All set for commercialisation
Published: 8 January 2018
Three entrepreneurial researchers from the School of Engineering have secured places on the competitive Innovation to Commercialisation of University Research programme.
Three entrepreneurial researchers from the School of Engineering have secured places on the competitive Innovation to Commercialisation of University Research (ICURe) programme.
The programme - piloted by the SETsquared Partnership and Innovate UK which is funded by the Department for Business, Energy and Industrial Strategy (BEIS) - offers university researchers with commercially promising ideas up to £35k to “get out of the lab” and validate their ideas in the marketplace.
Dr Richard Taylor, Dr Elijah Nazarzadeh and Arslan Khalid (pictured left to right) have been awarded places within Cohort 12, which runs from January to March 2018, and will undertake three months of intense market assessment to validate the commercial potential of their research.
Spinout
Richard, supported by Professor Richard Hogg, will focus on the commercial potential of his work into "Advanced Photonic Crystal Surface Emitting Lasers". Elijah’s project, supported by Professor Jon Cooper, relates to the "Platform for Targeted and Personalised Drug Delivery of High Value Medicines". Arslan’s project, also supported by Professor Cooper, focuses on “Smartphone based therapy monitoring and disease diagnostics”.
ICURe funds teams to help them determine whether there is a market for products or services that utilise their research, science or technology; then, where there is evidence of market demand, it supports licensing or spinout of the research into a company.
At the end of the three months, participating teams will present their opportunity to a panel that will offer the team expert guidance on recommended development pathways.
To find out more about ICURe or to discuss the commercial potential of your research, contact Adam Majumdar
First published: 8 January 2018
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