The Center for Technology Licensing (CTL) is Cornell University's technology transfer office. We manage technology for Cornell's Ithaca campus, Weill Cornell Medicine, Cornell Tech, and Cornell AgriTech in Geneva.

FastTrack for Software and Copyright Materials from Ithaca, Geneva, and Cornell Tech Campuses

 

Applicable Technology fields:

INCLUDED:
Software & copyright materials
(software code, non-clinical databases, or compilations of data, not patentable)

 

* Examples for machine learning / AI technologies: parameters, weights, configuration, training data & related know how, benchmarks

 

NOT applicable:
If there are patents and patent applications for algorithms, the FastTrack license for Engineering/Physical Sciences can be used if desired or a custom license can be negotiated.

 

Key financial terms for the Exclusive License

 

Equity 4% non-dilutable through subsequent equity financing aggregating $2 M
Upfront payment $0
Royalty No royalty
Sublicensing No sublicensing fees
Milestone payment $0
Annual fee 1 years: $0 Can convert to non-exclusive any time, no annual fees thereafter
2-3 years: $15K/year
Annual after: $40K/year
License remains exclusive

 

 

Agreements

 

Reports