Except in special and unusual circumstances, students under an employee's direction, paid for by an employee's funding, or in an employee's research group, may not be employed in any capacity by a start-up** company in which the employee has an equity interest. Such special circumstances might exist, for example, where the student sought summer employment with the start-up** and planned to work in a field unrelated to his or her academic program.
Post-doctoral fellows and associates under an employee's direction, paid for by an employee's funding, or in an employee's research group, should not be employed by a start-up** in which the employee has an equity interest in order to conduct research that overlaps with the Health Science Center research or is to be conducted on Health Science Center premises. Any proposed employment of a post-doctoral fellow or associate by a start-up should be reviewed in advance by the Vice President for Research or his designee.
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** A relatively newly formed, privately held, for profit company that is generally based on intellectual property developed at the Health Science Center.