Introduction to NUS Enterprise

© National University of Singapore

Experiential Entrepreneurial Education

Active Industry Partnership

Entrepreneurship Support

Asia’s Thought Leader for Innovation & Enterprise

NUS Enterprise – What We Do

Industry Engagement

& Partnership

Industry Liaison Office (ILO)going beyond the usual tech transfer office

IP Management –Commercialize IP

Industry Relations – Promote Collaboration

Industry Liaison Office Transform Innovation into Products and Services

• Strategic engagement with industry

• Close interaction with faculties and research centers

• Lead in negotiations for external collaborations

ProtectCommercialize

Evaluate

Managing IP Beyond NUS

Mechanobiology Institute, Singapore

Research Center of Excellence:

CREATE:

Hebrew University of Jerusalem’s Research Centre on Inflammatory Diseases

Typical terms in a technology licence

• Exclusive or non-exclusive• Field of use and territory• Term of license• Sublicensing rights• Financial provisions• Warranty and indemnity• Rights to publish• Performance milestones

Some Typical Terms

• Upfront is the out of pocket NUS has paid for IP protection.

Royalty rates to be negotiated (typically 1 to 5% net sales); Sublicensing at 20% to 80%. Minimum royalty payments to be considered

• Standard NUS confidentiality, indemnity and warranty terms

• Performance clauses based on business plans of the company

• Termination for cause only.

Option to Evaluate

• 30- 90 day option to assess commercial value and performance of NUS IP

• No option fee if no patent filed and non-exclusive evaluation

• Restriction of use to evaluation and marketing activity only

• Standard Confidentiality terms

• License agreement put in place if company exercises option after evaluation

Entrepreneurship Support

NUS Entrepreneurship Centre (NEC)

NUS Enterprise Incubation Support for IDM – iJAM Reload Incubator

NUS Enterprise Incubation Support for IDM – iJAM Reload Incubator

• Calling for start-ups and entrepreneurs who are

interested in developing innovative IDM products and services

NUS linked – NUS students/alumni/staff or licensing NUS technologies

• Apply for iJAM funding through NUS Enterprise Incubator for up to $250,000 in seed funding

Training Workshops

Office Space & Shared

Services

Mentorship & Networks

NEI Incubation Services

Support Provided by NUS Enterprise Incubator

Thank you