Spin Out @ UCL

Spinning out can be a way to bring academic innovation to have a real-world impact. There are several schemes to spin out, and this will depend if you are 1) UCL staff, honorary or student, and you have 2) protectable IP or not.

• You are UCL staff and have protectable IP: a spin out might be a viable option (but not the only one). UCLB will help you create a company, manage and pay for IP protection, recruit the team and advisors, train you for pitching with investors and take a seat on the board in the early phases. For these services, UCLB will have an equity stake in all the companies they help create, and continue to support and nurture UCL spinouts over the long term.
• You are UCL staff but have non patentable IP: Usually, if your IP isn’t patentable (e.g. software, know-how or algorithmic methods), a spinout might still offer the best route to market/impact. UCLB’s Portico Ventures model is designed to help UCL researchers develop spinout companies based on IP developed at UCL.
• You are UCL staff and have a non-profit business idea: If your research has the potential to make a difference in people’s lives, tackle environmental issues or meet community needs, UCLB can help you to set up a social venture.
• You are a UCL student and have protectable IP: the situation for students and PhD students is different from UCL staff (post-doc, professors..) because they own their IP. Please contact UCLB to discuss your situation or you might want to see whether UCL Innovation and Enterprise has a solution that fits you. Enterprise | UCL Queen Square Institute of Neurology - UCL – University College London

Please contact Dr Eleonora Lugara' or your UCLB manager to discuss your options.