University of Massachusetts Amherst

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Goals and Programs

Overarching Goals

  1. Bring the fruits of UMass Amherst research and creativity to the public.
  2. Amplify innovation, creativity and entrepreneurism on campus through service to faculty, student and staff inventors.
  3. Help start new companies that can contribute to the economic development and innovation ecosystems of Western Massachusetts and the Commonwealth.
  4. Increase funding for translational research programs and continue to build a synergistic university-industry research community.

Programs

Inventions, Patents and Licensing

  • Strong focus on customer service for inventors and companies
  • Targeted, personal marketing of inventions to potential licensees
  • Marketing early and keeping transaction times short to maximize deal flow
  • Flexibility on license terms so both UMass and company interests are served

Start-up Companies

  • Often the only avenue for commercializing cutting-edge technologies
  • Hands-on advice and workshops on company formation and product development
  • Referrals to potential business partners, lawyers and accountants
  • A seed fund to support new ventures is in development

Services for the Creative Arts

  • Customer service for artists, musicians, authors and architects
  • Advice and assistance in securing copyrights and trademarks
  • Business advice on publishing agreements, licenses and other agreements
  • Support for start-up companies that will market and distribute creative works

Diversity and Inclusion

  • Encouragement and support of women and minority inventors and entrepreneurs
  • Seminars and workshops about the history of women and minority inventors
  • Person-to-person outreach to encourage participation and offer support
  • Demographic analysis to quantify needs and measure progress