Taking Ideas to Market
NDSU Technology Transfer Office
The Technology Transfer Office or TTO is part of the Office of Research and Creative Activity at NDSU and works with researchers, faculty, staff and students in the areas of invention reporting and government compliance. Inventions developed at NDSU by its faculty, researchers and students are evaluated for patentability and commercial potential by TTO. If a decision is made to pursue plant variety protection, copyright, trademark or patent protection for an invention, the invention is assigned to the NDSU Research Foundation.
NDSU Research Foundation
NDSU Research Foundation is an independent, not-for-profit organization established to support North Dakota State University in achieving its instructional, research, public service, and academic goals. The NDSU Research Foundation works with patent and other attorneys as necessary to secure protection for those inventions. In addition to securing intellectual property rights, the NDSU Research Foundation is responsible for the commercialization of these technologies through its marketing and licensing efforts.
Policies Impacting Taking Ideas to Market
There are several NDSU and North Dakota University System policies that impact intellectual property at NDSU including:
Taking early stage ideas to market can be time consuming and expensive proposition. North Dakota and the federal government have many resources available that may help achieve the goal of commercialization.
Research ND/Venture Grant Phase II
The Research ND and Venture Grant programs are meant to have a long term positive economic impact on the State of North Dakota and the private sector through economic diversification, improved production and development of new products and markets. Research ND promotes public/private partnerships by matching up to a $300,000 investment by a private sector company that is collaborating with a North Dakota research university to fund a qualifying project. More information about Research ND and the Venture Grant programs is available on the Engaging in Research webpage or through Research ND at the North Dakota Department of Commerce.
Innovate ND provides access to beneficial venture tools, online entrepreneurial education, and extensive resources. A $250 entry fee gains access to $2,500 of resources through a certified North Dakota entrepreneurial center for business plan creation, prototype development, business coaching, consulting and marketing assistance. Specifics about the Innovate ND program are available through the North Dakota Department of Commerce as well as through the NDSU Research and Technology Park.
Administered by the Small Business Administration in partnership with 11 other Federal Agencies, the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs were developed to meet Federal research and development needs; increase private-sector commercialization of innovations derived from Federal research and development funding; stimulate technological innovation; and foster and encourage participation in innovation and entrepreneurship by socially and economically disadvantaged persons. The SBIR program is a set-aside program for small business to engage in Federal research and development with potential for commercialization. The STTR program is a sister set-aside program to facilitate cooperative research and development (with commercialization potential) between small business concerns and U.S. research institutions.
Information about the SBIR and STTR programs can be found through Small Business Administration at www.SBIR.gov.