Business model

Sponsored research collaborations

Companies typically support research programs (or projects) of specific interest to them through a research agreement. The process starts with a discussion between one or more KOL-researcher(s) and the company’s representative(s) to arrive at a mutually-agreeable scope of work and budget for the contemplated project. Once the project design and cost are agreed upon, the Industry Alliance Office can work with the company to put an agreement in place. If intellectual property is developed in the performance of the project, the company will have an opportunity to secure a license to that intellectual property. Indirect cost may apply to sponsored projects.