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*What do they do with their IP (license/transfer)
*What are they valued at
 
==Micro Entities==
 
Include institutes of higher education (those meeting definition in 20 U.S. Code § 1001: https://www.law.cornell.edu/uscode/text/20/1001
: either an employee of institute of higher education OR
: rights to patent will be assigned to institute of higher education
:: however if the university applies for a patent with the university as the investor/applicant then cannot be a microentity
 
==Small Entities==
 
Is a person or small business
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