Tim Fishlock UCL Business PLC

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Tim FishlockUCL Business PLC
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UCL Business PLC

• Advice and guidance on protecting and exploiting
  (UCL) intellectual property (IP)
• Determine who owns the IP
• Assess the potential value of UCL IP
• Including managing Proof-of-Concept funds
• File, finance and manage patent applications
• Commercialise
• License to an established company
• Commercialise through a UCL spin-out company

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Mechanisms for Knowledge Transfer
UCL Business PLC
Supporting KTPs EngDs with Companies
Fostering Strategic RD Collaborations
IP Development (Technology Commercialisation
Strategy
Spin-Out Companies
Creating Consultancy Engagements
Development of Collaborative Research (e.g. DTI
Tech Programme)
IP Assessment Patenting
IP Licensing
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Proof-of-Concept Funds

• Supports projects typically 3-6 months
• Funding of 25K - 50K
• Activities Proof-of-Concept funds support
• Building a demonstrator to show that an invention
  works in practice
• Improving an Intellectual Property position (e.g.
  further work to exemplify or broaden patent
  claims)
• Market and business analysis to demonstrate the
  commercial potential of a proposition

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IP Ownership

• UCL owns IP developed by staff
• Students may own their own IP but this is often
  assigned to UCL
• UCL assigns IP to UCL Business PLC for
  commercialisation
• UCL Business PLC shares revenue with inventors,
  department and UCL
• Over 50M from translational activities to UCL

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Revenue Share Policy

• The Net Cumulative Income is what remains after
  the costs directly associated with
  commercialisation are subtracted from the gross
  income.
• The Exploitation Fee is intended to cover the
  overall costs of commercialising an IP portfolio
  over the long run, including the cost of the
  infrastructure such as staff and facilities
  needed to support the commercialisation efforts.

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www.uclb.com
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Strategic Industry Partners

• Qinetiq
• Qinetiq and UCL have a framework agreement for
  collaboration - one of 12 UK universities.
• Having met to discuss areas of mutual
  interest/strength, it was agreed that the areas
  of  'new materials' and 'materials modelling
  should be one of the initial areas of focus
• Qinetiq are holding technology open days where
  University partners are invited to their Malvern
  labs to meet their scientists and discuss areas
  of mutual interest with a view to collaboration
• Roll out this model to other strategic partners.
  For Example
• Johnson Matthey
• BP