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Intellectual Property Management Office

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About the program · 1 linked sources

IPMO manages RIT's intellectual property portfolio and commercializes university inventions through licensing to existing companies and startup ventures. Handles invention identification, patent prosecution, marketing, license negotiation, and facilitation of spin-out formation. Part of the Office of Entrepreneurship and Innovation. Director: James Eilertsen.

Also known as: IPMO, RIT Tech Transfer

How we know this: the figures on this page come from the linked sources (last verified 2026-06-23); what those sources do not state is left unknown.

Key numbers

Funding range

$0

Licensing

Equity

Varies by investment

Application

Rolling

Campus Wide

Last activity

2025-12-31

High confidence

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Intellectual Property Management Office

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    Rating

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    Application and Timing

    Begins with IP disclosure to IPMO. No public application cycle. Licensing process involves: technology identification, term sheet, commercialization plan, definitive agreement.

    Participants

    Faculty inventors, researchers, graduate students, and staff. External companies and entrepreneurs seeking RIT technology licenses.

    Funding and Equity

    Indirect — enables startups to access IP through negotiated licenses. Terms include fees, royalties, and milestone payments. May take equity as part of licensing deals on a case-by-case basis.

    Recent Activity

    • 2023-2026: Active licensing with named startup licensees.
    • Part of OEI consolidation (November 2024).
    • Ongoing: Available technologies listed on RIT's Technology Publisher site.

    Known startups and winners

    Competition winners and notable student ventures from our research.

    See every startup
    Historical winners (research notes)
    • Falcon — Fuel cell technology; co-founded by RIT PhD graduate; entered target markets 2024.
    • Clerio Vision — Vision care products (contact lenses, refractive surgery); exclusively licensed from UR and RIT.
    • VPG Medical — Medical devices; 12 employees in Monroe County; licensed from UR and RIT.
    Research gaps & things to verify

    Verification Gaps

    • Number of active licenses and patents.
    • Licensing revenue and startup formation rates 2023-2026.
    • Complete list of startup licensees.
    Program details

    Intellectual Property Management Office

    Additional research notesShow

    Evidence

    News & articles

    News articles and official sources documenting Intellectual Property Management Office at Rochester Institute of Technology.

    1 source