Faculty‑Owned Businesses & Start‑Ups: What You Need to Know

Conflict of Interest Guidance for Faculty

Faculty innovation and entrepreneurship are encouraged—but faculty‑owned businesses can create conflicts of interest or commitment if not structured carefully. This site provides practical guidance to help you navigate start‑ups, consulting, and collaborations with your company while protecting you, your students, and the university.

When Does a Faculty‑Owned Business Become a COI?

Conflicts of interest generally arise when a faculty member’s university responsibilities overlap with private business interests through any of the following:

  • Time commitments
  • Financial interests
  • Use of university roles or resources

Many conflicts can be managed if identified early. If you are considering starting a company, consulting, or collaborating with your own business, we encourage you to contact the COI Office early.

Getting Started with Start-Ups
We encourage you to contact the COI Office as soon as you begin exploring a start‑up. Completing the Start‑Up Questionnaire will help identify potential conflict of interest risks early and guide next steps.

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