Webinars

Basic Budgeting Strategies for Industry Agreements (2019)

UIDP Contracting Webinar Series

For many universities and their industry partners traditional approaches to negotiating sponsored research and license agreements may not produce the desired results. New models that are intended to streamline university industry agreement and promote more and better university-industry partnerships have emerged over the last few years.

The budget is key in determining whether it is feasible to proceed with a sponsored project. The budget should reflect the funding required to successfully undertake the proposed project and allow the industry sponsor to assess whether those funds are available. Budgets detail and format may vary but include direct and indirect costs. Sometimes additional funds from other sources such as the state or federal government may be required. This session will provide a summary of budget and payment terms and considerations as well as discussion of some related issues and solutions.

About the Series

UIDP Academy presents a ten-part webinar series on contemporary issues and opportunities for effective negotiation of industry-sponsored research agreements (ISRAs). This series is strategically designed to offer seasoned contracting professionals, as well as novices and others who just want to learn more about the general contracting issues affecting ISRA negotiations, an opportunity to discuss a broad range of contracting matters. More information about ISRAs can be found in UIDP’s Contract Accords.

Copyright & Disclaimer

UIDP materials, which include publications, webinars, videos, and presentations, reflect an amalgamation of the experiences and knowledge of those who participate in UIDP activities. The views and opinions expressed in UIDP materials do not necessarily reflect the official policy or position of any individual organization or the UIDP. At no time should any UIDP materials be used as a replacement for an individual organization’s policy, procedures, or legal counsel. UIDP is not a lobbying organization, and UIDP materials are not intended to be used to influence government decisions.

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of UIDP.

Additional written permission may be granted to members, nonmembers, and/or participants in certain UIDP events. Additional permissions can be found in the UIDP materials to which they pertain.

For permission requests, write to UIDP at: 6156 St. Andrews Rd., Suite 207, Columbia, SC 29212.

Copyright © 2019 by University Industry Demonstration Partnership (UIDP)