Event description
Company creation is a key element in the mix of instruments that allow Universities to deliver impact from their funding inputs and research outputs. Forming new companies can be a key enabler of developing new technologies and priming them for the market place, and a key tool for the knowledge transfer professional. It can facilitate economic benefits including a financial return to inventors and their institutions whilst creating new jobs and services of benefit to the local economy and beyond. New ventures may enjoy symbiotic relationships with their parent institutions investing in further University research and securing rights to develop arising IP. There is an increasing expectation that Universities and research institutes should be skilled at setting up actively managing their relationships with new ventures companies. Creating new ventures is a complex, challenging and immersive experience. This course gives a framework for knowing how to embrace this exciting challenge.
Training outcomes
Understand the context of new venture creation in a KE setting
Develop a business proposal into an investable plan through working with a real case study
Know how social enterprise structures can provide a route for impact
Know how to give a short verbal description of a business proposition
Understand how legal and financial terms govern company activity and financial returns
Understand Director’s responsibilities and the importance of post-formation management
Discuss the needs and roles of different stakeholders and how to manage them
2024 Dates
Tuesday 15 - Thursday 17 October 2024 (Cannot be attended remotely)
Venue - Woodland Grange, Old Milverton Ln, Leamington Spa CV32 6RN
Registration Evening - Tuesday 15 October 2024
Day 1 - Wednesday 16 October 2024
Day 2 - Thursday 17 October 2024
Costs do not include accommodation and travel. PraxisAuril cannot make bookings on behalf of delegates. You will receive further information regarding booking your accommodation in the confirmation email.
Event fee: Non-Members: £1,595 Member: £1,195
You will obtain 12 RTTP points
Who should attend?
Relevant job titles: Relevant to anyone working in KE and/or who support the development and incorporation of a new venture
Relevant sectors/organisations: Higher education and public sector research, NHS Innovation
Experience needed: 18+ months experience in Knowledge Transfer or a related field, experience of contracts and/or IP management, suitable for people who have limited direct experience of starting and incorporating new ventures
Supporting courses: Fundamentals of Technology Transfer (https://www.praxisauril.org.uk/fundamentals-technology-transfer), Research Contracts (https://www.praxisauril.org.uk/research-contracts), New Venture Creation (https://www.praxisauril.org.uk/new-venture-creation-1)
This course will contain; group work, network evenings, and interactive activities.
