Summer 2024 Pre-Proposal Application

A related invention disclosure filed with UR Ventures is required before or concurrent with your application. Have you already filed an Invention Disclosure with UR Ventures related to the subject technology?

In order to ensure that the Fund is evergreen, projects will be required to share revenue on Intellectual Property created with the grant. Twenty-five percent (25%) of all revenues, net of patent and legal fees, received by the University from the licensing of the technology will be paid into the Fund until three times the amount of the grant has been repaid. This payment will be considered an out-of-pocket cost of the Intellectual Property and will be applied against the incoming revenues in the same manner as are patent and legal fees under current University Policy. Seventy-five percent (75%) of all revenue, net patent and legal fees will be distributed according to the present University Policy. When this obligation is fulfilled, revenue distribution will revert back to one hundred percent (100%) of all revenue. All project personnel will be required to agree to this royalty sharing provision for funding to be released. Answer “YES” if you have read and agree to follow this policy.