Rutgers Sponsored Research and Technology Transfer

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Rutgers Sponsored Research andTechnology Transfer

• Michael Breton, Ph.D
• Associate Vice President for Research

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Science Transformed byWorld War II

• 1944 Vannevar Bush asked by Roosevelt how the
  federal government should proceed in funding
  research after the successes of World War II
• 1945 Bush produced Science The Endless
  Frontier
• 1950 The National Science Foundation was founded
  on the basis of this report
• First year NSF budget 3.5 million
• 1950 - present The federal role in funding basic
  research, primarily through universities, has
  been growing and evolving ever since.

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Federal Funding is at the Base of Technological
InnovationRutgers Increase in Federal Funding
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Federal 58.0 (171.3)
Associations Foundations 20.3 (59.9)
State of New Jersey 14.9 (44.0)
Corporations 6.9 (20.3)
Total External Funding 295,498,035
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Office of Research and Sponsored Programs (ORSP)

• Advises and assists members of the Rutgers
  Community who are engaged in scholarly and
  creative activities
• Provides information, services and support so
  that members of the Rutgers Community can compete
  successfully for outside funding
• Ensures accountability, compliance and
  stewardship for sponsored programs in accordance
  with applicable Federal, State, and University
  policies, procedures and regulations.

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Compliance GroupHuman Subjects in
ResearchHumane Care and Use of Animals
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Pre Award Unit
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Training and Information Provided by ORSP

• Grantnet
• Business Managers Meetings and topics posted to
  website
• E-submissions (NSF Fastlane, Grants.gov and
  others )
• Grant and Proposal Writing Workshops
• Proposal and Budgeting Basics
• Check our website and stay informed of these
  opportunities

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COEUS Grants Administration System

• Provides an electronic grants preparation and
  processing environment
• Two major components
• Comprehensive proposal and awards database
• Electronic grant preparation and transmission
• Not an accounting system (need DGCA for that)
• Eventually will interface with grants.gov and any
  other federal electronic grants submission system

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Resources

• ORSP Website (http//orsp.rutgers.edu)
• Basic proposal information / data
• Agency forms
• Policies
• Budget Template (Excel spreadsheet)
• Staff Contact Information
• Grant/Contract Specialists
• Deadline reminder
• ORSP requires one week notice prior to your
  submission deadline to ensure accuracy and
  completeness of your proposal

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Rutgers Technology Transfer

• Office organized in 1988
• Goals and priorities
• Supports the primary university missions of
  education and research
• Service to the Faculty
• Financial Return to the University
• Bridge between two cultures
• World of Business and Commerce
• Discovery based university research

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Licensing Income

• Net Licensing Income
• In FY 1991 218 million
• In FY 2003 1.31 billion
• Licenses/options yielding income
• In FY 1991 2,602
• In FY 2003 10,682
• Licenses yielding 1 million or more in FY 2003
• 151 at 59 institutions or 0.6 of all active
  licenses
• 3 institutions had 10 licenses yielding 1
  million or more

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Rutgers Technology Transfer

• Has had 6 technologies exceed 1 million in
  revenue to the university
• Has about 5 million per year in revenue
• Has about 35 patents issue per year
• Established the
• Rutgers Venture Advisory Council
• Has engaged recently in intensive company startup
  activity

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Cumulative Revenues (royalty and equity)1996-2005
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How Rutgers RankedFY 2003 AUTM Statistics
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University Technology Transfer in New Jersey FY
2003
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New Company Startups

• Rutgers has licensed to more than 40 startup or
  early stage companies since 1989
• Two kinds
• Organized by others and Rutgers agrees to license
  either during the startup process or later
  equity share usually small, lt10
• Organized by Rutgers
• Recruit management team
• Participate in setting initial business model
• Underwrite certain initial startup costs
• Take substantial equity share, gt10

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Technology Commercialization Fund

• Rutgers is raising 1-2 million in donations to
  establish a fund to support
• Early proof of concept research or development
• Very early startup costs
• Extraordinary patent costs
• Cannot be angel or venture money which is tied to
  financial return
• Must fall under local administrative review and
  control in order to provide quick response to
  priority projects
• 325,000 awarded to fund from the NJCST will
  support both Rutgers and non-Rutgers projects
• 105,000 awarded from the Merck Foundation