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Sttr Agreement

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Funding Agreement Certification – Time of Awards are required to sign, at the time of award, the following certifications of the promotion contract: the rights that an SBC obtains for the data generated during the implementation of a SBIR/STTR funding agreement made available to the government during or after the conclusion of a project funded by the Confederation and for which the government obtains a license. A CBS is a company that, at the time of the awarding of The Phase I and II Financing Agreements, meets the following criteria: (1) Is organized for profit, with a U.S. headquarters that operates primarily in the United States or makes a significant contribution to the U.S. economy through the payment of taxes or the use of U.S. products, materials or labour; (2) is in the form of an individual business, a corporation, a limited liability company, an entity, a joint venture, an association, a trust or a cooperative; except that, when it is a joint venture, there can be no more than 49% of the company`s stake in the joint venture; (3) at least 51 per cent in possession and control of one or more persons, citizens or permanent residents in the United States, except in the case of a joint venture in which each entity of the company must be 51% owned and controlled by one or more persons, citizens or permanent residents in the United States; and (4), including its related businesses, employs no more than 500 people. Part of the requirements of a STTR project is an agreement on intellectual property rights. This agreement is recorded in an award agreement (ARA) prior to the awarding of a distinction of federal authority to small business. The company or IP will contact OPAS as soon as this document is requested by the federal authority. OPAS will hire UMII (University of Massachusetts Innovation Institute) to conclude and return the university`s standard boiler-ARA platform agreement to the small business. All negotiations are conducted by UMII staff in consultation with legal counsel if necessary. In addition to the transfer of the ARA, OPAS will also provide the company with a specific financing agreement for the STTR project for the constituent elements that the company can use for the award of the subcontract to the university. All negotiations on this agreement are conducted by OPAS staff. The IP conditions agreed in Phase I as evidence in the ARA are transferred to the Phase II program when they are assigned.

Property and Commercialization Rights: applies to STTR Program Only The Small Business Administration Policy Directive (PD) sets guidelines for the implementation of the STTR program.