Physical Sciences and Engineering

Physical Sciences and Engineering Startup Launch Terms

Startups leveraging innovations in materials science, electronics, energy systems, robotics, advanced manufacturing, or mechanical and electrical engineering. These companies translate scientific discoveries and engineering advancements into commercial products across industries such as aerospace, automotive, construction, and industrial applications.

Launch Term	Requirements
Equity	3.5% equity at the founder’s round. Anti-dilution through series A or capital raise of $1 million.
Annual License Payments	$0: Year 1 $5,000: Years 2 - 4 $10,000: Years 5 – 6 $30,000 Years 7+
Royalty (based on cumulative revenue)	1%: Less than $5 Million in revenue 1.5%: $5 Million to $20 Million 2%: Greater than $20 Million
Annual Minimum Royalty Payments until first commercial sale	Years 2 - 5; $10,000 Years 5+; $25,000
Sublicense Revenue Share	40% (Pre-Series A) 20% (Post-Series A)
Patent Expense Reimbursement	Two year deferment for past patent expenses. On-going International paid as incurred. US patent expenses deferred for 2 years.
Diligence Milestone	Raise at least $1 million in capital funding in 3 years. First commercial sale of licensed product in 10 years.

Access startup tools, grants, incubators, and mentorship through the Venture Center, Discovery Launchpad, and programs like MIN-Corps, Discovery Capital, and I-Corps.