Agreement Overview
These Terms and Conditions govern the relationship between the Tanzania Academic Research Entrepreneurial Framework Association (TAREFA) and individuals submitting innovative research for support and commercialization.
Key Definitions
- Innovative Researcher: The individual responsible for creating and owning the innovative research submitted to TAREFA.
- Commercialization: Activities that transform research into a viable product or service.
- Copyright and Ownership: The Innovative Researcher retains ownership of their research.
Responsibilities of TAREFA
- Provide support to develop research into a market-ready product or service.
- Assist in securing funding, grants, or loans.
- Guide the Innovative Researcher in publishing their work in reputable journals.
- Support the acquisition of intellectual property protections.
- Facilitate obtaining a Tax Identification Number (TIN).
- Develop marketing strategies, create websites, and provide market access.
Membership Obligations
- Submit original research and ensure its security.
- Provide all necessary documentation, including proof of ownership.
- Comply with TAREFA's guidelines for fund utilization.
- Maintain active membership by paying an annual membership fee.
Ownership and Intellectual Property
- The Innovative Researcher retains full ownership of their research.
- TAREFA is granted the exclusive right to commercialize the research under mutually agreed terms.
- Intellectual property rights will be registered under the Innovative Researcher's name.
Revenue Distribution
The distribution of revenue will be determined through mutual agreement between the Innovative Researcher and TAREFA at a later stage.
Termination of Agreement
- By mutual agreement in writing.
- Breach of terms by either party.
- Non-payment of membership fees for two consecutive years.
Governing Law
These terms and conditions will be governed and interpreted under the laws of Tanzania.
