Explore Business & Industry
Licensing & Purchasing
The Office on Innovation and Economic Development (OIED) at UMaine serves as the primary link between the university and commercial interests.
UMaine’s rapidly growing research base has fueled over 150 patents and patent applications from the work of faculty, staff, and students. OIED works to commercialize these results through collaborative research and licensing of intellectual property to companies.
Current licenses, license options and license negotiations include technologies in the areas of cellulose nanomaterials and production, energy storage, carbon nanomaterials, biomaterials, biomedical diagnostics and implants, composites and composite structures, chemical products, sensors, molecular imaging and software.
License terms vary by technology, but generally include license issue fees, running royalties, minimum royalties and performance milestones. A discounted royalty rate is often granted for products produced in Maine.