G V L Berkeley University College London Schooling
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UCL has a proof of concept funding program to help bridge early stage university technologies to commercialization. It has invested £1.8 million since 2004 supporting 70 projects across biomedicine, physical sciences, and their interface. Outcomes include 10 spinouts, 6 licenses excluding spinouts, 14 projects securing downstream funding, and 30 still in progress. Case studies highlight projects that led to a spinout in wireless sensor networks for rail and an exclusive license of a liver disease therapeutic to a company.
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G V L Berkeley University College London Schooling
- 1. Dr Steven Schooling Director, Engineering and Physical Sciences UCL Business PLC Proof of Concept Funding: “ Accelerating Commercialisation of University Technologies” 19 November 2009
- 11. Dr Steven Schooling Director, Engineering and Physical Sciences Email: [email_address] Tel: 020 7679 9000
- 12. Benchmarking: Scottish Enterprise PoC scheme £1.5m £5.8m 41 No Commercial Outcome £33.9m £17.5m 111 Total £5.5m £5.2m 31 Progressing to commercialise £5.4m £1.1m 7 Collaborations £0.5m £0.6m 5 Stand-alone Licenses £21.0m £4.8m 27 Spinouts Leveraged Finance Scottish Ent PoC funds Number