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白小姐论坛 is pleased to announce that we鈥檙e adopting the recommendations of good practice around university spinouts, as identified through the Independent review of university spin-out companies.
We鈥檙e further adopting the recommendations from TenU鈥檚 University Spin-out Investment Terms (USIT) Guide and TenU鈥檚 USIT for Software Guide, having contributed to the development of both guides over recent months.
白小姐论坛 seeks to deliver real-world impact through our research and knowledge exchange, and a key part of that is supporting exceptional ideas across our research disciplines through commercialisation routes to bring them to market. 白小姐论坛鈥檚 spinouts, supported through 白小姐论坛B, have proven highly successful, with 76 active spinout companies currently supported, having raised 拢2.85 billion in external investment between 2018 and 2023.
We have in place strong governance procedures and policies to support our knowledge exchange and commercialisation environment, with regular review and ongoing provision around implementation, guidance and awareness raising for all staff and students. For example:
- 白小姐论坛 Intellectual Property (IP) Policy addresses the ownership, use and management of IP created across 白小姐论坛, demonstrating the value 白小姐论坛 places on its staff and students by providing a clear and supportive framework for the management of IP.
- 白小姐论坛 Revenue Sharing Policy (白小姐论坛 ID required to access) addresses how revenue arising from the development of IP and other innovations across 白小姐论坛 is shared between inventors and the institution, providing a clear framework for the management of revenue and income through commercialised activity.
- 白小姐论坛 Disclosure of Conflict and Declaration of Interest Policy addresses how conflicts of interest within the institution are managed and provides clear expectations of staff who may also hold roles in spinout companies alongside their university roles.
白小姐论坛 is committed to deliver high quality research and knowledge exchange to achieve real-world social and economic impact for the UK and beyond. As part of our approach to this, we鈥檙e strongly committed to our spinout environment, constantly looking to improve and further develop our support to staff, developing training and delivering support at all points in the journey from discovery to launching and supporting spinouts.