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How is technology sublicensed from an Alfred E. Mann Institute?

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How is technology sublicensed from an Alfred E. Mann Institute?

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Upon satisfactory completion of a product or proto-product, an AMI may elect to partner with an existing company or an adequately financed and managed early stage company, or it may elect to collaborate in the creation of a start-up venture to pursue commercialization. If partnering is the preferred option, the terms and conditions must be deemed acceptable by the Institute and co-governing bodies. Licensing terms may include equity in the venture, in addition to licensing fees, milestone fees and/or royalties. The university, the AMI, the AEMFBE, and the inventor(s) will participate in these proceeds from commercial licensing.

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