Office of Innovation and Economic Development works to ensure that UMaine inventions are properly protected and brought to their full development. When an invention has commercial potential, Office of Innovation and Economic Development will attempt to license the technology to a start-up or existing business. Licensing fees and royalties help to further UMaine’s research and development efforts.
To promote our state’s economic development, Office of Innovation and Economic Development often will reduce its licensing fees and royalties when companies commercialize UMaine inventions in Maine.
UMaine has several technologies available to license.
If your company has an interest in one of our technologies, contact our Technology Transfer Manager Kris Burton to discuss licensing and transfer opportunities.