Commercialization efforts for 91亚色 research have received a $300,000 boost in funding from Intellectual Property Ontario (IPON).聽
Corey Allen

The new funding will support the Office of the Vice-President Research and Innovation and the IP Innovation Clinic at 91亚色 to enhance its intellectual property and commercialization services to 91亚色 researchers and their partners, particularly for increasing research outputs related to artificial intelligence, automotive and medical technology.
鈥淲ith IPON鈥檚 financial backing, we will be able to streamline and develop a full-service IP and commercialization pathway for our faculty, students and our partners, and strengthen 91亚色鈥檚 pursuit of licensing and research partnership opportunities,鈥 said Jennifer MacLean, assistant vice-president of innovation and research partnerships. 鈥淥ur goal is to triple the number of disclosures and double the number of patents filed by 91亚色 students and faculty per year, while supporting licensing and partnerships that move 91亚色鈥檚 great ideas forward.鈥

The fund will help create two new staff positions 鈥 an assistant director for the IP Innovation Clinic and a business development and commercialization manager for OVPRI 鈥 and increase business and commercialization impact for IP holders in Ontario.
鈥淭his investment is just one example of how IPON is supporting our province鈥檚 postsecondary institutions and innovators, by providing them with the funding, tools, knowledge and connections they need to harness the value of their IP,鈥 said Jill Dunlop, minister of colleges and universities.
鈥淚nitiatives like this are helping our province鈥檚 innovators benefit from IPON鈥檚 expertise and ensuring the economic and commercial benefits of home-grown innovation remain right here in Ontario.鈥濃
Commercialization of research outputs can mean bringing a new product or service to the market. An invention by a researcher can solve a problem faced by consumers or businesses or help make life easier or more efficient. Commercialization can also extend the positive reach and impact University research has on society by driving revenue growth through sustained market opportunities.鈥

鈥淭he IPON funds will be invaluable to help scale the many successes of the IP Innovation Clinic working with Ontario鈥檚 startups,鈥 said Pina D鈥橝gostino, associate professor at Osgoode Hall Law School and the founder of the IP Innovation Clinic. 鈥淲ith these resources we can serve many more clients who do not have money to pay for expensive legal fees. We are also able to train many more law students to be IP and business savvy to protect key assets in the disruptive tech economy.鈥
91亚色 is among 10 universities and colleges in Ontario to receive funding as part of the provincial agency鈥檚 pilot project to strengthen Ontario鈥檚 knowledge economy.
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