LATEST NEWS & ANNOUNCEMENTS -- New Online IDF Submission Portal - Click Here -- -- Inviting applications for Business Development Manager- Fill in Applicant-particularsNotice Inviting Quotations for Fabrication of a Custom Integrated Circuit on a 0.18 μm CMOS process- Last date: July 6,2020 before 5pm    Startup To Scaleup 2020 - A Global Acceleration Program for startups working in Healthcare and Edtech | Last date 30th June 2020- Click Here!Apply for Project Vacancy -GCRF Water Security and Sustainable Development Hub - Last date extended to July 10, 2020- Click here! Vacancy Particulars FormatIIT Delhi signs MoU agreement with Sona Comstar to support innovative startups in the institute. Read more!IIT Delhi develop lighter, breathable PPE kit to fight COVID-19 - Read more!ICMR approves the Probe-free COVID-19 detection assay developed at IIT Delhi- Read more!Ministry of Electronics and Information Technology (MeitY) and MeitY Startup Hub(MSH) in association with MyGov, NeGD and National Policy on Software Promotion is organising an innovation challenge named "Innovation Challenge for Video Conferencing Solution" - Click here ! View DetailsFITT is scouting for innovative technologies and solutions for precautionary as well as treatment-related inventions for COVID-19. View DetailsFITT is starting a new service platform- Innovation Technology Transfer Office (i-TTO) under BIRAC's National Biopharma Mission. For Incubators, Startups, SMEs, Industry, Academia, the i-TTO shall facilitate R&D partnerships, Technology Acquisition and Commercialisation etc. Details : queries.iTTO@outlook.comRegister for Joint Mentoring Program Click HereSoftware available for licensing : Python for Glass Genomics (PyGGi) View DetailsIIT Delhi Technologies in Water Purification Click Here for DetailsInformation on IP directly filed by IIT Delhi Faculty Submission Form Click here for detailsFITT, IIT Delhi signs MOU with NSRCEL, IIM Bangalore Click here for detailsStartup India Hub & Learning Program Know more This website is under constant surveillance and monitoring of Technology Team at FITT. The digital Assets of FITT are NOT available in Select Countries/Regions due to Enhanced Security Threats posed by users of such Regions.
FIS - 2.3.1 - INTRANET
Step 1: Submission of License application to FITT

To initiate the process the letter of intent on company’s letter head and a license application.

Step 2: Assessment of application by FITT

Once the license application is received at our end, FITT will do a quick assessment and revert.

Step 3: Sharing of term sheet

After assessment, FITT will propose a term sheet to company. The term sheet includes both financial and non-financial terms and conditions.

Generally, there are two modes of technology transfer:

  • Non-exclusive license
  • Technology development and transfer

The financial conditions vary from case to case depending upon stage of development and market value of technology but, include a lumpsum, or milestone based payment or cost of development and commitment fee and royalty.

Step 4: Negotiation, if any
Step 5: Execution of License agreement

Execution of license agreement enables the company to make and develop the technology. We want to assure you that we will be there as partners in the process of commercialization.

Step 6: Sharing of Technology Dossier

After the receipt of 1st payment and execution of the agreement, a dossier with details on the technology will be shared with the licensee.

Application for Licensing – Download

Technologies at different stages of development are available for licensing and further development.

Connect with us on LinkedIn and stay updated with the latest licensing opportunities