If an application is selected, does USTAR take any equity position or receive licensing revenue in any future commercialization?
No, however if the grant leads to the establishment of a commercially successful business, the Grantee will be expected to repay the original grant amount in full to a foundation at the granting public institution of higher learning. This is in keeping with the philosophy of the USTAR Governing Authority that the grant program generate returns that can be reinvested in further commercialization efforts across the state.
No, however if the grant leads to successful commercialization, the commercializing entity will be expected to repay the original grant amount in full to the sub-recipient public institution of higher learning. This is in keeping with the philosophy of the USTAR Governing Authority that the grant program should generate returns that can be reinvested in further commercialization efforts across the state.
Related Questions
- If an application is selected, does USTAR take any equity position or receive licensing revenue in any future commercialization?
- If I’m not selected for a residency position, can my commissioned corps application be used for another position in the IHS?
- My application was not selected for funding by ICGEB – can I re-apply under future calls?
