This guide is intended for Yale faculty, staff, and students interested in launching a startup company based on intellectual property that is owned by the University. It is a broad overview of the startup process and provides background on resources available for Yale entrepreneurs.
The Yale Office of Cooperative Research and the Yale Entrepreneurial Institute are continuing to expand programs and support for Yale entrepreneurs aiming to start companies based upon intellectual property coming from Yale research. As part of this effort, Yale is pleased to offer a pre-negotiated Startup License. This license is intended to greatly speed up and streamline the licensing process.
A clickable infographic that shows various paths to commercialization and available resources at Yale.
SBIR & STTR Grants
The federal Small Business Innovation Research and Small Business Technology Transfer Program award over $2 billion each year to small U.S. companies developing game-changing innovations. Eleven federal agencies invest about 2.7% of their research and development budgets into this grant program to fuel technologies that can significantly impact lives. Small businesses can win multiple awards each year, and can continue to win them year after year. Phase I awards are about $150K each. Phase II awards are about $1M each. Connecticut Innovations provides matching grants to Connecticut Phase I winners to improve their chances of winning a Phase II. They also provide loans to Phase II winners to improve their chances of commercialization success. The Office of Cooperative Research offers regular office hours and seminars on navigating the SBIR process for Yale researchers featuring noted SBIR experts. Contact YEI Deputy Director Erika Smith, firstname.lastname@example.org for more information.
I-Corps: National Science Foundation Commercialization Program
The National Science Foundation has started an entrepreneurial grant program called Innovation Corps (I-Corps) that prepares teams of researchers for transitioning their emerging technology concepts into valuable products and processes that benefit society. This is done through a $50,000, 6 month I-Corps Team grant that begins with a 7-week bootcamp where teams learn the Lean LaunchPad methodology of hypothesis-driven customer discovery to help determine the commercial readiness of the technology. If you would like to know more about applying for the $50,000 I-Corps Team grant please email email@example.com for more information or with any questions you may have.