The Office of Technology Transfer (OTT) at Colorado School of Mines works to serve the citizens of Colorado and the United States by commercializing the inventions resulting from research in accordance with four main principles:
- Enhance the Academic Mission – If structured and communicated properly, technology commercialization can be effective as well as adding to the academic standing of the university.
- Provide a service to the inventors and internal and external partners – The OTT needs to communicate to the inventors about the steps in commercialization, convey what is needed from them to move their inventions to market and be flexible in addressing inventors’ and other stakeholders needs.
- Find the right partners – The OTT must make connections with key industry leaders, venture capitalists, entrepreneurs and others in the technology-based economic development community who are potential partners in moving the university’s inventions to market.
- Ensure fair return – As a steward of the taxpayers’ and university’s investment, the OTT must get fair market value for the inventions of the university, whatever the funding source.
If you have questions or are interested in technologies that the Colorado School of Mines has to offer, contact us.