What is CUTTS?
The Canada-Ukraine Technology Transfer Service
(CUTTS) is a subsidiary of the Canada-Ukraine Centre Inc. devoted
to the transfer of technologies developed in Ukraine that have the potential
for commercialization in Canada. CUTTS will act as a broker between
the technology developer in Ukraine and the Canadian entrepreneur interested
in commercializing the technology.
Ukraine has a large and active research and
development sector. It is estimated there are over 400 universities
and research centres in Ukraine. Ukraine, with about three quarters
of one percent of the world's population, has some four percent
of the world's scientists.
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to CUTTS
Ukrainian technology developers are invited to post
a description of their technology on the CUTTS website. They should
indicate if the technology has been patented and who owns the technology
- the individual technology developer or a university or research centre.
CUTTS has developed a protocol that can be used between
the technology developer and the entrepreneur in the early stages of
the investigative phase. This protocol contains a sample agreement to
review the technology within a confidentiality agreement and to test
the technology with the test results remaining confidential.
CUTTS will remain as a broker between the Ukrainian
technology developer and the Canadian entrepreneur up to the point where
there is a decision reached to proceed or not to proceed further. If
it is decided to proceed then a further an agreement on ownership, royalties
etc. can be drawn up directly between the technology developer and the
entrepreneur.
A CUTTS Posting Review Committee will review and approve
all postings on the CUTTS site. The committees' mandate will be to ensure
the information posted is within CUTTS's purpose and mandate. The review
committee's approval for posting will not imply a peer review of the
material submitted nor imply sanction of the contents of a submission
Technologies that are in the concept phase, prototype
phase or are an actual product can be posted on the website. |
