They see 75 to 100 ideas or deals a year. They look at half and fund half of those or 25 percent of all deals presented. Churchwell said Arch s ownership stake in start-ups depends on the services we re providing. They want up to 50 percent ownership of the company, reserving 25 percent for investors and 25 percent for management.
Royalties call for five percent of net sales.
If the technology is a result of federal funding, it has to go through the University and Arch. We learned long ago how hard it is to create our own company. Occasionally, Churchwell explained, technologies would go wanting for support. Arch won t know how to commercialize it. If there s no interest, the university gets back to professors with a release within 90 days.