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CornellBEST

CornellBEST promotes and supports entrepreneurship through technology transfer. It is a program established and spearheaded by the Cornell Center for Technology Enterprise & Commercialization (CCTEC) and reaches out to all relevant partnering units at Cornell and entities in the regional communities. CornellBEST features resources, services, and training provided by CCTEC and its allies to help Cornell researchers form new businesses based on licensed Cornell technologies. CCTEC supports each stage of a new business’s development life cycle.


Importance of New Business Formation

The formation of new businesses is very important and at times the only possible way of developing and commercializing certain Cornell technologies to benefit society. New businesses can create jobs, recruit and retain talent, attract investment, and fuel economic growth for the entire region to advance the goals of the Bayh-Dole Act of 1980 - the seminal US legislation that enables universities to elect titles to inventions from work funded, in whole or in part, by the federal government. Cornell is committed to support entrepreneurship of its researchers to fulfill its mission as the land grant university of New York State to develop innovations into useful products and services that will benefit the citizens and economy of the state.


More Information

Laura Cima

Director, CornellBEST

Cornell Center for Technology Enterprise & Commercialization

395 Pine Tree Road, Suite 310

Ithaca, NY 14850

607-254-4557

LC12@cornell.edu




Idea Incubation

  • Work with researchers to evaluate commercial potential of technologies
  • Recommend technologies that are good foundations for startups
  • Perform market research
  • Explore valuable applications of technologies
  • Research business opportunities
  • Support and participate in Pre-Seed Workshops
  • Host Inventions Roundtable events to obtain industry feedback on technologies

Forming the Startup


Licensing

  • Use fair mechanisms to promote transparency and accountability
  • Use license template to provide consistency and efficiency
  • Recognize and address industry sector differences
  • Accommodate needs of individual new businesses
  • Shape policies and implementation guidelines
  • Advise researchers on conflict issues
  • Interpret policies and implement “best practices”

Company Growth