UK academic institutions will also have access to a £40m ($50m) pot for proof-of-concept funding. Although that is very little by international standards, it could still lead to as many as 80 new spinouts that wouldn’t have happened otherwise.

In Asia, Japan has demonstrated its ability to build a formidable ecosystem of university venture funds — some of which rival even the size of Oxford Science Enterprises, the world’s biggest such investment company in spinouts.

And in the US, the University of Kentucky’s Estate Whiskey Alliance is a unique new partnership that focuses on an industry not traditionally associated with commercialisation but that stands to benefit from research into sustainable agriculture, waste management and tree harvesting.

Here is a look at the highlights of the last season of the Beyond the Breakthrough podcast.

This is Thierry Heles’ farewell episode of the Beyond the Breakthrough podcast.

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But it’s just the start. The University of Southampton has used the USIT Guide to develop a Deal Readiness Toolkit. It’s an effort to standardise and harmonise spinout deal negotiations, with templates, checklists, and advice on process improvement, says Diana Galpin, director of enterprise and knowledge exchange at the institution.

Ross McNaughton, a partner at law firm Taylor Wessing, welcomes the approach and says he’s keen to see a UK version of US-BOLT, a template term sheet for life science spinouts developed by a group of universities, VC firms and law firms in 2020.

For Michelle Barbour, associate vice-chancellor for enterprise and innovation at the University of Bristol, the USIT Guide and the discussion about equity stakes has been an opportunity to educate professors for whom a spinout had previously never been on the cards but who were now interested to learn more.

And Owen Metters, an investment manager focused on deep tech at Octopus Ventures, argues universities should use their newly found confidence in negotiations to follow venture capital’s power law and spin out more companies more quickly — acknowledging that most will fail but the winners will deliver outsized returns.

Diarmuid O’Brien, the pro-vice-chancellor for innovation at the University of Cambridge, leads the panel discussion, recorded at the TenU summit at the Tate Modern in London last month.

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But is it enough money? Andrew Williamson, managing partner of venture fund Cambridge Innovation Capital, says he was delighted by the announcement because he was told by the government initially that there was no money at all, and then that they would provide £20m over three years.

The commitment remains small by international standards. Paul Van Dun, general manager of KU Leuven Research and Development, says the five universities in Belgium’s Flanders region have access to five times as much money. Anne Lane, chief executive of UCL Business, the tech transfer arm of University College London, was able to build an internal pot of £7.5m thanks to a successful spinout exit but the university still needs more money to fund every opportunity.

Andrea Taylor, chief executive of Edinburgh Innovations at the University of Edinburgh, says it is even harder in Scotland, where the government’s formula isn’t as generous when it comes to higher education innovation funding.

For Russell Schofield-Bezer, chief executive of consultancy RSB Advisory, proof of concept funding ought to be part of the country’s industrial strategy: if the UK wants more quality spinouts, it has to put money into the proof of concept stage necessary to create commercially viable businesses.

This podcast was recorded at the TenU summit at the Tate Modern in London last week.

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Among these points was a call to adopt the USIT Guide, a template for term sheet negotiations that asks universities to take a stake of between 10% and 25% in life science and physical science spinouts. Today this has been adopted by 49 institutions throughout the country.

Williamson says he’s glad the “myopic” focus on equity stakes has been put to rest and the conversation can shift to the great work that is being done at universities. One of the ways that work will be highlighted is with a database of all spinouts from UK universities, due to be released in spring 2025, thanks to the support of Research England, whose chair Jessica Corner leads the fireside chat in this episode of the Beyond the Breakthrough podcast.

But what more could, or should, be done? Research England has also committed capital to a series of pilot projects for joint tech transfer offices — such as one led by the University of the Arts London focused on social sciences and humanities — and the review led to the creation of a £40m ($50m) pot for proof-of-concept funding.

This fireside chat was recorded at the TenU Innovation Summit at the Tate Modern art gallery in London earlier this week.

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UK Innovate, the institution’s commercialisation arm, is spearheading a new organisation called Estate Whiskey Alliance (EWA) that will allow members to access and help guide research in areas such as sustainable whisky production and regenerative farming.

Run by director Landon Borders and operations manager Alexa Narel, the alliance builds on the university’s expertise through its James B. Beam Institute for Kentucky Spirits. But it’s not just for Kentucky: there’s already one co-founder from Canada (spirit producer Black Fox Farm and Distillery), and Estate Whiskey Alliance plans to expand into other whisky-producing nations such as Scotland and Japan.

There will be a highly visible benefit for consumers, too: the Estate Whiskey Alliance will authenticate and certify whisky made to strict, high standards — from milling to fermentation to barreling and ageing, everything has to occur on the distillery’s estate, and at least two-thirds of the mash bill grains have to be grown on estate-controlled land.

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Researchers with promising technology in the UK can apply for public innovation agency Innovate UK’s pre-accelerator programme ICURe, which supports them in reaching out to 100 potential customers to understand the market viability of their idea.

It’s a powerful initiative that helps would-be founders understand if their idea can make a good business and what it should look like. But securing money wasn’t, until recently, part of that programme and researchers weren’t taught to ask for cash — the thinking was that anything inventors had to offer at this stage didn’t yet have commercial value.

Pearse Coyle, founder and partner of the Deeptech Seed Fund, says that’s the wrong approach. He worked with Innovate UK to change the ICURe programme. The solution is a scorecard outlining potential customers’ willingness to pay for a pilot project and engage seriously with a spinout.

Coyle’s thesis is that spinouts that demonstrate this early traction are much more likely to be successful in the long run. He argues that spinouts should focus on asking for money early on — long before there’s a finished product — and avoid spending time in incubators which may add no value.

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It puts Asian universities behind those in the US, Europe, Australia and New Zealand, though the Japanese ecosystem deserves recognition for being very mature: out of 13 universities on the list, 11 have at least one fund. The University of Tokyo Edge Capital Partners is also a rare example of a fund that invests overseas, rather than just in spinouts or the local ecosystem.

On this episode of the Beyond the Breakthrough podcast, we are turning the table on usual host Thierry Heles, who wrote the analysis, with editor Kim Moore asking the questions.

You can listen to a previous episode, discussing the US and Europe findings, here.

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Maria Roche, an assistant professor at Harvard Business School, examined the funding and exits of hundreds of biotech spinouts and discovered that if the startup’s technology is closely linked to the research in the original lab or the faculty is a founder, the spinout is much less likely to raise significant funding. Having an academic founder also doesn’t improve the odds of being acquired or going public.

For PhD students in the academic founder’s lab, the experience can be miserable because suddenly, this great mind they were hoping to learn from is busy running a startup. That has long-term implications: these students publish fewer studies themselves and are significantly more likely to go into consulting rather than becoming researchers themselves.

Roche is not against spinouts per se but warns that universities don’t seem to be aware of the cost. In this week’s episode of Beyond the Breakthrough, she offers tips on how to mitigate these effects.

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More top European universities have access to university venture funds than the US’s most research-intensive institutions — that’s the finding of Global University Venturing research published this summer. But the story isn’t quite that simple. Both geographies count an equal number of funds, but multi-university venture funds (investment vehicles backing spinouts from two or more institutions) are a more common feature in Europe.

