Commercialization Services - Overview
Commercialization Services helps move innovations out of Georgia Tech laboratories and into the marketplace. Commercialization Services specialists evaluate the marketplace potential of research discoveries, recommend a pathway to commercialization, and – when appropriate – help form startup companies to commercialize Georgia Tech innovations.
At the core of Commercialization Services assistance is the Georgia Tech Innovation Process, which begins with filing an invention disclosure through the Office of Technology Licensing (OTL). Next, commercialization specialists conduct a market-based assessment of the disclosure’s potential commercial value. For innovations with marketplace potential, the commercialization process may take one of three paths:
- Formation of a high-growth startup company.
- Licensing to an established company.
- Creation of an entity for faculty consulting.
Specialists within Commercialization Services supports faculty members, research staff members and graduate students throughout the commercialization process. They provide assistance and advice, and make connections to investors, experienced entrepreneurs, corporate R&D officials and other specialists.
Commercialization Services also assists Georgia companies that are interested in utilizing the federal Small Business Innovation Research (SBIR) Program to obtain funding for research and development activities. Program specialists help companies determine if the SBIR program is right for them, and help them learn how to prepare a winning proposal.
Commercialization Services is part of the Georgia Tech Enterprise Innovation Institute. Contact us if you are:
- A Georgia Tech faculty member, research staff member or graduate student with an innovation you feel may have commercial value,
- An investor interested in opportunities with startup firms based on Georgia Tech innovations,
- A Georgia company interested in learning more about opportunities with the federal SBIR program, or
- An experienced entrepreneur seeking to become involved with a new startup company.