This document describes the process by which the Center for Technology Transfer and Commercialization (CTTC) and its New Ventures (NV) Team can help Vanderbilt University and Vanderbilt University Medical Center faculty and staff launch new ventures to commercialize inventions made at Vanderbilt. Resources exist across Vanderbilt to support entrepreneurship – these resources are outlined here, and those specifically provided through CTTC are described in detail in an effort to convey as much transparency as possible to ensure faculty and staff are optimally able to understand and pursue their entrepreneurial aspirations.
While every new venture follows its own unique path, the major steps to launch a business are summarized below.