Application Process for Professors to Set up a Business
The Professional Business Building Team (the applicant) needs to fill the “Derivative Startup Application Form” and "Derivative Startup Business Operation Plan" and send to the contact below. We will arrange a meeting within five working days in order assess the needs of the team and assist the team in preparing the documents below. If in the future, technology or subject matter is modified, the team needs to propose a desirable price and we will assist the team in contacting the technology valuation office and preparing any of the relevant documents required for the next stage.
The Professional Business Building Team sends the first stage information to the office for valuation and pays all relevant fees.
*In the future, if technology is converted into stocks, the basis day for the valuation report shall be held within three months after the establishment date of the company.
*If there is a need for NYCU to provide grants for technology assessment, please fill in the application form. The application will be sent to the R&D Assessment Commission of NYCU for evaluation
The applicant signs the “Statement on Interest Avoidance and Information Disclosure” and submits the “Technology Valuation Report” to the R&D Result Evaluation Committee for screening. In principle, an evaluation meeting is convened monthly. The Center of Academia and Industry Collaboration will email the applicant the evaluation result within five working days after the evaluation meeting.
*If in the future, the applicant plans to transfer technology, the applicant needs to additionally propose a technology or patent transfer price (plus tax) for the Committee to review. The NYCU will coordinate tax related matters regulated by the Central Government.
According to Article 3 and Article 6 of the "Regulations Governing Part-time Work and Investment Contribution of Technical Know-how of Researchers" of Ministry of Science and Technology, the Project Committee will give permission for researchers to perform jobs by utilizing research results and starting startups after the approval of NYCU as well as collect contribution funds at a certain percentage and ceiling for part-time work and investment contribution of technical know-how performed and made by researchers at NYCU. Hence, at this meeting, discussions on the approval of starting startup via technology or patents as well as the suitability for the percentage of contribution funds will be conducted. The team that submits the proposal need to prepare documents below and presentation at the meeting of Project Committee. In principle, the meeting is convened quarterly. The Center will email review result to the applicant within three work days after the meeting.
According to the consensus reached between the team and the NYCU, the applicant shall sign on the resolution made by the Designated Committee as a contributer to the team. If later the team proposal is changed, the withdraw application form shall be filled.
In compliance with the “Fundamental Science and Technology Act,” “Rules Governing the Management of Part-time Work and Investment Businesses with Technology Conversion into Stocks of Research Practitioners” and “Handling Principles of Part-time Work of Full-time Faculty at Public Schools of Various Levels,” when professors of national universities work part-time in derivative startups, if he/she takes the post as a director or holds more than 10% in stocks, an approval from the university is required before the establishment or stock holding registration. According to the Rules Governing the Secondment and Part-time Work of Teachers of the University, the applicant professor needs to submit a Part-time Application as well as documents b, c, and d to HR and R&D offices. The President shall have the right to make the final decision.
The Company and the NYCU, according to the relevant contribution commitment conditions, sign the technology transfer contract to officially complete the technology transfer. The Company and the NYCU, according to the approved application for a part-time teacher’s job, sign the contract for a part-time job for industry-university cooperation personnel to complete the procedure.
- Technology Authorization Contract
- Part-time Program Agreement for Staff under the Academia-Industry Collaboration
The Center assists professors to apply for deferred taxes of technology stocks.
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Project Manager/Incubation Service