UVA Licensing and Ventures Group

LVG facilitates license agreements with third-party industry partners and works with faculty to find the right licensee for each invention. We model potential deals and negotiate an agreement. The result is a license, which can be preceded by an option that leads to a license, and includes financial parameters and commercialization requirements.

LVG is the central hub for the creation of all startup companies based on UVA intellectual property. Our office serves as the entry point for UVA faculty who are curious about how to launch a new venture. Our team of licensing, business, and legal professionals creates connections for faculty to resources and expertise that steward the creation of UVA startups.