Business FAQs Frequently Asked Questions How will my Intellectual Property (IP) be handled? Any background IP that you bring into a research project remains completely owned by the individual or company. If Durham College creates new IP jointly with the partner individual or company, an agreement will be negotiated with you to ensure fairness and equity. Durham College policy on Intellectual Property [PDF – 72 KB] How do I know that Durham College will conduct research with integrity? Durham College employees are bound by the college’s policies on Integrity in Research and Scholarship and Conflict of Interest. What is industry-led Applied Research? If you are a private sector company with a problem or a challenge that could be addressed by Durham College, you may be eligible for assistance with an applied research project. To qualify for external funding, applied research projects must lead to a positive economic impact for your business. For example, a new product, an improved process, or building a prototype for commercialization could lead to economic impacts such as new markets, new jobs, or increased sales. What is Durham College’s contribution? Durham College can identify and help access external funding, after which a project team is formed to work with you on addressing your problem or challenge. Your team will include Durham College faculty, students, and representatives from your company. As well, a member of the Office of Research Services, Innovation and Entrepreneurship (ORSIE) will be assigned to your team as a project manager, ensuring that the project is on time and on budget. Depending on the needs of your project, your project will also have access to state-of-the-art college facilities and specialized equipment. What is my contribution? To demonstrate commitment, external funders usually expect companies to make a cash contribution, which generally starts at $1,000, and/or in-kind contributions, accounted for in your time dedicated to the project and possibly materials or consumables. Given the potential for returns, the contribution is small investment in the company’s future. What is the project timeline? Depending on the complexity of the project, the time line will vary, but generally it takes about two months to develop a proposal, followed by an additional month or two to be approved for funding. Overall, once approved, most applied research projects are completed within four to six months. Who do I contact for more information? For more information please contact: Office of Research Services, Innovation and Entrepreneurship (ORSIE)appliedresearch@durhamcollege.ca905.721.3223
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