Miami University wishes to provide clarity to any external investors or entrepreneurs who would like to engage with or invest in Miami intellectual property. Initial engagement is usually through a Miami inventor, or through contact with the the Office of the Vice President for Research and Innovation about a particular technology. The Office of the VPIR will be your guide in making connections with Miami researchers, navigating Miami requirements, and ultimately entering into any license agreements for Miami technology.

To that end, if you have questions about a particular technology, or would like to see technologies of a certain technical area, please contact the Vice President for Research and Innovation.

What an external entrepreneur can expect

Miami is committed to facilitating startups and small business around Miami technology.

Standard terms are:

• 2% Royalty
• 6% Equity
• Responsibility for future patent costs
• Insurance requirement
• Mutually agreed upon metrics for commercialization
• Indemnification
• Compliance with applicable laws

That's it! We are flexible on the other issues. You will find dealing with Miami to be professional, fast, honest, and reliable. We want to create startup companies based on Miami technology, and we are here to guide you through that process. Your success is our success!