One reason for that is deal flow: Ireland, for example, saw a total of 26 new spinouts founded in the whole country last year so a fund for a single institution wouldn’t be sustainable. Indeed, the Atlantic Bridge-managed University Bridge Fund is backed by multiple universities and invests throughout the nation.

Surprisingly, while raising a venture fund is a live discussion at universities on both continents, some are against setting up an investment vehicle to the point of declining money offered by alumni. There’s a few reasons for this, including financial risk, that we’ll dive into on this episode. Fill out a brief survey to help us with more university venture fund research.

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This season also featured discussions around university venture funds (Anita Nel at Stellenbosch University and its University Technology Fund) and investing in the construction sector (Ilian Iliev at NetScientific).

We also tried to answer the question of what makes an ideal spinout founder with GUV’s own Fernando Moncada, as well as an episode guest-hosted by Imperial College London’s Simon Hepworth that specifically looked at immigrants as founders. John Dearie (American Center for Entrepreneurship), Alice Li (Cornell University’s Center for Technology Licensing), Desmond Cheung (an investor with Foresight Group) and Dorian Haci (founder and CEO of Imperial spinout MintNeuro) all contributed to that panel discussion.

Beyond the Breakthrough is taking a summer break — but keep your eyes peeled for a bonus episode or two coming later this month!

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He also argues that the country’s remoteness actually makes space tech a strength for New Zealand, although the nation still struggles with a lack of serial entrepreneurs despite the fact that many people are open to trying their hands at a startup.

Auckland UniServices is also unique in that it doesn’t simply create its own spinouts and startups, but also operates businesses – including one that trained medical staff in delivering the covid-19 vaccine across New Zealand and several Pacific island nations.

Today we’re revisiting a classic episode from the archives. If you want to know more about Auckland UniServices, head on over to globalventuring.com/university where you can find a brand new op-ed from Andy’s colleague Will Charles looking at why university venture funds and low equity stakes are important.

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External investors have taken note too: since the University Technology Fund (UTF) was launched with the backing from public-private investment vehicle SA SME Fund, there have been “hundreds of millions of rand” (ZAR100m = $5.4m) invested in the startups incubated by the university, says Brandon Paschal, the deputy director for spinout companies and funds who is also in charge of incubator LaunchLab.

The fund is a first not just for Stellenbosch University or South Africa, but for the whole continent because it invests solely in university spinouts from Stellenbosch University and the University of Cape Town (while University Mohammed VI Polytechnic in Morocco also has a fund, UM6P Ventures, though that one invests in startups across Africa).

The first University Technology Fund, which raised ZAR230m, has been deemed a success. Now, a second fund is being raised with one key difference: it will be a national fund after Nel overcame early hesitancy from other tech transfer offices in the country.

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But there are obstacles that governments around the world put in front of such people and those they subsequently want to hire for their startups. In the US, for example, the number of H-1B visas (which allow companies to hire foreign talent) is capped and only 65,000 such visas can be issued in total each fiscal year.

And while large corporations have the financial and legal resources to navigate routes like the H-1B or Global Talent visa in the UK, startups typically lack these means and so can miss out on talent even when they’re developing technology in a field that only has a handful of experts around the world.

John Dearie, president of the Center for American Entrepreneurship which lobbies policymakers for changes, points out that “the United States is the only industrial democracy on the planet that does not have a visa category specifically designed to attract and retain foreign-born entrepreneurs”.

Dearie is joined on this episode of Beyond the Breakthrough by three people who have first-hand experience of the challenges, and opportunities, around immigration: Alice Li, executive director of the Center for Technology Licensing at Cornell University; Desmond Cheung, senior associate at Foresight Group; and Dorian Haci, founder and CEO of neural implant startup MintNeuro.

Simon Hepworth, director of enterprise at Imperial College London, leads the discussion, which marks the third and final part in our mini-series in partnership with tech transfer association TenU on building spinouts.

Further listening

Part 1 of this mini-series: The key ingredients of successful spinout teams Part 2 of this mini-series: Funding for all — unlocking diversity in spinouts

Alice Li previously joined the Beyond the Breakthrough podcast for an in-depth conversation about Cornell University’s ecosystem. Listen to that episode here.

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And Cardiff is going all in: the institution is a founding member of Aspect, a UK-based multi-university organisation that was set up to drive the creation of social sciences spinouts. Two years ago, Cardiff opened a six-storey incubator, called sbarc|spark, which is dedicated to social sciences and home to the tech transfer office itself.

Devlin — who’s been in the job for 18 months — can already claim early successes such as HateLab, a platform to detect online hate speech and crime, that began as a social sciences research project but last year was spun out as Nisien.ai.

Devlin is also working with his boss Vanessa Cuthill and vice-chancellor Prof Wendy Larner to make sure tech transfer is measured by impact, rather than just VC investment raised — a metric that makes sense for life sciences or software spinouts, but not for social sciences.

Further listening

Learn more about SETsquared in our interview with the enterprise partnership’s interim executive director Marty Reid.

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And NetScientific is now doubling down on the cluster, chief executive Ilian Iliev says, after having taken over its local peer Martlet Capital, a firm that had been the corporate venture arm of aerospace and defence company Marshall Group for nine years until 2021. The move was the natural conclusion to EMV Capital’s earlier decision to become an investor in Martlet.

EMV Capital is now exploring launching new funds under the Martlet Capital brand. Already, the acquisition has helped NetScientific nearly double its assets under management to more than £100m and more than doubling the portfolio to 70 companies.

Iliev, who first joined the podcast in March last year, returns also to discuss NetScientific’s decision to acquire a 30% stake in Wanda, a remote patient monitoring platform. It’s an unusual full-circle moment for the portfolio company and the investor: Wanda was majority-owned by EMV Capital until 2019 (this predated EMV Capital’s own merger with NetScientific). Noting that there can be “poetry in finance”, Iliev explains how the world’s shift to telemedicine accelerated by the pandemic has made Wanda a valuable proposition to an investor like NetScientific once again.

Further listening

Ilian Iliev first joined Beyond the Breakthrough in March 2023. Listen to that episode now to learn more about NetScientific and EMV Capital’s history and why the firm is bullish on deeptech, healthcare and the Cambridge cluster.

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Universities, by their very nature, have always been strong centres of innovation. Scientific discoveries are routinely made in university research labs – but spinning those discoveries out into an operational business comes with numerous hurdles.

Academics who go on to found companies based on their research have not just a steep learning curve to adapt to the new commercial environment, but also a wider shift in their mindset. The lab, after all, is a much different place than the market.

Fernando Moncada — senior reporter for GUV and host of our other podcast, CVC Unplugged — spoke to a number of startup founders and investors for an article to learn more about what some of those things are that academics-turned-entrepreneurs have to deal with and navigate through to get their brainchild out of the university and into the real world. Getting up to speed with the business world, learning to choose the most viable path for your technology, getting used to the constraints of being a business that needs investment, and effectively communicating their technology are just among some of the things they need to reckon with.

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Duncan took a trip to Boston last year where he realised that even the Massachusetts Institute of Technology had benefited from creating The Engine, which has a fund and a deeptech incubator.

