Friday, November 17, 11:35 - 11:45 AM
Speaker(s): Michael J. Paulus, PhD
The license agreement is only the first step in commercializing a technology developed with federal funds. These technologies are often in their early stages, and a licensee will often need to perform additional research and development in addition to building out manufacturing, sales and distribution channels.
An array of resources can be available for licensees, particularly small businesses, to help accelerate the development and commercialization of federally funded technologies. These resources include Small Business Innovation Research (SBIR) or Small Business Technology Transfer (STTR) awards, access to the National Laboratories, business and technical mentoring networks, business plan competitions and small business incubators. This section will explore these resources and the challenges and opportunities associated with commercializing federally funded technologies.