Date: Tuesday 17th JanuaryTime: 13:00 – 16:00Location: EB708, Executive Business Centre, Lansdowne Campus, BH8 8EB
This session is an opportunity to discuss innovation in research and university spin outs. Visiting Professor Tom Kenny will provide some background to university spin outs and startups – what are they? And how do they happen?. Tom is also CEO of Spoonful of Sugar. There will be examples from BU academics and an opportunity to discuss knowledge exchange at BU. We will also hear from Andy Burroughs, Commercial Director at Wessex Academic Health Science Network (AHSN) about innovation in Dorset and whether we can get med tech to patients faster.
13:00 – 14:00: Healthcare businesses/ university spin outs and start-ups; what is it all about? – Tom Kenny, Visiting Professor and CEO of Spoonful of Sugar
14:00 – 15:00: Examples of spin outs and start-ups – Professors Alison McConnell & Tamas Hickish
15:00 – 15:30: Jayne Codling and Rachel Clarke – KTPs, Student Project Bank, Innovation funding – to include HEIF and Innovate UK, Business connections and networking
15:30 – 16:00: Can we get med tech to patients faster? – Andy Burroughs, Commercial Director, Wessex AHSN
16:00 – 16:30: Panel Q&A
UK universities earned £4.2 billion from provision of services to businesses and collaborative research in the 2014-15 academic year, up from £3.9bn the previous year.
The latest Higher Education Business and Community Interaction Survey (2014 – 2015), published on 7 April by the Higher Education Statistics Agency
, looked at all publicly funded UK higher education institutions and their interactions with businesses and other organisations.
In 2014-15, the largest chunk of this income was from collaborative research involving public funding, which reached £1.26bn, up from £1.14bn in the previous year. This was a change in emphasis, as in 2013-14 universities gained most of their income from contract research. However, contract research earnings also increased between 2013-14 and 2014-15, from £1.2bn to £1.21bn.
Universities also upped their earnings from courses for business and the community by £35m to £715m, from regeneration and development programmes by almost £22m to £205m, and from intellectual property by £24m to £155m.
The analysis also includes information on the number of spinouts and start-up companies created by UK universities, and shows that the number of graduate start-up companies created in 2014-15 was 4,160, lower than the 4,581 companies started in 2013-14.
However, the total number of active firms with some involvement from a higher education provider in the UK was 13,045 in 2014-15, up from 11,856 in 2013-14.
The Higher Education Funding Council for England will publish its analysis of the data for England later in the year.
This article was posted in Research Professional.
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Bournemouth University is a member of PraxisUnico. This membership is for the whole organisation – colleagues across the University will find it helpful to sign up to receive the mailing list to have the NewsUpdate sent to your inbox (news and information from across the sector, distributed every month to over 5000 individuals around the world). Other information channels include the website, Blog and Twitter feeds of interest.
PraxisUnico is responsible for the range of activities which facilitate the commercialisation of university, public sector and charity based research. The PraxisUnico website acts to signpost information relating to UK KT activity, expertise, success and impact – it gives Members a platform to promote to a range of stakeholders including government, industry, funders and overseas organisations – all of whom are regular visitors to the PraxisUnico website (and recipients of wider communications) as a valued information source.
As a member organisation BU can advertise items on the website free of charge – a great way to share latest news, achievements and job opportunities! Relevant content is also included in the NewsUpdate emails. Please send your content to firstname.lastname@example.org. The website also features various a range of practical tools and resources for those working within the commercialisation profession, key resources are restricted to members only.
The annual conference will take place in Stratford-upon-Avon, 15-17 June, registration will open in the New Year.
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The Royal Academy of Engineering’s Enterprise Fellowship scheme supports outstanding entrepreneurial engineers, working at a UK university, to spin out a business by providing funding and an intensive, bespoke package of training and mentoring.
Prior experience of commercialisation activities is not essential, the desire and capability to succeed is more important and we will equip you with the necessary skills through a programme of training and mentoring.
The Fellowships provide £35,000 of salary support and £25,000 for the continued development of the innovation and associated spin-out company.
Applications close 7 September.
For more information on how to apply please visit www.raeng.org.uk/enterprisefellowships