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SING Polsky Business Development & Licensing

About the Department

The Polsky Center brings the power of ideas in the laboratory, classroom, and community to the world. Through education, resources, and programs, the Polsky Center commercializes discoveries, partners with companies, and attracts venture capital. The Polsky Center runs a top-ranked business accelerator, the Edward L. Kaplan, \'71, New Venture Challenge; operates a 34,000 square-foot, multi-disciplinary co-working space called the Polsky Exchange; manages the George Shultz Innovation Fund that invests in early-stage ventures; and offers a state-of-the-art Fabrication Lab for prototyping new products. Finally, the Polsky Center houses the University of Chicago\'s technology transfer unit, which manages all University-based intellectual property originating from faculty research and discoveries that can be licensed to industry partners and investors.

Job Summary

As a member of the Business Development and Licensing team, the Manager establishes and fosters strong relationships with faculty members across the University who are engaging in translational research and works with industry partners and investors to bring new discoveries to the market. The Manager is responsible for a diverse portfolio and works as part of the Polsky Center\'s Science and Technology team of patent, contract, business development, and entrepreneurship specialists who protect and license inventions to existing companies and startups.

This position supports the program development related to identification, investigation, and negotiation of licensing opportunities for permission to use intellectual property rights, including trademarks, patents or technology. Solves straightforward problems related to the transfer and use of intellectual property. Provides professional support to faculty to transform ideas and discoveries into patents, licenses, products, services, and ventures.

Responsibilities

• Drafts, negotiates, executes, and manages intellectual property licenses and other agreements, such as licenses, options, inter-institutional agreements, material transfer agreements, confidentiality agreements, and negotiation of intellectual property terms in other agreements, as needed.
• Collaborates with faculty members, researchers, colleagues, and other individuals across campus along with industry partners to achieve shared transactional objectives.
• Screens inventions for commercialization potential; evaluates and decides which inventions and software to pursue.
• In partnership with the Technology Development team, provides insights into the commercial aspects of inventions during the intellectual property protection process.
• In partnership with the Technology Marketing and Innovation Growth team, assists in the development and execution of marketing outreach for intellectual property assets.
• In partnership with the IP Compliance and Operations and Finance and Accounting teams, ensures that all agreements are properly recorded in the intellectual property database of record and supports licensee relationship management and compliance activities.
• Establishes and cultivates strong relationships with inventors, legal counsel, prospective and current licensees, University Research Administration, the Office of Corporate Engagement, and Polsky Center colleagues to promote the University\'s mission and its Polsky Center to catalyze ideas into impact.
• Provides support in the execution of marketing plans for inventions and software.
• Has a moderate/solid understanding of the legal issues concerning patent, copyright, or trademark matters. M y provide advice on the patentability of inventions, infringement of patents or copyrights, and the validity of trademarks.
• Performs other related work as needed.

Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.

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Work Experience:

Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.

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Certifications:

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Preferred Qualifications

Education:

• Advanced degree in chemistry, materials science, physics, biology, computer science, bioengineering, molecular engineering, chemical engineering, or related discipline.

Experience:

• Experience with technology transfer and commercialization, including internship or fellowship programs, in a university or industry setting.
• Significant hands-on expertise in negotiating and drafting intellectual property agreements.

Preferred Competencies

Build rapport and credibility with faculty members, researchers, and their labs.

Knowledge of intellectual property.

Excellent analytical and computational skills.

Excellent organiz