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Application Process for University Spin-offs

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Application Process for University Spin-offs

1

Early-stage Consultation

The research  team or the professor (referred to below as "the applicant") needs to fill the “Spin-off Application Form” and “Spin-off Business Operation Plan” and send to the contact below. We will arrange a meeting within five working days in order assess the needs of the team and assist the team in preparing the documents below. At the same time, we will assist the startup teams in contacting technology valuation firms and collaborate in preparing the necessary documents for the next stage of technology valuation.
  1. Spin-off Application Form ⭳ odt 
  2. Spin-off Business Operation Plan ⭳ odt 
  3. NYCU Management Regulations for Spin-off ⭳ pdf
  4. NYCU Spin-off Review Process ⭳ jpg
  5. Shareholding Planning ⭳ odt 

2

Technology Valuation

The applicant  sends the first stage information to the office for valuation and pays all relevant fees. In the future, if technology is converted into stocks, the basis day for the valuation report shall be held within three months after the establishment date of the company.

3

Review by R&D Results Value-added Evaluation Committee

The applicant signs the “Statement on Interest Avoidance and Information Disclosure” and submits the “Technology Valuation Report” to the R&D Results Value-added Evaluation Committee for screening. In principle, an evaluation meeting is convened monthly. The Intellectual Property Management and Promotion Center will email the applicant the evaluation result within five working days after the evaluation meeting. *If the applicant intends to transfer the technology valuation target in the future, the “Spin-off Application Form” must specify the technology or patent transfer price (excluding tax) for review by the committee.
  1. Statement on Interest Avoidance and Information Disclosure ⭳ odt 
  2. Technology Valuation Report

4

Review by Designated Committee of Spin-off

According to Article 3 and Article 6 of the “Regulations Governing Part-time Work and Investment Contribution of Technical Know-how of Researchers” of National Science and Technology Council, the Project Committee will give permission for researchers to perform jobs by utilizing research results and starting startups after the approval of NYCU as well as collect contribution funds at a certain percentage and ceiling for part-time work and investment contribution of technical know-how performed and made by researchers at NYCU. Hence, at this meeting, discussions on the approval of starting a startup via technology or patents as well as the suitability for the percentage of contribution funds will be conducted. The team that submits the proposal need to prepare documents below and presentation at the meeting of Project Committee. In principle, the meeting is convened quarterly. The Innovation and Entrepreneurship Center will email review result to the applicant within three work days after the meeting.
  1. Spin-off Application Form ⭳odt 
  2. Spin-off Business Operation Plan ⭳odt 
  3. PPT

5

Signing the Contribution Request Letter or Application Withdraw

According to the consensus reached between the applicant  and the university in the previous stage, the proposal applicant must sign on the project committee resolution. The signed meeting resolution will be considered the team’s commitment to the feedback. If the team’s plan changes after the meeting, a withdrawal form must be submitted to request the Proposal Withdrawal Sheet. After approving the Spin-off application, the applicant must establish the spin-off business within six months and sign the relevant technology licensing or transfer agreements with the university. If the establishment and licensing procedures are not completed within the deadline, the applicant must resubmit the proposal and follow this guideline and other university regulations for proceeding. If there are any changes to the terms of the technology licensing or transfer agreement between the spin-off business and the university, or the contents of the conflict of interest avoidance and information disclosure statement and they are inconsistent with the Project Committee meeting resolution, the applicant must submit the relevant documents and resubmit the project for committee review.
  1. Proposal Withdrawal Sheet ⭳odt 

6

Part-time Application for Faculty

To comply with the “Fundamental Science and Technology Act,” the “Regulations Governing Part-time Work and Investment Contribution of Technical Know-how of Researchers,” and the “Regulations on Concurrent Positions of Full-time Faculty Members at All Levels of Public Schools,” if a National University professor takes on a part-time role in a spin-off business, such as serving as a company director, the professor must first obtain the university’s approval before starting the director’s term and proceeding with the company establishment and registration changes. According to the university’s regulations on faculty secondment and part-time positions, the professor must submit: a. A part-time application signature or a letter from the startup company. After obtaining approval from the department’s or college’s academic review committee, the application should be sent to the Human Resources Office and the Office of Research and Development for the president’s approval of the faculty’s part-time or secondment request. The reference documents are as follows:
  1. Technology Valuation Co-signing Form ⭳odt ⭳ docx
  2. Concurrent Positions of Full-time Faculty Evaluation Form ⭳odt ⭳ docx

7

Relevant Contracts Entered by the Company and the University

The Company and the NYCU, according to the relevant contribution commitment conditions, sign the technology transfer contract to officially complete the technology transfer. The Company and the NYCU, according to the approved application for a part-time teacher’s job, signed the contract for a part-time job for industry-academia collaboration personnel to complete the procedure.
  1. Technology Authorization Contract
  2. Part-time Program Agreement for Staff under the Industry-Academia Collaboration

8

Deferred Taxes Application

The Intellectual Property Management and Promotion Center assists professors in applying for deferred taxes of technology stocks.                   

Point of Contact

  • Contact person

    Cai-Ci Chen

     

    Contact items

    Execution of spin-off initiatives, Management of equity disposal of R&D, execution of innovation and entrepreneurship-related projects

     

    Tel

    (03)5712121#71109

     

    Email 

    nhc@nycu.edu.tw

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