• Why partipate?
• What your developers should know
• Our fees
• Our participation agreement
• The sign-up process

Why participate?

foliodirect enables university technology transfer offices to increase their reach and effectiveness without adding additional staff.  Participating universities directly control their foliodirect storefronts by adding, editing, or removing content.

Each university may link to its foliodirect offerings from its existing online technology catalogs.  In other words, foliodirect is designed to be an enhancement, rather than a replacement, of universities' current marketing sites.

foliodirect allows tech transfer offices to:

• avoid time-consuming negotiations on simple, non-exclusive licensing transactions.
• encourage creators and inventors to disclose additional types of materials, including courseware--easily made available non-exclusively.
• market technologies at all value levels.  No longer will technology transfer offices need to eliminate lower value items from inventory due to a lack of other marketing or licensing mechanisms.
• have an effective and secure payment method at their disposal.

What your developers should know

Some of your developers may have suspicions or concerns about foliodirect. Here are a few important points to convey to your developers.

Your TTO remains in full control of the technology. You will determine when the technology is listed on foliodirect. You will also control the description, license and sales price.

Likewise, you will continue to be your developers’ main point of contact for commercialization activities. Since you’ll have direct administrative access to your foliodirect storefront, the developers need not contact foliodirect themselves.

Listing a technology on foliodirect will not interfere with other marketing/licensing efforts that are underway for the technology. Because foliodirect is a platform for non-exclusive licensing, you are free to pursue licenses through your own Web site or any other mechanism.

foliodirect will provide broader exposure for your developers’ technology and research. Visitors can search the stores of all participating universities at the same time, you are likely to generate traffic that might not happen otherwise. You may also link with ease to your developers’ own Web sites from your foliodirect technology descriptions.

Our fees

Service Fees

Activation Fee:
We charge a one-time fee of $100 to activate your foliodirect account.

Annual Fee:
We also charge a recurring annual fee of $100.  The first annual fee is due 365 days from the date your account is activated.

Please note that STC reserves the right to increase these fees in order to help offset foliodirect's ongoing maintenance and enhancement costs.  We will notify our all participating universities at least 30 days prior to making a change.

Transaction Fees

Administrative Fee:
STC takes a 10% administrative fee (based on the sales price) of each transaction.

Incremental Fee:
The merchant fee varies according to the payment method used by the customer.  The fees typically fall between 3% - 5%.

Example

Say you'd like to sell a software package on foliodirect for $200.  STC would take an administrative fee of $20.  Let's assume the merchant fees are 3%, or $6 in this case.  Therefore, you'd receive $174 on each transaction:

Price - Admininistrative Fee - Incremental Fee = Revenue Distributed to University

$200 - $20 - $6 = $174

Our participation agreement

All participating universities must agree to these terms.

The sign-up process

We happily welcome applications from any university technology transfer office.  The process is simple:

1. Please read the foliodirect participation agreement.  By submitting your application, you accept the terms and conditions of the agreement.  (If you'd prefer to execute a paper license instead of the e-license, please contact us and we'll prepare one.)
   
2. Complete the sign-up form.
3. We'll review your application and be in touch with you soon.  Upon approval, we will provide you with an ID, password, and instructions for creating your own virtual store in foliodirect.
   

Sign up here!