Hi Holly, it's nice to hear from you.  I asked my colleagues in the
Conflict of Interest Program, and here's their response:

*We allow all under a conflict management plan that:*
>
>
   - *requires numerous disclosures of the individual's financial and
   business interests*
   -
*​r​ esearch oversight by the Associate Dean for Research*
   -
*​requires  conflicted employee to identify all university personnel and
   resources involved in activities relating to the startup's IP*
   - *review, approval, and administration of any University external sale
   or research subcontract with the startup by an unconflicted University
   official (usually the Associate Dean for Research)​*

*Michele*

On Wed, Mar 1, 2017 at 5:54 AM, Holly A. Kinkaid <[email protected]
> wrote:

> Hello:
>
>
>
> From a Conflict of Interest and Conflict of Commitment perspective, how
> does your university manage conflicts of interest and conflicts of
> commitment where researchers, faculty and postdocs are involved in
> university-funded (entirely or partially) startups (no Federal funding is
> involved)?
>
>
>
> What are your university’s policies and procedures in regards to:
>
>
>
> ·        Holding Board seats on the new startup;
>
> ·        Serving as an officer of the company;
>
> ·        Ownership of Intellectual Property;
>
> ·        Ownership/Equity Interest;
>
> ·        Utilizing university resources when the university resources are
> unique to the state/region.
>
>
>
> Your feedback is very much appreciated.  Thank you.
>
>
>
>
>
> Holly A. Kinkaid
>
> Policy Advisor, University Policy Office
>
> King Abdullah University of Science and Technology
>
> Administration Building, Room 4710
>
> T: +966 (12) 808-3131 <+966%2012%20808%203131>
>
> www.kaust.edu.sa
>
>
>
>
>
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-- 
Michele Gross, Director
Policy Program
University of Minnesota
356-1 McNamara, 200 Oak street
Minneapolis, MN  55454
612-624-8081

http://policy.umn.edu/

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