At RIO, we believe that innovation should be accessible to all. Our Free License Program is designed to make university-developed technologies available to students, staff, faculty, as well as spin-off and start-up companies from Memorial for a free six-month period. By offering free licenses, we aim to foster collaboration, accelerate research, and support entrepreneurs, startups, and non-profit organizations in bringing impactful innovations to the world.

This initiative aligns with our commitment to knowledge sharing and societal benefit. Technologies available under this program are provided with minimal restrictions, enabling users to integrate them into their projects, products, or research efforts without traditional licensing fees.

 Eligibility:

• Students, staff and faculty from Memorial
• Spin-off and start-up companies from Memorial

Requirements:

• Enrolled in or completed Genesis Evolution or Lab2Market
• Use the six months to evaluate the intellectual property, conduct customer discovery and determine the viability of the technology

Commercialization of IP:

• If the company or individual would like to exploit the technology and have a full license, they would need to present a commercialization path and associated milestones to RIO
• There is a fee of $1,000 CAD for the option to convert the free license to a full license 
• Negotiations for a full license can start at any point during the six months

Please contact RIO for more information.