Company Performance Metrics
Cowboy Technologies, LLC was organized in 2011 as a for-profit, limited-liability company with a mission to be a catalyst for commercializing university inventions. The company goals run parallel with that of Oklahoma State University’s land grant mission of taking University research from "CAMPUS TO COMMUNITY".
Utilizing the
university’s invention disclosure process and other sources, technologies of commercial interest are identified. Extensive interface with the research faculty, coupled with utilizing multiple market and industry business intelligence systems, yields an initial business model. Model refinement continues until numerous qualifying criteria are met. The model is presented to Cowboy Technologies’ Advisory Committee for review. If the review process results in a favorable recommendation, Cowboy Technologies Board of Directors has final funding approval. Once approved, Cowboy Technologies would act as interim management for the commercialization project/entity until an industry specific management team is formed. Cowboy Technologies would handle the initial product and business development and source co-funding partners for each stage of development. Return on Investment upon general industry standards is a primary objective of Cowboy Technologies. Monetization of the investment would be a targeted outcome.
Cowboy Technologies serves as an embryonic early seed investor and start-up accelerator in selected university inventions that have progressed to at least lab scale efficacy. Funding is aimed at accelerating product development, market feasibility and entity start-up. Up to $200,000 per project of seed capital investment/funding is available based upon certain entry thresholds, approval by Cowboy Technologies Board of Directors, and subsequent milestone attainments.