Researchers and students begin by submitting Report of Invention (ROI) form or Report of Copyright form, to TEC Edmonton. A member of the TEC Transfer team will consult with you to determine if the you want to assign technology ownership to TEC Edmonton or develop the technology independently.

When a Researcher or student assigns ownership of an invention to TEC Edmonton, our TEC Transfer team follows these steps.

1. Ownership due diligence.

2. Technology assessment and recommendation: evaluate the technology and conduct market research to determine commercial potential or industry interest.

3. Intellectual property (IP) protection: file a patent application (or trademark protection or copyright registration), and manage the patent prosecution process. This may include covering initial statutory protection expenses and/or seek other support to take on the financial risk.

4. Depending on the commercialization avenue:

        A. Licensing the Technology

• Marketing of the technology: identify potential industrial and/or financial partners, and market technology to suitable companies.
• Negotiate and administer agreements: when a target receptor company indicates interest in licensing a technology, negotiate terms of the legal agreements relating to the rights to use the invention and the returns for use.
• Our team helps manage revenue collection and distribution.

        B. Company Formation

• Create a new company based on the technology.