Hardware, Device, and Materials Startups
Where U-M has IP that covers core aspects of a product, a royalty arrangement is typically appropriate. To facilitate the licensing process, we offer a term sheet for U.S. based startups licensing a single invention. This term sheet has been adopted by over twenty-five U-M startups in the last five years. We believe it covers most circumstances; however, we are happy to discuss different arrangements. Contact us to discuss our standard term sheet for qualifying hardware, device, and materials startups.