TEAM Loan Submission Procedure

Required Sections

The following sections are required for the TEAM loan application and should be submitted by the Office of Technology Transfer/Licensing (or equivalent):

These three components should be submitted via e-mail to the BATON program director.

Content Suggestions

Proposal formats should be tailored as indicated above for continuity and consideration. Keep the proposal to five (5) pages or less, excluding the cover sheet.

Cover Sheet: This will be filled out online as part of the formal submission procedure.

University Application: This will be filled out online as part of the formal submission procedure.

Technology Background: Provide a brief description of the core technology of the intended company in a manner easily understood by a broad audience.

Intellectual Property Incurred, to date, by the University: State precisely those charges incurred by the university as a result of IP related activities and include copies of any patents filed or issued.

Inventors Desired Role: Indicate the role the inventor wishes to maintain or participate in the new company, i.e. Science Advisory Board, Chief Science Officer, etc.

Draft License Option Agreement: The University agrees to issue an option agreement for the rights to the technology to the anticipated company which will be executed for the company.