This paper focuses on developing first stage or entry level Technology or Knowledge

Transfer activities in relative young universities. The method used is adapting business

plan approach to universities’ development work. Our main focus lies on the concept of

Knowledge- or Technology Transfer Organisation. The qualitative data consists of

workshops conducted in Albanian universities during 2013 and 2014, and the results of

the development work done in the Albanian universities. Critical Success Factors for

establishing an effective Technology Transfer Organisation are evaluated with the

observations in these universities. In addition, the critical functions for a Technology or

Knowledge Transfer Organisation are located on a Business Plan Template.