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.
  3. Help start new companies that can contribute to economic development.
  4. Increase funding for translational research programs.

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 on company formation, 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 & 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

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