Licensed Start-up Companies
Licensed Start-up Companies (LSCs) are nonpublic companies that have an Option or License agreement for University of Pittsburgh technology and the University and/or one or more of its employees, students, members of their immediate families, or the University itself has taken an ownership interest in the company.
Relationships with these companies and their interactions with the University are governed by University Policy RI01.
All consulting relationships with these companies, whether paid or unpaid, require the approval of the Conflict of Interest Committee (COIC).
LSC Policy Compliance Statement
This document must be signed by each faculty member, staff member, or student who intends to take an ownership interest in a LSC and/or hold a management or officer position.