To do something similar back home, Duncan found a willing partner in Miles Kirby, chief executive of Deeptech Labs, an accelerator and fund that began with a focus on the Cambridge ecosystem but is today attracting startups from all over Europe.

The two teamed up to launch NG Studios powered by Deeptech Labs, a 10-week accelerator programme that teaches academic founders how to approach their fledgling businesses as potentially world-changing unicorns and to go after big funding rounds. It does it, for example, by bringing in industry experts for 1:1 insights and world-class mentors like serial entrepreneur Stan Boland, who has sold multiple companies (such as fabless semiconductor manufacturer Icera to Nvidia for more than $367m).

It also does it through a demo day, bringing hundreds of potential investors to the north of England, a region historically ignored by VCs that have tended to focus on the golden triangle of London, Oxford and Cambridge.

The first cohort of NG Studios are advanced materials developer Auxetec, robotics software platform BOW, cybersecurity company Cavero, microbial biomanufacturing systems developer Evolutor, single molecule spectroscopy tool producer Exciting Instruments, and protein microgel developer MicroLub.

Further listening

• Duncan Johnson on the creation of Northern Gritstone and its impact on the north of England
• Miles Kirby on using his Silicon Valley expertise to build Deeptech Labs

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Disclaimer: Mawsonia Ltd is a limited partner in Deeptech Labs.

It is not just venture capital investors that are engaging with these startups. Corporate investors seeking to decarbonise their supply chains are seeing opportunities to partner and finance these early-stage startups at the seed investing stage.

Hear from Tony Boccanfuso (UIDP), Prof Jenny Kuan (California State University, Monterey Bay), Tatiana Litvin-Vechnyak (Georgetown University), Kelley Rich (University of Notre Dame), Kevin Leland (Halo), Simon Hepworth (Imperial College London), Nii Dodoo-Amoo (Osage University Partners), Rayner Lim (Innovate UK), Allison Byers (Scroobious), Jo O’Leary (UKRI), Will Caldwell (SaVia Health), Gustavo Cavenaghi (Kortex Ventures) and Kim Moore (Global University Venturing).

Read Thierry’s article on the 1842 Fund mentioned in this episode.

I’d love to hear what stood out for you this season. Message me on LinkedIn.

Germany has been lagging behind outside the innovation hotspots of Munich and Berlin, but universities across the country are exploring new models to speed up IP licensing and come up with favourable terms, while removing the upfront financial burden of buying the IP rights from the university (a stifling factor at German institutions).

Today’s episode is a conversation between my colleagues Fernando Moncada and Kim Moore. Kim recently took a look specifically at a new model developed by TU Darmstadt called IP for Shares. What’s the stroke of genius? The university only gets shares in the spinout if there’s an exit.

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Further listening

Tas Gohir on creating an NHS fit for the 21st century

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Stanford may be a recognised world-leader when it comes to startups, but it mustn’t rest on its laurels. Sometimes that even means launching initiatives that others have long had — that is just one of the lessons that Karin Immergluck, executive director of Stanford’s Office of Technology Licensing, has learnt. Karin also tells us what the US can learn from its international peers, why TenU is an important component of her work and she examines the importance of erasing bias in hiring processes, including in leadership positions.

You can find a transcript of this episode on our website.

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In terms of spinouts, these founders not only face this bias in fundraising but even when it comes to negotiating with tech transfer offices. Often, they sit at the negotiation table in front of a white man, as was the case for serial entrepreneur Allison Byers.

Byers has learned to fight back — she helped pass a California bill that will force any VC active in the state to disclose diversity numbers for their portfolios from 2025.

She tells us more about that work on this panel discussion, the second in our miniseries on startup teams and hosted once again by Imperial College London’s director of enterprise Simon Hepworth. Rani Saad, founding partner of Apex Black, and Jo O’Leary, head of equality, diversity and inclusion at UK Research and Innovation, also offer actionable insights for founders, universities and investors.

Resources

All Raise, an advocacy group for female and non-binary founders and funders
The USIT Guide, a template for life sciences spinouts
No Limits, a platform by UKRI to connect researchers to new opportunities
Narrative CVs, a tool by UKRI to help researchers build better resumés
Peer Exchange Platform, a collaborative take on narrative CVs by the Marie Curie Alumni Association
The key ingredients of successful spinout teams, part one of our miniseries with TenU on building startups

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Connect with Thierry Heles on LinkedIn or via email.

Here’s how it works: corporates throw out their toughest challenges as precise questions like “how do we remove nitrogen from stormwater runoff?” (an issue that causes river pollution, and a problem Halo helped solve for Oldcastle Infrastructure). Researchers on the platform can then submit a proposal through a process that takes about half an hour — much quicker than writing most grant applications.

But what if the right professor isn’t on the platform? Halo also uses an AI tool to scan patent filings and contact experts directly. And it works with tech transfer offices to ensure they can bring opportunities to their researchers (and keep track of applications so all the paperwork is handled properly).

Best of all for researchers, tech transfer offices and startups: it’s completely free. Corporates pay an annual fee depending on the features they require. The model has allowed Halo, incubated at the University of Chicago’s innovation unit Polsky Center and founded in 2020, to attract more than 4,000 researchers across more than 100 countries. Its corporate clients include Takeda, PepsiCo and Unilever.

Kevin Leland, founder and chief executive of Halo, tells us how Halo grew out of an idea for a crowdfunding platform for early-stage drug development to a marketplace that now even handles philanthropic initiatives like Bayer’s Grants4Ag and enables startups to easily apply to corporate-run accelerators.

Further Listening

Learn more about the University of Chicago’s Polsky Center, where Halo was incubated, in episode 34 of the Beyond the Breakthrough podcast.

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That phenomenal stat comes from Nii Dodoo-Amoo, an investor with Osage University Partners, a US venture capital firm that backs university spinouts. But Dodoo-Amoo isn’t the only one who’s found this to be true: Herman Verrelst, founding partner of healthtech-focused investor Heran Partners agrees that what he’s dubbed the *Pipi Longstocking approach* — “I’ve never done this before so I think I can do it” — is helpful when it comes to spinouts, which are often businesses with a cutting-edge technology that requires a novel business approach.

Verrelst and Dodoo-Amoo are two of the panellists discussing how to build successful startup teams together with Anne Dobrée, director of programming for Founders at the University of Cambridge (a programmatic approach to building startup founding teams), and Rayner Lim, innovation lead for investment readiness at the British national innovation agency Innovate UK.

The discussion is led by Simon Hepworth, director of enterprise at Imperial College London, and was recorded in partnership with international tech transfer collaboration tenU. It is the first part of a mini-series and will continue with a focus on diversity next month.

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Rich recently signed a partnership with High Alpha Innovation, an Indiana-based venture studio operator that will put a venture studio, with a first focus on poverty, on campus. High Alpha is also the general partner running the 1842 Fund, a fund that will invest in university spinouts, as well as student and community startups. The fund, which has a target of raising $35m, will work in close partnership with the IDEA Center to fund impact-focused spinouts.

This is Notre Dame’s second university venture fund — its first, Pit Road Fund, is fully deployed. The university has decided against managing a second fund itself, in part because of a perceived conflict of interest, Rich explains in the podcast.

