At KFUPM's Innovation & Technology Transfer (ITT), we are committed to bolster the growth of Small & Medium Enterprises (SMEs) and pioneering deeptech ventures (startups). Our focus lies in catalyzing the advancement of their nascent product(s) / technologies towards commercialization.

Harnessing the robust capabilities of our cutting-edge research centers, KFUPM stands ready to address the technological exigencies of such enterprises. This symbiotic relationship not only is expected to propel the developmental trajectory of these entities but also aligns with the overarching national imperatives of fostering localization and nurturing a knowledge-based economy.

Eligibility Criteria:

• SME or a deeptech startup preferably registered in Saudi Arabia
• Possess an early-stage technology or product, typically at Technology Readiness Level (TRL) 3 necessitating customization, testing, or further R&D
• Willingness to co-own Intellectual Property (IP) generated from the collaboration, thereby listing KFUPM as a co-owner in any resulting patents
• Commitment to sharing a modest percentage of net sales from IP commercialization as royalties

Benefits to company:

• Opportunity to propel product / technology advancement through access to KFUPM's state-of-the-art research infrastructure.
• In-kind collaboration obviates the need for cash payments, leveraging KFUPM's resources for technological advancement.
• Company has exclusive rights to Intellectual Property (IP) to commercialize
• Enhanced prospects of local commercialization success, bolstered by the esteemed brand reputation of KFUPM.

Should you be intrigued by this opportunity:

1. We recommend perusing our research centers and their specialized R&D domains: https://ri.kfupm.edu.sa/  
2. Reach out to us at ip-license@kfupm.edu.sa, where the ITT team eagerly awaits to delve into your specific requirements.
3. We will work with you to identify a suitable synergy, and facilitate introductions to the pertinent stakeholder (research center) at KFUPM for detailed technical discussions on technology advancement.
4. Once we have identified a suitable collaboration, we will discuss your business and commercialization plan while you develop the scope of technology development jointly with our researcher.
5. Subsequently, we will share a collaborative agreement draft, featuring favorable IP terms as elucidated above.

Join the ranks of our recent collaborators from the SME and startup ecosystem, and embark on a transformative journey of innovation and commercialization.