Applications Close January 18, 2019
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Welcome to LAUNCH
Game-changing technologies are emerging at NMSU, where researchers and creative problem solvers are working in disciplines with real world impacts. Historically, it has been difficult to transition early-stage research into marketable products and/or licenses. LAUNCH is based on a simple concept that yields great results: by harnessing the power of the inventor’s technical expertise and industry network, and the studio resources of Arrowhead Center, LAUNCH accelerates licensing deals.
LAUNCH significantly accelerated my startup and invention, enabling me to leap forward. LAUNCH funding enables me to hire interns, refine my prototype, and exhibit my invention at various conferences around the country.
LAUNCH is ruthless. The pace is ruthless – the idea of a pitch and marketing plan was new to me as a researcher. The program taught me ruthless creativity: I could not afford to not be creative. It taught me ruthless courage, as sometimes the process was slow. It also taught me ruthless open-mindedness: I had to be open-minded to honest criticism from the technology commercialization associates, which has helped me with receiving subsequent National Science Foundation criticism.
LAUNCH is an 8-week licensing studio, built to springboard NMSU intellectual property into the private sector.
LAUNCH partners leading NMSU inventors with a team of legal, corporate, and marketing experts to license NMSU technologies. Using the power of the inventor’s technical expertise and industry network, and the studio resources of Arrowhead Center, LAUNCH accelerates licensing deals – resulting in revenue to the inventor and NMSU.
LAUNCH coalesces all of the needed resources and structure to increase time to license
Project managers, lawyers, negotiators, corporate executives and marketers provide the critical services needed to license IP
Outsourced market insights help shape strategic licensing plans
Awards are provided to inventors for professional services and technology advancement that bring IP closer to licensing
Frequently Asked Questions
When are applications due? January 18, 2019.
Who is eligible? NMSU faculty, staff, and students with licensable know-how and inventions (disclosed or patented) at NMSU (main campus or at our community colleges).
What is covered during the 8-week program? What is the time commitment? Online weekly cohort meetings take place from noon to 1:00pm, every Monday, February 4 through March 29, 2019. Weekly cohort meetings are supplemented with mentorship, and professional service provider, user group and industry meetings. Additional customized assignments and milestones are required for individual development.
What awards are provided through LAUNCH? LAUNCH will provide participants multiple micro-grants of up to $2,000 each to cover professional services, marketing, conference travel, and any other approved expenses that support a successful license.
Do you take equity? We do not take equity.
What happens at the end of LAUNCH, am I on my own? Support does not end with LAUNCH. The NMSU Office of Intellectual Property and the Arrowhead Innovation Network (Arrowhead’s accelerator alumni network) continue to work with faculty on licensing opportunities for the life of the patent.
Success by Numbers
In the seven years that the LAUNCH Program has been in operation, participants and winners of have received seed funding and equity investments ranging in value from $2,000 to $25,000. Last year, two equity investments for $20,000 each were given to the winners of LAUNCH.