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How do you do tech transfer when the US federal government’s definition of “rural communities” covers your whole state and rural to you means 30 people that live 200 miles from the nearest road?

Thankfully for Mark, Alaskans are an entrepreneurial culture. And while it is also a culture that is yet to fully embrace innovation, Alaska’s remoteness means startups and founders are much more resilient than they might be in the lower 48 states.

We will be back with a brand new episode next Friday — listen to the end for a sneak peek of our conversation with Kelley Rich from the University of Notre Dame’s IDEA Center, which does things a little differently to your typical tech transfer office and employs a team of more than 30 students.

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Tatiana Litvin-Vechnyak, vice-president of the Office of Technology Commercialization (OTC) admits she underestimated the problem when she joined from Rutgers University a year ago, but she is finding ways to work with universities in Maryland and Virginia and creating links with federal and city officials.

One of the innovations that Litvin-Vechnyak has brought in since she joined the OTC is a highly structured — and large — internship programme. The first cohort of eight students is going through this programme right now. It’s helping Litvin-Vechnyak, who started as an intern at the University of Medicine and Dentistry of New Jersey, not to lose sight of what she found exciting and challenging when she first joined the profession.

UMDNJ would merge with Rutgers University in 2013, and she tells us how she navigated the complex task of negotiating a new, unified IP policy with two legacy faculties and unions.

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The startups coming out of Monterey’s local institution, California State University, Monterey Bay, tend to be different from the technology companies up the road: they’re coffee producers, sustainable packaging manufacturers and main street businesses like restaurants.

But Jennifer Kuan, associate professor of entrepreneurship and economics at the university believes these startups can still use some Silicon Valley tactics. Not only is she helping launch ventures in her role as deputy director of innovation and research at the entrepreneurship hub Startup Monterey Bay, she also co-founded être Venture Capital, which focuses on women and minority-owned startups across the US.

It’s part of a field experiment to replicate Silicon Valley — Kuan’s research has unearthed a few tactics employed by the original VC community in the Bay Area that might just be the secret sauce nobody else has tried, and she tells us what that is.

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Boccanfuso is the chief executive of UIDP, a non-profit association between large companies and leading research universities around the world. The invitation-only organisation has more than 200 members.

It all started with frustrations over negotiating sponsored research contracts, but UIDP’s work today goes beyond this. Boccanfuso tells us: “We tend to think about things in various verticals. … We also look at strategic engagement — how do you work comprehensively between organisations? — [and] we’re spending more and more time on talent and talent development and talent exchange.”

Among the guidance produced by UIDP is how to bring industrial PhD programmes to sectors outside of life sciences (where they are a common element) and educating the FBI on how foreign corporations might access research at a US university.

UIDP has also created much more ambitious programmes, such as an initiative focused on helping historically black colleges and universities in the US to become more research-intensive (which they have not traditionally been). And it is leading a US National Science Foundation-sponsored programme called Engineering Research Visioning Alliance, which is bringing together scientists, policymakers and others to drive engineering research in areas that benefit society.

You can also read a full transcript of this episode.

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Banding together means the six universities don’t just rival their peers in London, Oxford or Cambridge (portfolio companies have raised some £4bn to date), but in some areas are setting the pace: Bristol, for example, is responsible for a third of all quantum computing companies in the UK.

Marty Reid, interim executive director of SETsquared, sees potential in sectors that may be less obvious too, such as creative industries. Indeed, he argues, technologies like immersive gaming could have far-reaching applications — even in sectors like healthcare.

But SETsquared doesn’t just want to be for founders: it recently won a £1.5m award from Research England to transform and enable tech transfer at its member institutions, helping them to engage investors earlier and forge more fruitful relationships.

And those investors can know that they’ll get an incredibly diverse offering: some of SETsquared’s members have already reached near-parity of funding going into women-founded startups and the rest is catching up fast. Reid has immediate, tangible advice for any tech transfer office looking to do the same.

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Superconductors are also used in the development of fusion energy (they generate magnetic fields strong enough to contain the chemical reaction), they’re an integral part of the Large Hadron Collider, they’re being used in some approaches to quantum computing, and they’re being explored as transmission lines for the electricity grid and as a way to make offshore wind turbines smaller.

They’re not necessarily intuitive: superconductors must have defects to work — you might know that semiconductors are the opposite: they need to be (almost) pure. They’re also not without challenges — MRI scanners continue to rely on lead because no alternative has been found yet and figuring out how to create kilometre-long cables that could serve as power lines has taken three decades.

Prof Susie Speller is a fellow at St Catherine’s College and researcher in the Oxford Centre for Applied Superconductivity at the University of Oxford, where she helps corporates like Siemens Healthineers (which manufactures MRI scanners), fusion energy developer Tokamak Energy and scientific instruments company Oxford Instruments solve challenges around superconductors.

She is also a passionate science communicator and last year published a book on superconductors, A Materials Science Guide to Superconductors, that offers an accessible entry point into the field without glossing over the fundamental science behind it all. We find out what prompted her to write the book and how her interest in materials science began with a trip to the University of Cambridge when she was 15.

Global University Venturing chose to purchase a copy of Prof Speller’s book.

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How do you identify the right people and train them to embrace a more commercial way of thinking?

Nick McNaughton, CEO of PD Plus, which specialises in commercialisation services, has some ideas. PD Plus won the contract to manage the National Industry PhD programme in February 2023 and has completed the first two rounds. McNaughton tells us what he has learned from the exercise so far.

Among other things, PD Plus uses a tool called the Curiosity Index to monitor and track an individual researcher’s engagement over weeks, months and years and deploys targeted modules to guide them towards commercialisation.

Other countries are already keen to learn from this. PD Plus recently expanded overseas to upskill Britain-based researchers. The company has also expanded into New Zealand (where it’s hired previous podcast guest Anne Barnett) and plans to enter the US and Canada in the coming years.

In targeting these markets — which already collaborate on intelligence under the Five Eyes monicker — McNaughton hopes to tap into the growing awareness that emerging technologies like quantum computing are national security concerns where university researchers will play an important role.

Get free access to PD Plus in the UK

PD Plus is offering complimentary access to its webinar series to our listeners in the UK through the remainder of 2023. Simply email Ben Morrell at ben AT pdplus.co.uk to get access.

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The Guy’s and St Thomas’ NHS Foundation Trust is unique in England. Not only does it have this tech transfer office, but the team sits within a larger, well-resourced unit — the Centre for Innovation, Transformation and Improvement (CITI) — that handles everything from spinouts to consultancy to identifying efficiencies that can guarantee the long-term survival of the NHS. It even has its own venture fund, KHP Ventures.

Tas Gohir, senior intellectual property, innovation and commercial research manager at CITI, talks us through his office’s work and shares advice for founders and SMEs that are looking to get their product or service into the NHS.

He also tells us why money alone won’t solve all the NHS’s challenges, like long waitlists, why CITI works with local and international partners like the Cedars-Sinai Medical Center in Los Angeles, and he talks about his own research which is looking at challenges in the recruitment of tech transfer staff (if you work in a TTO and would like to contribute to this research, reach out to him).

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It’s one of the successes celebrated by Mark Mann, who started out in tech transfer at the BBC, moved to the University of Oxford and now runs his own consultancy business helping universities across Europe build spinouts with social impact at their core.

