a researcher holds a metal box while surrounded by copper coil structures

Strathclyde Entrepreneurial Network Spin-out support

View a list of our spin-out companies

Our Commercialisation Team offers support to Strathclyde academics, research staff and postgraduate research students looking to turn their research ideas into commercially-viable opportunities. They help in the formation of new companies that are based on University-owned Intellectual Property.

 

How it works

Stage 1: Opportunity registration

Register your new opportunity on the inventor portal. Once submitted, a member of the Commercial Team will be in touch to discuss your opportunity. Any initial questions can be sent to iprmanager@strath.ac.uk

Stage 3: Opportunity progression

A clear route to market has been identified and is being progressed towards an outcome (licence or new company formation).

Stage 5: Opportunity approval

This is the second gate for new company formation. A final business plan, which is required to show 18 months of financial stability, is submitted for formal approval of new company formation. Approval may be subject to conditions precedent (e.g. appointment of key staff, investment, licence agreement and conditions subsequent). Approval is signed by the Director of RKES and countersigned by an Associate Principal.

More information

It's important to note that it's not possible to put a fixed timeframe on how long each stage should take as every opportunity varies in the stage of development, market readiness, founding team requirements and the investment required. As such, some opportunities may achieve commercialisation outcomes in a relatively short timescale, perhaps 12-18 months from opportunity recognition, but for others, it can take considerably longer.

Discover more about company creation at Strathclyde

Meet our entrepreneurs

Strathclyde Makes Significant Investment in 3F Bio

The six-figure investment forms part of a financing round, worth a total of £6.16 million, in 3F BIO, which was spun out of Strathclyde Institute of Pharmacy and Biomedical Sciences in 2016.

The Start-Up Drinks Lab Awarded £75k from Scottish EDGE

Craig Strachan and Hannah Fisher were awarded £75,000 at the Scottish EDGE Round 12 finals for their business The Start-Up Drinks Lab.