Licensing Manager - Technology Transfer Office

University of Wyoming • Laramie, WY

1d • $73,800 - $81,200 • Onsite

About The Position

As a technology transfer professional and contributing staff member, this position is responsible for identifying, evaluating, marketing, and commercializing inventions created by University of Wyoming researchers. Responsibilities include identifying technologies with commercial applications, evaluating commercial potential of inventions, identifying potential licensees, preparing non-confidential technical information for marketing purposes, developing and implementing market strategies for each technology, and drafting and negotiating license option, interinstitutional, and other agreements.

Requirements

• Master’s degree
• 3-5 years relevant experience
• Valid driver's license with a motor vehicle record (MVR) compliant with the Driving for University Business SAP
• Eligible to work in the United States

Nice To Haves

• Master’s degree or higher in STEM field
• Familiarity with the basic concepts of intellectual property, particularly patent law and an understanding of drafting various agreements and contracts as a preference
• RTTP (Registered Technology Transfer Professional) or Certified Licensing Professional certification
• Knowledge of intellectual property law
• Understanding of commercialization agreements
• Excellent verbal communication skills
• Excellent written communication skills
• Ability to assess business opportunities based on research
• Knowledge of entrepreneurial ecosystems
• Understanding of the needs of startup companies spun out of universities

Responsibilities

• Develop relationships across the University to raise awareness of technology commercialization, understand the research being conducted in relationship to addressing potential industry needs, and encourage utilization and commercialization of the research and resulting intellectual property.
• Support research and entrepreneurial interests and goals of faculty, researchers, and students.
• Introduce internal and local resources to faculty, students, and staff if there is an interest in formation of a start-up company.
• Advise and educate faculty, staff, and students regarding protection of intellectual property and technology commercialization matters.
• Evaluate the potential for research to address industry needs; assess relevant markets to identify key industry problems that may be addressed by and provide feedback to faculty, researchers, students, and staff; encourage submission of invention disclosures and determine patentability and marketability and communicate results with inventors.
• Track invention activities and agreements utilizing databases and document management systems.
• Work with IP Strategy team, patent attorneys and inventors to coordinate patent protection and filing of patent applications.
• Develop and implement communication and commercialization plans customized to each technology, weighing technology readiness, commercial potential, market size, and initial commercial interest.
• Assist with managing industry relationships by acting as resource for other University units such as Industry and Strategic Partnerships and IMPACT307, and faculty, staff, students.
• Identify and reach out to potential licensees and facilitate interactions between faculty, students, and staff and potential licensees, patent and contract attorneys, industrial scientists, senior business development executives, entrepreneurs, and venture capitalists.
• Negotiate terms of licenses, options, and other agreements and draft subsequent agreements.
• Prepare and exchange term sheets with potential licensees, and work with agreement templates to convert term sheets into draft contracts.
• Negotiate license and contract terms, with the support of the Director and Vice President, to get to executable agreements.
• Coordinate with the University’s Research Services and Office of Sponsored Programs to draft appropriate contract language on various research and collaboration agreements to protect IP rights.
• Assist in preparation of written reports for Board of Trustees and University administration.
• Attend meetings as requested and participate in developing and maintaining infrastructure to enable successful technology transfer.
• Generate a non-confidential summary of the technology in collaboration with staff, to be used for marketing, ensure posting of summaries on various sites and outreach to relevant parties.
• Work with staff to develop creative marketing and licensing strategies.
• Represent the University at professional meetings and conferences, technology transfer trade conferences, investment and economic development meetings and events, e.g. AUTM or LES meetings and other national, state, and local meetings as appropriate.
• Perform other duties as assigned that are necessary to meet the University’s technology commercialization objectives.

Benefits

• Generous Retirement Contributions: The State contributes over 15% of your gross salary. With your mandatory employee contribution, the total contribution toward your retirement plan exceeds 19%.
• Exceptional Health & Prescription Coverage: Enjoy access to medical, dental, and vision insurance with competitive employer contributions, that include 4 deductible options to suit your needs
• Paid Time Off: Benefit from ample vacation, sick leave, paid holidays, and paid winter closure.
• Tuition Waiver: Employees and eligible dependents can take advantage of tuition waivers, supporting continuous education and professional growth.
• Wellness and Employee Assistance Programs: Stay healthy with wellness initiatives, counseling services, and mental health resources.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level