It’s not an easy task and raising capital can be a nightmare — Mann has seen his share of failures, such as his attempt to raise a fund on behalf of social venture collaboration Impact12 in 2020. But examples like SOPHIA Oxford show that these social impact spinouts can have real benefits, and can be a powerful force in international development.

But what do you have to watch out for when setting up a social venture? How does it differ from setting up a social enterprise? And are those challenges the same in every country? (Spoiler: No. In some jurisdictions, like the US or France, social ventures don’t exist as a legal concept.) Mann has advice for universities, would-be founders and PraxisAuril, the UK’s knowledge exchange association which recently hired staff specifically to bring social venture spinouts into the mainstream.

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She also helped build the BioInnovate programme, based on Stanford’s Biodesign Innovation Fellowship, which puts would-be founders into real-life clinical settings to develop products for concrete patient needs. The programme is set to expand across Irish institutions.

This focus on medtech isn’t without its challenges — demand for wet labs, for example, has far outstripped supply. Fiona is also keen that medtech doesn’t overshadow Galway’s other opportunities in energy, agritech and construction (and indeed, Galway is home to Ireland’s latest research centre focused on construction).

On this debut episode of Beyond the Breakthrough, Fiona also discusses the importance of US investors for Galway startups, the government’s role through economic development agency Enterprise Ireland and local investors like Atlantic Bridge, whose University Bridge Fund II is backed by the University of Galway.

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Over the past three and a half years, and 100 episodes, one key takeaway has been the fact that the public still doesn’t understand how university research gets into the marketplace — and that needs to change.

To do it, we’re not just changing to a more accessible podcast name, we are, crucially, also expanding the scope of discussions by bringing in more voices from the entire spectrum of university innovation — whether those are tech transfer leaders, chief innovation officers, student entrepreneurship programme leaders, incubator managers, investors, founders, lawyers, valorisation experts, policymakers or others.

We are also moving the podcast to series (or seasons) and we will use that new format to tell bigger narratives and stimulate conversations.

Goodbye, Talking Tech Transfer. Hello, Beyond the Breakthrough.

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He’s currently also the president of ASTP, the European association of tech transfer professionals, a job he took on because of his passion for connecting people and generating new ideas collaboratively.

Christophe has learned much in his career, which goes back to 1992, and if he could have one wish for tech transfer, it would be to take the financial motivation out of the equation when thinking about spinouts, allowing people to focus on the impact instead. Haunold explains why.

Further listening

Christophe references the work of Alison Campbell to harmonise knowledge transfer metrics in Europe, a project she undertook on behalf of the European Commission. You can find out more about this project in our conversation with Campbell.

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The panel discussed a whole range of ways of increasing spinout success — from finding creative ways to bring in entrepreneurs to having corporate partners as “builders” rather than “consumers”.

This is an edited version of the webinar, find the full version on our website. Visit that link to sign up for future webinars as well — it’s free.

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UCD also established the first Irish quantum spinout, Equal1 (read our in-depth profile here), and was one of the founding limited partners — together with Trinity College Dublin and Atlantic Bridge — of the University Bridge Fund in 2016. And it continues to set the pace: earlier this year, Tom’s team welcomed an expert in international innovation through a French embassy programme that looks to increase collaboration across borders — this, too, is a first in Ireland.

UCD is also leaning into a unique advantage in agtech: it’s the only university in Ireland — and one of only a few in Europe — that owns a farm, where it runs a programme for pre-seed startups to develop their products. I asked Tom what prompted him to create the programme and what he’s learned from it thus far.

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But she’s not only spent time in the US or her native Romania, she’s also been at various institutions in Paris, like Institut Pasteur, in Luxembourg, where she was a resident at the children’s hospital Kannerklinik, and in the UK, where she worked at the Great Ormond Street Hospital for Children.

Andreea is, as long-time listeners will recognise, the first founder on the podcast, so this episode is a little different — but it’s incredibly fascinating and we cover everything from a fledgling tech transfer infrastructure in Romania to tax incentives to what the US could learn from Romanian communication skills.

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He’s been at the university since 2009 — apart from a few weeks in 2015 when he quit because he was done with transactional tech transfer. But then the opportunity came to fundamentally rebuild how commercialisation was done at CU, which is what he’s been doing since.

Today, CU Boulder has everything you’d expect from a tech transfer office that produces more than 20 spinouts a year: from a startup-friendly licence to a dedicated investment affiliate, the Buff Venture Fund.

It’s been a long and fascinating road to arrive at this stage (though the university is famous for having created the pharmaceutical giant Amgen a few decades ago, and the faculty co-founder is still launching spinouts today) and Bryn is going to tell us all about that journey.

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Gordon — who was the first startup development manager at an Irish university — also talks about the importance of overseas markets for spinouts, building a portfolio and ecosystem with strong gender diversity, and how a new €38m innovation hub called Portal will be a shop front for TCD’s innovative output.

He also talks about how family offices can play a key part, why Trinity College Dublin helped create the original University Bridge Fund (and returned for Fund II) and how state agency Enterprise Ireland has become one of the most important funders in the country.

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In June, members of TenU — Orin Herskowitz, Anne Lane, George Baxter, Jim Wilkinson, Karin Immergluck — together with Sofinnova Partners’s Maina Bhaman and TenU chairman Andy Neely came together for a discussion of the USIT Guide’s origins and ambitions in front of a live audience at London’s County Hall.

This is the full recording of this discussion, including audience questions.

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But while Cracow’s ecosystem is full of opportunity, challenges remain and Poland sometimes struggles to retain its brightest minds, who continue to be drawn overseas to Silicon Valley.

Jacek also talks about how sometimes government programmes are actually fantastic and how CTT’s involvement in the EU project IMPACT — which aims to improve the teaching of sustainability-oriented innovation and entrepreneurship — is adding value to his work.

And with the Ukrainian border just 250km away, Jacek also discusses how his university, and CTT itself, are helping refugees.

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He tells us how the challenges of being the only university in a small island nation have led to an offering that isn’t actually all that dissimilar to that of institutions in larger countries — including tech transfer internships, an incubator open to all, TAKEOFF, and a master’s in entrepreneurship.

Malta has historically had a very low proportion of its GDP going to research and development, and many companies are subsidiaries that leave research to their overseas parent, and Anton ponders how this is affecting his work and what can be done to remedy it.

And finally, Anton talks about why two of Malta’s three spinouts thus far were set up in other countries and, of course, he follows podcast tradition and reveals his magic wand wish.

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The RCA’s portfolio spans a vast array of sectors, from climate tech to consumer to medtech to agtech and more, and it’s been investing in its spinouts for the past 12 years. It’s also set up an angel network and is in the process of launching a (first of hopefully many) SEIS fund of up to £5m.

Nadia ponders how commercialisation has become less of a dirty word at the RCA and explains how the fascinating, two-term-long programme AcrossRCA is fostering an entrepreneurial, interdisciplinary culture on campus.

She also discusses how the RCA is increasing diversity and tells us why her magic wand wish is about students coming to IP workshops.

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She tells us what convinced her to take the job and why it’s been a year full of wonderful surprises, such as finding innovation everywhere from the National Physics Laboratory to Kew Gardens to the Government Internal Audit Agency.

