Tulane Quick Guide & Inventor Checklist

TULANE QUICK GUIDE & INVENTOR CHECKLIST


Disclose your technology to OIPM and make the first Intellectual property (IP) filings.

Validate technology and market through the I-Corps/Lean Startup program.

Attend our Intellectual property (IP) Webinars.

Find a startup mentor at Tulane Innovation Institute and consider the Startup Team Mentor program.

Contact the Tulane Innovation Institute team to discuss your desire to launch a startup or license technology from Tulane. 

Complete a conflict of interest disclosure per Tulane guidelines (counsel.tulane.edu/conflict-interest-policies).

Identify your team to manage the startup.

Form a board of advisors with business expertise.

Negotiate ownership and document it in a capitalization table.

Develop a technology development timeline/plan. 

Incorporate the company using Tulane Innovation Institute resources.

Secure funding from founding investors to cover initial company expenses.

Consider/ Apply for non-dilutive funding sources: SBIR/STTR, Provost’s Proof of Concept Fund, Accelerator(s).


STARTUP CHECKLIST

Create a pitch deck and business plan.

Consult with legal counsel or engage a representative outside of the university who can negotiate and complete a license agreement with Tulane concerning the technology of interest. 

REMINDER: Tulane faculty and staff may not represent a spinout (or any other company) in the negotiation of a license from OIPM. 

Identify accounting support.

Develop branding (name, URL, logo).

Obtain insurance for the company.

Secure early-stage funding (non-dilutive or investment).

Visit innovation.tulane.edu to get started.