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Cultivating new relationships and fostering existing relationships with businesses of all sizes to identify solutions to industrys needs, including intellectual property available for licensing, UT Austins research capabilities and infrastructure, and other resources available throughout the institution and ecosystem.Engaging inventors as key contributors for identifying partnering leads and keeping inventors aware of commercialization efforts.Providing guidance to personnel responsible for generating marketing materials for intellectual property that is available for partnering and UT Austins research domains of interest to industry partners.Collaborating with counterparts in Intellectual Property Development to holistically evaluate the appropriate commercialization pathway for intellectual property via licensing, new venture formation, or corporate sponsored research.Soliciting insight from corporate partners to provide the Intellectual Property Development team an industry perspective when evaluating potential patent filings and prosecution.Collaborating with counterparts in Licensing and Collaborative Research on term sheet development. Business Development to provide perspective of potential licensee, raise awareness of relevant market forces, and suggest opportunities for most effective and valuable deal terms all the while maintaining a united front to the potential licensee. Licensing and Collaborative Research team to consider the partners perspective when negotiating agreement terms, while maintaining a united front to the potential licensee. Some term sheet negotiations will be led by the Licensing Specialist, others by the Business Development Specialist, as mutually determined based on the external relationship and workload. In either case, real-time collaboration between Business Development and Licensing will be maintained.Raising industry awareness of the entire Discovery to Impact team, including Austin Technology Incubator and Texas Innovation Center, to build and maintain organizational credibility and partnering opportunities.Supporting the Director of Business Development with strategic initiatives like the Front Door website for UT Austin industry engagement and programmatic approaches to connecting UT Austin researchers to potential industry sponsors.