UR Ventures is tasked with Protecting, Developing, and Commercializing the intellectual property that arises from research at the University of Rochester.
UR Ventures protects the University’s Intellectual Property (IP). Intellectual Property can come in a number of different forms including, patents, copyrights, and trade secrets. Our team determines patentablity and market viability of University IP. We then work hand in hand with researchers, IP attorneys, and business professionals to develop IP assets for the University of Rochester.
UR Ventures can help to identify sources of funding to develop technology past the proof-of-concept stage. In an effort to bring University of Rochester’s world-class research to life, UR Ventures has created the Technology Development Fund (TDF) and the Drug Development Pilot Award. These programs exist to support UR researchers as they develop and de-risk their innovations for the marketplace.
Each commercially viable technology is assigned a licensing manager with experience in the field. The licensing manager and researchers work together to identify industry partners for further development or licensing of the IP.
If technology is better suited for a new company, UR Ventures will work to identify entrepreneurs, secure start-up funding, and get industry feedback.