She also ponders the differences between government and university tech transfer, explains why GOTT’s remit does and doesn’t cover the whole UK and tells us how GOTT’s grant fund operates on a very flexible model.

If you want to hear more about Alison’s earlier career, you can listen to her first appearance on the podcast where she discusses everything from KTI and AUTM to her work on harmonising knowledge transfer metrics for the EU.

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Marc talks about why his team hired an analyst for its venture fund and he discusses what it takes to be an ally — from making sure job adverts are posted in places where minorities will actually see them and arranging office hours at a time that’s actually convenient for women all the way to setting up an EDI committee at AUTM that reports directly to the board.

He also tells us why, if it’s ever appropriated, the funding for tech transfer offices in the CHIPS and Science Act could prove truly transformational for the US economy.

Find out, too, what Marc learned when he moved from the tech transfer office at UNC Chapel Hill into one of their spinouts in the 1990s.

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Ilian, who came to NetScientific after the firm acquired his VC EMV Capital, also tells us how that merger came to be, how the combined group isn’t afraid of acquiring startups to help turn them around before seeking external funding once more, and why the financial regulations around being a publicly traded company are a positive.

He also ponders how living through the fall of communism and then South African apartheid has shaped his views, and how his education at Cambridge convinced him that investing in a local fund, Martlet Capital, made sense.

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He discusses his wish for Penn to have its own startup fund, the importance of diversity in leadership and he ponders how he’s found a new appreciation for the rollercoaster of emotions a CEO goes through since he became acting chief executive of his own startup.

Outside the US, Michael recently discovered a passion for Romania after an exchange programme brought him to the Eastern European country, which is still at the beginning of its tech transfer ecosystem. He shares his hopes for the nation and how he might be able to help.

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From a collapse in UK funding since Brexit to the rise of Japan, and from the continued strength of life sciences to an increased focus on climatetech, the data tells a lot of fascinating stories.

You can find the full article, for free, with lots of charts on our website now.

We’ll be back with regular interviews starting March 3!

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Bernhard tells us more about all of these and Unicorn’s decision to house corporate incubators rather than setting up its own.

He also shares his views of what is, and what isn’t, working in the Austrian ecosystem. And he talks about the one component he’s identified through supporting more than 250 startups to date that indicates if it might be a success or failure.

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Vilma Purienė is the director of the Knowledge and Technology Transfer Centre at Vilnius Tech, having started the office from scratch in 2014. She joins the podcast to talk about the lessons she has learned to date, particularly in those first years, and why membership in the European Union has been incredibly important for her work and the country overall.

She ponders both the opportunities, like fintech and space tech, in Lithuania, and the challenges that are ongoing, like building more of an entrepreneurial culture among citizens and halting a brain drain to other countries in Europe.

Vilma also reveals what attracted her to the tech transfer profession after nearly eight years of working for the Ministry of Economy, and what she would still like to change if given a magic wand.

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She ponders whether the model is here to stay, and what the opportunities and challenges are that lie ahead.

She also discusses how a lifelong, continuing desire to learn led her to VIS, where, as part of her job, she’s working on a PhD in innovation management.

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Ole’s been in the job since 2012, when he joined from GE Healthcare, and he also holds positions with the Oslo Cancer Cluster and incubator Aleap. He tells us how those last two add value to his job at Inven2, and why he also continues to be a professor of pharmaceutics at Arctic University of Norway.

Norway may be “on the edge of Europe”, as Ole remarks in this episode, but it is very much punching above its weight not only in life sciences but also in more surprising sectors, like space tech.

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Bond tells us what attracted him to the new job and why it’s less of a goodbye and more of a deep dive with colleagues he’d already been collaborating with for years. He ponders what makes Bristol so successful at spinouts (a report earlier this year found its spinouts generate far above the average UK return per pound invested) and what lessons learned around diversity, equity and inclusion he learned at SETsquared that he hopes to apply in the new job.

He also talks about the importance of inspirational founders who are giving back to the ecosystem, like Science Creates founder Harry Destecroix, and why quantum, immersive media and telecoms are some of the sectors that Bristol Innovations will focus on.

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Douglas tells us why Future Planet Capital focuses on these ecosystems and why they are so good at what they do. He also reveals the surprising reason the firm is no longer active in China (spoiler: it isn’t the current geopolitical climate).

He also talks about the changes he’s seen over the past few years and ponders why one portfolio company in particular means he isn’t too upset about an unsuccessful attempt at becoming a politician.

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She tells us what brought her to Georgia Tech, what the institute could learn from Utah and Stanford — and vice versa — and how she’s tackling an incredibly long to-do list that includes dramatically expanding the OTL’s capacity.

She reflects on the challenges she’s overcome in her career to date and ponders how students can become a valuable asset to technology transfer offices.

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UM6P Ventures is a relatively young fund — it was set up in 2019 — but that hasn’t stopped it from coming up with some interesting programmes that even Silicon Valley, where Yasser spent the majority of his early career, could learn from.

Yasser also ponders why UM6P Ventures focuses on agrobioscience, health tech, energy, AI and industry 4.0, and why that means a report identifying Nigeria, South Africa, Egypt and Kenya as the big players in Africa might not be telling the full story.

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He tells us why Northern Gritstone is all about profit with purpose and why that attracted him to the firm, and he ponders the complexities of building an ecosystem that spans multiple cities — ranging from the professionalisation of existing components, like angel networks, to making sure physical infrastructure is in place.

Duncan also reveals his hope that regulations around pension fund investments will finally be updated and discusses how the existence of Oxford Science Enterprises made the case for Northern Gritstone (which could count on the expert advice of OSE’s leadership, as well as that of Cambridge Innovation Capital and IP Group).

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Glen tells us why he set up the firm and Dave reveals why, after two and a half decades of leading tech transfer offices, he was attracted to recruitment. They ponder everything from the great resignation to the complexities of salary levels and even get candid about a few opportunities where the candidate didn’t work out.

The list of people recruited by Gardner Innovation Search Partners is long, including current AUTM chair and previous guest on this very podcast, Ian McClure for the University of Kentucky, so Glen and Dave are trusted voices in the ecosystem and I’m very glad they’re sharing some of their wisdom with all of us today.

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Maxine has helped shaped the profession like few others have. She led the organisation through two mergers, a pandemic and concluded with PraxisAuril’s largest conference yet in June this year. She’s also usually the one interviewing others on stage, so I am very honoured that she is giving her farewell interview.

She tells us how she became the first employee of Praxis even before it was incorporated and ponders the changes she has seen over the past two decades. She tells us why she was relieved that not all leaders need to be like Alan Sugar and imagines a future in which a knowledge exchange professional might become prime minister… or at least famous enough to compete on Strictly Come Dancing (that’s Dancing with the Stars for our American listeners).

It’s clear Maxine’s impact will be felt for many years to come and that can only be a good thing.

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On this episode, Elicia talks us through a six-year study she co-authored identifying the four key pre-incorporation elements that indicate whether a spinout will be successful, and she explains why she’s a major proponent of professor’s privilege.

She also tells us about the various programmes that SFU offers and describes how her appointments at Innovate BC, the Creative Destruction Lab and the Foresight Cleantech Accelerator Centre all add value to her work back at SFU.

