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Tim Fishlock UCL Business PLC Advice and guidance on protecting and exploiting (UCL) intellectual property (IP) Determine who owns the IP Assess the potential value of UCL IP Including managing Proof-of-Concept funds File, finance and manage patent applications Commercialise

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Presentation Transcript
ucl business plc
Advice and guidance on protecting and exploiting (UCL) intellectual property (IP)

Determine who owns the IP

Assess the potential value of UCL IP

Including managing Proof-of-Concept funds

File, finance and manage patent applications

Commercialise

License to an established company

Commercialise through a UCL spin-out company

UCL Business PLC
mechanisms for knowledge transfer

UCL Business PLC

Mechanisms for Knowledge Transfer

Supporting KTPs & EngDs with Companies

Fostering Strategic R&D Collaborations

IP Development (Technology & Commercialisation Strategy

Spin-Out Companies

Creating Consultancy Engagements

Development of Collaborative Research (e.g. DTI Tech Programme)

IP Assessment & Patenting

IP Licensing

proof of concept funds
Supports projects typically 3-6 months

Funding of £25K - £50K

Activities Proof-of-Concept funds support:

Building a demonstrator to show that an invention works in practice

Improving an Intellectual Property position (e.g. further work to exemplify or broaden patent claims)

Market and business analysis to demonstrate the commercial potential of a proposition

Proof-of-Concept Funds
ip ownership
UCL owns IP developed by staff

Students may own their own IP but this is often assigned to UCL

UCL assigns IP to UCL Business PLC for commercialisation

UCL Business PLC shares revenue with inventors, department and UCL

Over £50M from translational activities to UCL

IP Ownership
revenue share policy
Revenue Share Policy
  • The Net Cumulative Income is what remains after the costs directly associated with commercialisation are subtracted from the gross income.
  • The Exploitation Fee is intended to cover the overall costs of commercialising an IP portfolio over the long run, including the cost of the infrastructure such as staff and facilities needed to support the commercialisation efforts.
strategic industry partners
Qinetiq

Qinetiq and UCL have a framework agreement for collaboration - one of 12 UK universities.

Having met to discuss areas of mutual interest/strength, it was agreed that the areas of  'new materials' and 'materials modelling‘ should be one of the initial areas of focus

Qinetiq are holding technology ‘open days’ where University partners are invited to their Malvern labs to meet their scientists and discuss areas of mutual interest with a view to collaboration

Roll out this model to other strategic partners. For Example:

Johnson Matthey

BP

Strategic Industry Partners