The initial contract with Technology and Licensing Office.
Written notice to the Technology and Licensing Office.
Reviewing the product, verifying for patent and assessing inventors potential.
Protection of the patent, trademarks and common legal protection.
Identifying candidate companies and bringing technology to the market.
Forming the start-up or being an existing business relationship
Involves the contract between MIT & third party and leverage to enable the third party to evaluate the potential.
To bring in new business investments and engage in further development.
The investment that comes in from the Technology Investment Centre & appropriate distribution of those funds.
With extensive observations and experiments you make the desirable changes and improvements required.