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Innovation Optimiser

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VENTURE CREATION AT THE UNIVERSITY To support our campus innovators, the University can help develop two types of venture: The Innovation Optimiser is designed to support those innovators with ideas for start-ups that have commercial or socially viable propositions. It sits alongside and complements UMIP's commercialisation process and nurtures talent and opportunities on a broader front than just IP. The Innovation Optimiser provides a vibrant and supportive environment for individuals or teams with an idea, innovation or venture in which they are empowered to develop and build their business. It actively encourages on-campus innovation, nurtures venture creation and supports self-directed development for Manchester innovators to achieve their goals. The Innovation Optimiser empowers and helps innovators to think about the balance between University life and becoming an entrepreneur, utilising technical and commercial advice from trusted advisors to help take their idea to market. THE INNOVATION OPTIMISER – EMPOWERING INNOVATORS Spin-outs formed by academics and researchers traditionally based on University IP and technology. This has been the mainstay of UMIP's respected IP management and commercialisation process since 2004. Start-ups formed by staff, academics, students and recent graduates with a strong business idea wishing to develop them further. These are not necessarily based on University IP, and may be a service business or a venture with social or environmental impact. 8

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