Technology Program Planning and Management
Townsend & Banta can develop a plan–based on a client’s specific needs and goals–and manage the entire technology management program and technology transfer process under the supervision of the client’s senior management.   We also provide specific services to meet the individual needs of a client’s existing program.

Invention Disclosures
Well-written invention disclosures are the heart of a strong technology transfer program.   They can dramatically improve the quality and quantity of patents in an organization’s portfolio.   Townsend & Banta provides assistance in training inventors and establishing procedures for the disclosure of inventions as well as group and individual assistance in drafting invention disclosures.   Our patent professionals work closely with inventors to prepare high-quality invention disclosures with the aim of successful commercialization.

Technology Evaluation
The identification and prioritization of technology assets based upon their relative strengths and likely interest to commercial organizations is critical to the efficient utilization of program resources.   Using our experience working with a broad base of diverse technologies, Townsend & Banta has developed a successful analytical method for evaluating technology and it’s market potential.

Facilities Evaluation and Utilization
Townsend & Banta can review, evaluate and prioritize the utilization of a client’s technical facilities and equipment for expanded and/or alternative use by private sector organizations or the government.   This typically involves the evaluation of facilities, equipment and expertise and the marketing of this capability to potential outside users.   Working agreements and financial considerations are included in the development of various options and plans.

Technology Marketing
This service involves implementation of a technology marketing plan.   Townsend & Banta works with inventors and client personnel to prepare a one-page technology capabilities description.   We then contact previously identified companies and other potential customers for the technology to determine the best outlets for commercialization.

Licensing Agreement Negotiations
Townsend & Banta can provide direct assistance in drafting and negotiation of patent license agreements (PLAs) as well as other technology transfer agreements including cooperative research agreements.   A determination of the value of the technology to the customer must be established to assist in negotiation of the terms of a PLA.