIR/STTR projects and data sharing.
