Wexford’s Clause Samples
Wexford’s a. Achieve Contract Objectives:
i. Establish specific business development services for new business start-ups and expansion of existing businesses, particularly for the commercialization of the University’s intellectual projects.
ii. Identify specific private sector and public business development financing that can be tapped to attract new firms (and retain/expand existing firms) in the Innovation Research Park, as well as promote business creation from the University’s Intellectual property.
iii. Initiate planning and related development efforts for establishing a business accelerator facility in the Innovation Research Park in collaboration with applicable local, state, federal agencies and other partners.
iv. Establish a defined meeting schedule with local, regional, state, and federal economic development organizations which expands the University’s presence and reputation with the attraction and retention of businesses, especially those in the Innovation Research Park.
v. Perform #1 through #4 in coordinated effort, enhancing the overall marketing/development of the Innovation Research Park, as well as assuring timely and effective communication with the University’s senior academic and administrative officers.
vi. Provide strategic and tactical support to University President and senior leadership on business creation activities from University intellectual property.
