The Kennesaw State University Research and Service Foundation (KSURSF), Inc. is the contracting entity for externally funded projects at KSU. KSURSF was incorporated under Georgia law as a nonprofit corporation on September 7, 2005 and was granted 501(c) (3) status on December 20, 2007, with August 29, 2005 as the effective date of exemption. KSURSF serves Kennesaw State University as a University System of Georgia-approved cooperative organization.
KSURSF’s status as a 501 (c)(3) enables it to manage externally funded research and service projects for the University while minimizing the impact of restrictive state contracting and financial procedures. KSURSF is the applicant institution for all proposals for external funding, and awarded projects are subcontracted to KSU under a master agreement between the KSURSF and the University. KSURSF also manages the fiscal affairs for special purpose institutes and centers affiliated with the University.
KSURSF manages intellectual property and performs technology transfer functions for the University, taking assignment of inventions; obtaining patent, trademark, and copyright or other intellectual property protection; working with faculty to patent discoveries that have commercial and economic potential; and licensing inventions to the private sector in return for sharing royalty income with the faculty inventors to further the research mission of the University and support expanded faculty scholarship opportunities. KSURSF may also secure venture capital to support incubators and startups for relevant intellectual property development by KSU faculty and staff.