Commercialization Plan

The Commercialization Plan is the primary document used for commercialization candidate review and ranking.  This plan should include the information listed below.  All information will be kept confidential if so marked.

1.        The nature of the company’s business, identifying products and services that have been successfully commercialized in the past 5 years or are proposed for commercialization.

2.        A copy of the company’s financial report and/or the latest Annual Report.

3.        A statement indicating if the company qualifies as a small business firm.

4.        An overview of how the company plans to use the licensed technology, including any products that will be developed and their potential customer base.

5.        A 3-to-5 year pro forma income statement with supporting data.

6.        A chart showing project milestones with accompanying timelines and demonstration/validation milestones. 

7.        A statement of the estimated manpower, finance, and other company resources believed required.

8.        A statement of the field(s) of use in which your company intends to apply the technology.

9.        Define anticipated assistance required from the patent holder.

10.      A product demonstration statement or plan to be used to determine the level of success achieved at the end of the commercialization activity.

11.      Funding desired from the Pre-Commercialization Fund.

12.     Proposed royalty rates including up-front fees and yearly minimums.

13.     Completion of the NTCI project proposal cover sheet.

14.     Completion of the licensing form as applicable.