From university to market: clear agreements for academic spin-offs

Four Dutch technical universities share a common ambition: making spin-off processes more efficient. It is crucial that entrepreneurs can see that their deal is not arbitrary, but follows standards that all four technical universities apply.

An important step in this was the development of the UNL deal terms used by the 4TUs. For the elaboration of the deal, it is important that it is clear what the deal means for entrepreneurs.

We developed a new termsheet template that combines legal precision with visual clarity. The document explains why clauses exist and places agreements in the context of market standards.