With yesterday's news that "More than half of British universities slip down global rankings" - FT - it seems timely to repost this response to the Independent Review of University Spin-Out Companies.
Following the recent report and UK Government response, as well as discussions with a number of TTOs at the #PraxisAuril #KEAwards2023 the PIPE Company and #labtoipo have the attached commentary for consideration. The work we have done since October 2020 on the development of the PIPE Platform and Lab to IPO Pathway based on value proposition work in partnership with universities in the UK and EU has helped us to address many of the pain points outlined in the report. The PIPE Platform and Lab to IPO Pathway provides all TTOs with key gains through the application of tools, processes and new technology that allows for: earlier and speedier validation of ideas/innovations; provision of business expertise and specialists; operational structures that protect and exploit IP; provision of patient and timely capital through The PIPE GDAO and access to standard, systemised metrics for measuring and reporting #impact some of which we were happy to present to PraxisAuril Membership last Thursday as the sponsor of The Commercialisation of the Year Award 2023.