The Process for CoStart:

The proposals for a startup company will be submitted by the faculty entrepreneur to the OIPM and will be reviewed for viability by the Technology Business Assessment Group(TBAG). During this process the faculty member must also seek departmental and college approval and establish a Conflict of Interest Management Plan. After receiving initial approval from the college and OIPM, the proposal will be sent to the Provost and the Vice President for Research and Technology Transfer for final approval. Following final approval, the faculty entrepreneur should form a company management team and negotiate the appropriate agreements with OIPM. The final step is to raise funds for the onset of the project.

The following flowchart depicts the entire process. Just click on any of the boxes to find related information.

Normal Technology Transfer Process Distribution of Revenue with OSU Raise Funds and Begin Operation Finalize the Business Plan Negotiation of License Agreement with OSU Decide Management Team for the Company (Recommended) Negotiate Agreements for Using OSU Faclities Decide Management Team for the Company Fulfill Requirement Establish Conflict of Interest Management Plan Department / College Review File Conflict of Interest Disclosure University Review & Approval Establish Conflict of Interest Management Plan Technical & Business Review Seek Department /College Approval Submit Start Up Proposals to OIPM Want to Use OSU Facilities? Do you want to Start a new Company? Disclose your Invention Have you Disclosed your Invention? Commercialization Of Technology Flowchart for CoStart

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