Introduction
You are about to embark upon a very challenging enterprise. Whatever
its nature and scale, the setting up and running of any spin-out company
from a research institution involves similar principles and steps. This Guide
is intended to help you by providing an overview of the whole process. In
particular it aims to:
n
Inform you about the process and various types of documents,
terminology, issues, people and organisations that you will encounter;
n
Alert you to the role and responsibilities of a director of a company; and
n
Set your expectations regarding the level and nature of your involvement
and influence.
Your university, NHS trust or other research-based institution and/or its IP
commercialisation organisation will be able to advise you and work with
you on spin-outs. Business people and specialists will be working with you
too. This Guide will aid you in these relationships. You will be able to use
it regularly as a handy reference.
Remember that this is just a guide and not a substitute for you taking your
own independent professional advice from time to time.
This Guide was originally commissioned and created by Mr Clive Rowland,
CEO, The University of Manchester I3 Limited and Ms Janet Knowles,
Partner, now of HGF LLP.
UMIP (www.umip.com) is a division of the University of Manchester I3 Limited.
© The University of Manchester I3 Limited and HGF LLP and Eversheds LLP 2003-2014.
All rights reserved.
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