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The startup then submits a business model canvas and business plan, presents an investor-ready pitch deck to the Swift Committee, and completes required conflict-of-interest disclosure for independent COIC review.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},281901,1790870920,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,114,118,123],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":110,"doc_module":22,"doc_module_name":25,"category_name":111,"show_sort_weight":112,"slug":113},17,"Forms",40,"forms",{"id":115,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":116,"slug":117},18,30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":125,"show_sort_weight":4,"slug":126},158,"General","general-158",{"code":4,"msg":82,"data":128},{"doc_id":79,"user_id":129,"nickname":42,"user_avatar":130,"doc_module":22,"category_id":115,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":136,"language":137,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":12,"update_tm":141,"read_time":142},2336464648322,"https://ap-avatar.wpscdn.com/avatar/2200025388227c56fec?_k=1778556882303663488","Is your startup Rock Chalk & Ready to Go?  \nThen our Swift License might be a fit.  \nTo help promote innovation and entrepreneurship, the KU Center for Technology Commercialization offers a simplified, ready-to-use license agreement that is a fit for many startup companies that are developing KUpatented intellectual property. In recognition of our interest in a low-friction negotiation with our startups, we call this approach the Swift Startup License or just “Swift” for short. The agreement is structured to strike a reasonable balance between the needs of the startup company and KU, allowing for:  \n• An attractive position for prospective investors,  \n• A streamlined and efficient negotiation process, and  \n• Reduced upfront legal costs  \nUsing the Swift model enables KU startups to hit the ground running and invest their efforts and resources in the creation of long term value from KU intellectual property. Please keep in mind that Swift is only one of the options available to KU innovators and is built to serve the most common business model found when developing university intellectual property; one in which a single primary product is to be developed from the licensed patent rights. Swift does not fit all types of business opportunities nor intellectual property aside from patents, and so prior to starting down the path toward Swfit, it is a recommended to discuss with KUCTC as to what other options might be available.  \nQualifying for Swift:  \nSpecial attention has been given to streamline the process, reduce upfront legal costs and expedite the contract execution process by KUCTC and Licensee. To qualify for Swift the following criteria must be met:  \n1. The individual requesting Swift must be employed at KU (as faculty or non-faculty staff) and be a founder of a start-up licensing the KU intellectual property  \n2. The individual requesting Swift must be an inventor of the KU intellectual property.  \n3. The individual requesting Swift must have attended Startup School @ KU or have demonstrated equivalent business experience/training (examples STARTUP Central, I-Corps, Kaufmann FastTrac, etc. ) .  \n4. The KU intellectual property must be the basis for forming the new company and a clear product to be developed from the KU intellectual property must be identifiable.  \n5. The KU intellectual property should be solely owned by KU  \n6. The startup must have a CEO (with relevant business experience; not the PI) and an assembled team of advisors committed to the start-up. NOTE KUCTC does not directly negotiate licenses to KU intellectual property with KU employees  \n7. Present the business case (including a business plan and an investor pitch slide deck) to the Swift committee for approval. (Email: [cmichaels2@ku.edu](cmichaels2@ku.edu) )  \nApproval Process  \nThe following steps will need to be completed before a Swift Startup License is executed:  \n1. A formal request for Swift should be submitted to KUCTC, followed by a one-on-one consultation with a KUCTC team member.  \n2. A business model canvas must be developed by the startup and submitted to KUCTC (Lean Canvas website) [https://canvanizer.com/new/lean-canvas](https://canvanizer.com/new/lean-canvas).  \n3. A business plan must be developed and submitted to KUCTC.  \n4. A investor ready pitch deck incorporating the startup’s business plan must be presented to the Swift Committee. KUCTC will coordinate this meeting.  \n1. The Swift committee will follow your presentation of your pitch with a question and answer session.  \n2. The Swift committee will meet and vote for approval after the meeting and KUCTC will provide their feedback to the startup. NOTE: KUCTC cannot guarantee approval by the committee.  \n5. Along with seeking committee approval, the individual requesting Swift (and any other individuals employed by KU and affiliated with the company) should complete a conflict-of-interest (COIC) disclosure for review and approval from the respective COIC committee. This proces","cbCaio4zoDmevSVt","https://ap.wps.com/l/cbCaio4zoDmevSVt","pdf",832008,37,"English","# Qualifying for Swift\n## Eligibility criteria\n# Approval Process\n## Required submissions and committee review","[{\"question\":\"What is the purpose of the Swift Startup License model?\",\"answer\":\"It provides a simplified, ready-to-use license approach designed to create a reasonable balance between startup needs and KU, enabling streamlined negotiations and reduced upfront legal costs.\"},{\"question\":\"What criteria must be met to qualify for Swift?\",\"answer\":\"The requester must be a KU-employed founder, and the requester must be an inventor. The KU IP must support forming a new company with an identifiable product, KU should own the IP, and the startup must have a CEO and advisors, plus committee submission of business case materials.\"},{\"question\":\"What are the main steps in the Swift approval process?\",\"answer\":\"A formal request is submitted to KUCTC, followed by one-on-one consultation. The startup then submits a business model canvas and business plan, presents an investor-ready pitch deck to the Swift Committee, and completes required conflict-of-interest disclosure for independent COIC review.\"}]","Swift Exclusive License Agreement - Template - Startup Qualification and Approval Process | PDF",1789568869,13]