In line with KFUPM’s new vision, Innovation and Technology Transfer (ITT) office at KFUPM facilitates creating Startups. ITT also has been at forefront in cultivating a mindset of technology-based entrepreneurship in Kingdom by organizing Workshops and Seminars.
We support Startup formation, that are based on licensing KFUPM intellectual property (IP), in following ways:
When entrepreneurs approach us, we discuss their interest in specific technology domain(s), their willingness and skills to commercialize and take a KFUPM technology to market by forming a Startup. We identify potential IPs in requested technology domain, provide entrepreneurs access to such IPs (if needed make an NDA). We also share any market research information we have for IPs selected by an entrepreneur.