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Her mission couldn’t be more ambitious: charged with driving economic development in the Greater New Orleans region, she will be leading the brand new Tulane Innovation Institute that itself will revitalise a gigantic, defunct hospital that’s been shut since Hurricane Katrina in 2005.

Kimberly, who’s currently working on her PhD dissertation looking at innovation infrastructure, tells us about her vision for Tulane — a university with historic strengths in the medical sciences — and why raising a venture fund as a university really isn’t as straightforward as it sounds.

She also discusses the need to continually drive diversity even at an institution that already has high rates of female and BIPOC students, ponders what the characteristics of a successful founder are and reveals her magic wand wish.

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Rich tells us about the Berkeley-affiliated funds, which uniquely all donate a share of their profits back to the institution, and talks about how he helped create a programme teaching entrepreneurship, Berkeley Changemaker, that’s fast turning into one of the university’s most successful minors.

He also ponders why entrepreneurs often don’t even realise that’s what they are – with an example out of his own family – and discusses the lessons he learned during his time as chief learning officer at Goldman Sachs.

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With a career that already stretches decades, Anthony has a lot of wisdom to share, such as the need to understand that universities and investors trade in different currencies: innovation and money.

On this episode, he also talks about recruiting not only people that will be around for years to come, but also hiring staff that could leave to head a spinout. And with UCSF being exclusively focused on the medical sciences, those spinouts are an interesting beast.

Anthony also reveals what being in the US has taught him about innovation back in Australia and what the two places could learn from each other.

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Álvaro also tells us about why it’s important to attract local VC funding first before trying to raise from overseas investors – a lesson they learned the hard way – and how he created an online course on tech transfer in Spanish on Coursera that has attracted more than 11,000 students to date.

Álvaro is also the author of ”Del Laboratorio al Mercado”, a book on technology transfer written in Spanish and filled with local experiences that was an Amazon bestseller at launch, and he tells us more about what inspired him to write this.

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He also ponders what makes Belgium such an entrepreneurial country and looks back at his own career, which brought him to Qbic in 2019 after earlier stops in corporate venturing for Bekaert, gas transport and storage infrastructure for Fluxys, and Boston Consulting Group.

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Apart from telling us why KTH Innovation targets both students and faculty, Lisa also ponders the pitfalls of professor’s privilege in Sweden, and reflects why the two university venture funds launched by KTH in the 2000s were not the success they might be today.

She also tells us why KTH takes early-stage portfolio companies to overseas markets and reveals how an Imperial College London programme inspired one of the institute’s most successful initiatives.

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He’s led the office ever since, and in that time saw the sector in Europe evolve into the profession it is today. He was president of ASTP from 2007 to 2009 and also found time to write a book, in 2010, looking at how corporations can better collaborate with universities. Over the past decade, that situation has improved in many regards, though Laurent laments the increasing legal complexities of licensing deals.

In this interview, he also talks about how Unitec helps refugees become entrepreneurs and reveals what sectors offer promising opportunities around Lake Geneva (spoiler: despite the abundance of banks in Geneva, fintech isn’t yet one of them).

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John Wilson, chief executive of Innovate Calgary, tells us more about that programme on this episode, and also delves into why Calgary, whose economy has been built on fossil fuels, is uniquely placed to put carbon emissions back into the ground.

He also tells us about UCeed, the largest university-based fund of its kind in Canada, ponders why it’s been such a challenge to recruit tech transfer practitioners as of late and looks back on his own career in tech transfer that started at Oxford University Innovation.

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He tells us what it was like to start his career in tech transfer by being hired by AUTM founder Larry Gilbert and what has kept him around Caltech for more than two decades.

Caltech came to technology transfer much later than its peers – in 1995 – and Fred tells us why that is and how it has caught up to its peers, how his office is treading carefully to provide additive services without shifting the culture away from foundational research and how Amazon Web Services came to be the first corporate to build its own building on campus.

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She joins us to discuss the importance of overcoming unconscious bias in investments, what gives Strathclyde an edge and why Scotland is big enough to attract international interest.

She also talks about her journey from growing up in a small village in India to becoming a scientist in the UK before moving on to angel investments and eventually landing at Strathclyde.

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He joins us to discuss the more than 15 years he spent at Politecnico di Torino as the
head of technology transfer and industrial liaison department (a position he left last week, after this podcast was recorded, for a new job as chief executive of BeHold, the holding company of Alma Mater Studiorum Università di Bologna).

At Politecnico di Torino, he created the groundbreaking Challenge@Polito programme which has helped foster an entrepreneurial culture on campus.

Having also been a member of the board of directors of Netval, Italy’s professional association for tech transfer specialists, since 2016, Shiva is well placed to tell us about the opportunities and challenges across the Italian ecosystem, which has historically suffered from a lack of proof-of-concept funds, a dearth of charities sponsoring research and government inaction but is fast catching up to its European peers.

Shiva also discusses the proposed abolition of professor’s privilege in Italy, a law that would also ask universities to establish tech transfer offices but that might not be as transformational for researchers engaging with TTOs as it might seem.

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He also muses why the popularity of hiking and fly-fishing in Utah is helpful and ponders what his recent promotion to a cabinet level position at the university will mean for commercialisation activities.

Keith places a lot of value on building relationships, and also reveals why that is his answer whenever peers from other institutions ask him about a programme: “how did the university let you do this?”

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This third panel features Lesley Millar-Nicholson, director of the Technology Licensing Office at Massachusetts Institute of Technology, Anne Lane, chief executive of UCL Business and GUV Lifetime Achievement awardee, and Paul Van Dun, the general manager of Leuven Research and Development, the tech transfer office of KU Leuven.

Among the topics of discussion are the TenU’s Future Leaders Programme and how the pandemic-induced remote work proved a serious advantage in launching the initiative, why a return to the office – at least part-time – is inevitable for tech transfer practitioners and what the next five years might look like for the sector.

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This second panel features Andrew Wilkinson, chief executive of University of Manchester Innovation Factory, Anne Lane, chief executive of UCL Business, and Simon Hepworth, director of enterprise at Imperial College London.

The panel discusses how universities can build ecosystems and what the challenges are even in cities like London that look like they may have it all figured out. The panel also looks at the importance of local government’s involvement and ponders audience member Jeff Skinner’s purposefully contentious argument that venture funding like Northern Gritstone is the wrong route to pursue.

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The first panel features Euan Robertson, chief operating officer of Simons Foundation, Karin Immergluck, executive director of the Office of Technology Licensing at Stanford University, and Diarmuid O’Brien, chief executive of University of Cambridge’s tech transfer arm Cambridge Enterprise.

The panel discusses how universities can better celebrate innovation, what the differences in that regard are in the US and in Europe and how important it is to have the backing of university leadership to really make a difference.

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He discusses his ambitious vision for Cambridge Enterprise to play a more active role in the regional cluster and ponders why Cambridge is doing better at having female founders than the national average (spoiler: it helps that the investment team consists almost entirely of women).

O’Brien also examines the changes he has seen over the nearly two decades he has worked in tech transfer and considers what role TTOs will play in the years to come.

