Forms & Documents

 Technology Validation and Start-up Fund (TVSF)

The goal of the Ohio Third Frontier Technology Validation and Start-up Fund (TVSF) is to create greater economic growth in Ohio based on start-up companies that commercialize technologies developed by Ohio institutions of higher education and other Ohio not-for-profit research institutions. The Technology Validation and Start-Up Fund has been designed to support protected technologies developed at Ohio research institutions that need known validation/proof that will directly impact and enhance both their commercial viability and ability to support a start-up company.  The University of Dayton and Miami University have won a joint award from the State of Ohio under this program, and each institution is actively accepting applications on a rolling basis through  July of 2019 for funding under this program.

TVSF Applications Proposal Requirements

The University of Dayton and Miami University will be accepting applications from researchers of either institution for funding under Ohio’s Technology Validation and Startup Fund (TVSF).  Both universities have been granted an award whereby the universities may award researchers or research teams matching funds to advance technology closer to licensing to an Ohio company.

Funding requirements
  • Matching Funds up to the amount of $100,000 can be awarded.
  • Eligible matching funds are cash from originating university, or cash from a corporate partner.
  • Funds are to be used to advance a technology closer to licensing to an Ohio company.
Application Requirements
  • Six page maximum application that details the technology, why funding is being sought, and how the funding will bring the technology closer to licensing to an Ohio company.
  • Statement on the technology’s intellectual property position, and how that position affects the commercialization plan.
  • Budget of expenses
  • Commercialization Plan
  • Proposed project management team
  • Statement from an industrial partner on how funding will advance the project
Evaluation Criteria
  • Strength of proposed commercialization plan – The committee will evaluate the commercialization plan and judge whether there exists a high likelihood that the proposed commercialization plan will succeed. Particular attention will be paid to the project’s ability to produce a scalable business, and whether that business fills a market need at a competitive price. Also, the committee will analyze whether the proposed project team has the appropriate business expertise, and if that expertise is coachable and likely to produce successful results. The commercialization plan shall detail expected time to market, market size, and an analysis of competitors. Those applications which conclusively demonstrate larger markets, shorter time to market, and a competitive environment where the proposed product or service competes well will be given high marks.
  • Applicant’s ability to demonstrate how funding will advance project – Next the committee will determine if it is likely the proposed use of the funding will lead to the results that applicants expect. Applicants must demonstrate that the proposed use of funds will advance the technology in such a way that it will stimulate outside investment and a commercial license. Strong preference will be given to applicants that use outside sources to validate their project.  It is expected that 75% will be spent on outside sources.  The committee will ensure each applicant has sufficiently demonstrated that the proposed project will enable a commercial partner to make a decision on whether to obtain a license. In order to present to the committee, applicants must first submit a statement from an industrial partner that supports the proposed proof point of their project.
  • Applicant demonstrates proficiency and or experience to achieve the stated objectives, by having a competent management team, or alternatively is demonstrably open to the coaching that the committee deems necessary to move the technology project to a successful commercial destination.
  • Adherence to Proposal Requirements.

Proposal Template

Score Sheet

 

Non-Disclosure Agreement (NDA)

Sometimes also called Confidentiality Agreements, NDA's are documents that allow multiple parties to exchange information in confidence. Researchers and inventors should request NDA's prior to meeting with any outside party or company where privileged or proprietary information may be discussed.  If you are not sure if there is a valid NDA already in place that covers the scope of your project or discussion on file please contact our office and we can verify what is on file.

Non-Disclosure Agreement (Word document)

Invention Disclosures 

The Invention Disclosure is the form needed to notify our office of any invention, via both sponsored and unsponsored research, that has been conceived of while working at the University of Dayton or UDRI.  This document begins the process of evaluation whereby the TPO elects to pursue protection of intellectual property.  Copyright, trademark, patent, and trade secret are all various means to accomplish this protection and may be utilized by the office with the ultimate goal of licensing to industry.

Technology Disclosure Form (Word form)

Software Disclosure Form (Word form)