BATON Deliverables

Checklist of Deliverables

During the course of its participation in the BATON program, a company will (with support of its stakeholders and entrepreneur):

1. Be incorporated as an entity independent of the university;
2. Have a corporate structure appropriate for their business and financing needs;
3. Obtain a license or option to the IP asset from the university;
4. Be presented to BATON stakeholders and entrepreneurial pool;
5. Finalize stakeholder & entrepreneur commitments;
6. Have researched its intellectual property, market and likely regulatory path(s);
7. Ranked the commercial opportunities for the technology based on IP, market, regulatory, financing and expertise considerations;
8. Choose an initial product focus;
9. Create a strategic development plan to guide technology and business efforts;
10. Establish meaningful technology & business milestones;
11. Set near-term financing goals to achieve milestones; and
12. Capture this corporate vision in a business plan