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She ponders the importance of the Brandon BioCatalyst and NZ Innovation Booster funds, and examines how the pandemic has re-aligned her views on joining international groups.

Barnett also looks at the challenges around finding senior tech transfer practitioners and tells us what she would love to change about the profession if she had a magic wand.

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Christgau, who previously helped establish and run corporate venturing unit Novo Seeds for 12 years, also talks about the importance of training the next generation of investors and why it is crucial to have diversity in fund and company management teams.

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She discusses the importance of City of Hope having its own GMP manufacturing facility, how the impatience of researchers to help patients is driving an entrepreneurial culture and why even far-away Australia isn’t out of the question for IPOs.

Cook also reveals how one particular treatment was so impactful it made her cry and why deathstalker scorpion venom may sound like a wild concept to base a cancer therapy on, but is already becoming a reality thanks to Chimeric Therapeutics.

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She tells us about Marquette’s externship programme for faculty, how the university entices corporates for sponsored research and licensing and why serial entrepreneurs are still mostly missing from the ecosystem.

She also discusses the need for diversity and inclusion both in the student and faculty population, and on patent filings, and talks us through the President’s Challenge at Marquette University.

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He joins us on Talking Tech Transfer to discuss the responsibilities of leading the tech transfer office of the US’s number one ranked public university and to ponder the intricacies of being part of a larger university system.

He also tells us about the differences between Israel and the US, tackles the criticism, uncovered by the UC Regents, that UC campuses can be difficult to negotiate with, and admits that remote working has actually made it more challenging to find tech transfer practitioners.

And because you cannot talk about Los Angeles without thinking of Hollywood, he also reveals why the snowflakes in Frozen didn’t generate any licensing income.

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He joins Talking Tech Transfer to discuss how you do tech transfer when the US federal government’s definition of “rural communities” covers the whole state and rural to you means 30 people that live 200 miles from the nearest road.

He also talks about why Alaskans are an entrepreneurial culture but one that is yet to fully embrace innovation and why the state’s remoteness means startups and founders are much more resilient than they might be in the lower 48 states.

One of the biggest challenges UAF faces is the fact that there is no VC firm in all of Alaska or even one from the other states that has a venture partner in Fairbanks. It is a problem Billingsley is trying to solve through his involvement in the Alaska Angel Conference and exploring interest from people who might want to create a firm.

He also ponders how he juggles his many day jobs, which include everything from writing grant applications to handling human resources, as well as serving as director of the Alaska Center for Innovation, Commercialization and Entrepreneurship.

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He also discusses the changes he has seen and the lessons he has learned throughout his career to date, which included turning Imperial Innovations into a public company and eventually seeing it acquired by its peer IP Group.

Plus, Hickson shares why has loved sitting on the boards of PraxisAuril, Cambridge Enterprise and the Francis Crick Institute, and tells us why Apollo Therapeutics is the spinout that is among the most memorable for him.

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Among the topics covered are attending intellectual property conferences and understanding the asset from a different perspective, the importance of fidelity to communication protocols and balancing several jobs with their private lives.

McClure also reveals how he has used public grants to build a regional ecosystem and what motivated him to establish a social innovation programme to attract humanities and social sciences faculty.

Further listening

Here’s my original interview with Orin Herskowitz.

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She also discusses what the US can learn from its international peers, why TenU is an important component of her work, and she examines the importance of erasing bias in hiring processes, including for leadership positions.

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He also tells us why New Zealand is missing serial entrepreneurs despite a willingness for people to try their hands at startups and why Auckland UniServices not only creates spinouts or handles licences, but also operates its own businesses – including the one that trains covid-19 vaccinators across the country and several Pacific island nations.

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She also reveals how she ended up in tech transfer and what changes she has seen over the past two decades working for CTL.

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He also explains why UPF Ventures works with spinouts from other institutions and why Spanish bureaucracy is a particularly difficult matter to contend with for companies in their first year after launch.

Albert also explores the value of having both domestic and international advisers, such as Tom Hockaday, even if UPF Ventures has no immediate ambitions of expanding outside of Spain.

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She also discusses Conception X’s partnership with Schmidt Futures and explains why her vision for Conception X is that of an institute.

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He also talks about the significance of the newly launched €45m i&i Biotech Fund, backed by the European Investment Fund, and why he considers spinouts a last resort for getting innovations into the marketplace.

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We also talk about driving innovation in a region known for mining – which led to one of Curtin’s most prominent spinouts to date – and what the success of graphic design platform Canva means for the local venture capital scene.

McDougall also tells us about West Tech Fest and explains why Australian startups tend to list early.

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He also tells us why university venturing is the industry to join today if you want a career that is going to be full of massive opportunities in the years to come and he reveals why missing an opportunity to invest in an Oxford spinout that is now powering through every milestone while he was a partner at Atomico is a prime example of why university venturing needs to exist.

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He also tells us about his journey from running a Hebrew University spinout to heading its TTO, how the Israel Innovation Authority helps him do his work and why he still loves getting to the office at 6:30am every day.

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She reveals why she is so passionate about the Baltimore ecosystem that she goes above and beyond her day job and talks about why having run her own startups gives her a real appreciation for the hardships of first-time entrepreneurs.

She also discusses what JHTV is doing to support diversity, why the Johns Hopkins Covid Dashboard is a true example of research for the world and why JHTV has a clause in its licensing agreements that requires spinouts to inform the office of every funding round they raise.

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He also talks about why RTTP is so important to the tech transfer profession, why candidate RTTP was introduced and why offices with a high number of RTTP-accredited staff are the ones who receive more job applications.

Applications for the current cycle of RTTP applications are open until October 14 and can be made on ATTP’s website.

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She also discusses what it was like to start raising a fund during the pandemic and why the large amount of due diligence required by the European Investment Fund enabled V-Bio Ventures to attract more limited partners.

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He also talks about his experience of chairing PraxisAuril, the importance of SETsquared for Exeter’s ecosystem and his views of the European ecosystem. This interview was recorded before Sean moved into his new job, which is still with Exeter: he has joined the senior executive to implement programmes linked to its 2030 strategy.

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He also tells us how, with an MA in Marketing and Communication, he ended up in tech transfer, and how the Nordic Innovation Fair has grown from a national pitch event to one also encompassing other Scandinavian countries. Registration for the next event, on September 21, is open until September 17.

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He also talks about his experience of chairing PraxisAuril, the importance of SETsquared for Exeter’s ecosystem and his views of the European ecosystem. This interview was recorded before Sean moved into his new job, which is still with Exeter: he has joined the senior executive to implement programmes linked to its 2030 strategy.

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“Funk Game Loop” Kevin MacLeod (incompetech.com) • Licensed under Creative Commons: By Attribution 3.0

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“Funk Game Loop” Kevin MacLeod (incompetech.com) • Licensed under Creative Commons: By Attribution 3.0

He also talks about his experience of chairing PraxisAuril, the importance of SETsquared for Exeter’s ecosystem and his views of the European ecosystem. This interview was recorded before Sean moved into his new job, which is still with Exeter: he has joined the senior executive to implement programmes linked to its 2030 strategy.

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“Funk Game Loop” Kevin MacLeod (incompetech.com) • Licensed under Creative Commons: By Attribution 3.0

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