NLC Health Ventures’ Post

🚀🔗 When experts in technology transfer, founders, and investors get together to discuss how to facilitate successful technology transfer from academic research institutions to startups! 💡   Partners from technology transfer offices of Universität Heidelberg (#hei_INNOVATION, ScienceValue Heidelberg GmbH), DKFZ Deutsches Krebsforschungszentrum and EMBL Enterprise Management Technology Transfer GmbH (#EMBLEM) as well as experienced founders, investors and ecosystem representatives (BioRN Life Science Cluster Rhine-Neckar and Heidelberg Startup Partners e.V.) met in Heidelberg to enter into a lively discussion on the challenges startups face when trying to secure access to Intellectual property owned by their research institution.    Here's a quick rundown of some key takeaways:   Agile Implementation: Speed is essential for success of startups. Thus, academic research institutions need to commit to an “enabling” culture by implementing standardized and digitalized administrative processes to enhance technology transfer efficiency. Showcasing Role Models: Embracing the lessons gained from both successes and failures there is a need to spotlight inspiring role models and amplify their visibility for aspiring entrepreneurs. Transparency and communication: Startups and technology transfer offices often describe contract negotiations with each other as a non-transparent process. Reconciled methods to evaluate the IP as a basis for constructive discussions and open communication can help.   Let's continue to cultivate a culture of innovation and entrepreneurship together!   #Innovation #Entrepreneurship #Collaboration #technologytransfer #GermanCancerResearchCenter #heidelberg #heidelberguniversity #EuropeanMolecularBiologyLaboratory #technology #HeidelbergStartupPartners #investors #founders #startups #spinoffs #EMBL50 #EMBLEBI30 #EMBLEM25 EMBL #HSP #BioRN #DKFZ   Thank you to everybody who joined the conversation!

Cambridge University has unveiled a new initiative aimed at translating a greater portion of its research into viable businesses. The objective is to commercialise research outcomes and double the quantity of startups originating from the university's researchers. Diarmuid O'Brien, spearheading this endeavour, expressed the university's intent to streamline the process for researchers to collaborate with Cambridge and promptly receive backing for their concepts, while retaining a significant portion of ownership. In the past, the UK's university system has faced criticism for demanding excessive ownership in startups and for protracted negotiations, leading to the migration of promising ideas to other countries, particularly the US. In a departure from this trend, Cambridge now seeks to secure just 10% ownership stake in new startups, significantly lower than the UK average of 23%. How can universities enhance their approach to commercialising research? Share your thoughts in the comments below. Join the conversation! #Cambridge #StartUps #LifeScience

Cambridge University has unveiled a new initiative aimed at translating a greater portion of its research into viable businesses. The objective is to commercialise research outcomes and double the quantity of startups originating from the university's researchers. Diarmuid O'Brien, spearheading this endeavour, expressed the university's intent to streamline the process for researchers to collaborate with Cambridge and promptly receive backing for their concepts, while retaining a significant portion of ownership. In the past, the UK's university system has faced criticism for demanding excessive ownership in startups and for protracted negotiations, leading to the migration of promising ideas to other countries, particularly the US. In a departure from this trend, Cambridge now seeks to secure just 10% ownership stake in new startups, significantly lower than the UK average of 23%. How can universities enhance their approach to commercialising research? Share your thoughts in the comments below. Join the conversation! #Cambridge #StartUps #LifeScience

🚀 Experts in #technologytransfer, #founders, and #investors came together in #Heidelberg to discuss facilitating successful technology transfer from #academic #research institutions to #startups! 💡 Key takeaways: ⭐ #Agile Implementation: Academic institutions need to embrace an "enabling" culture with #standardized, #digitalized administrative processes for efficient technology transfer. ⭐ Showcasing #Role #Models: Spotlighting inspiring role models, learning from both successes and failures, is crucial for aspiring entrepreneurs. ⭐ #Transparency and #Communication: Open communication and constructive discussions are essential for startups and technology transfer offices during contract #negotiations. 🔬 Let's innovate and foster entrepreneurship together!💼 Thank you to everyone who joined ! 🙌 #Innovation #Entrepreneurship #Collaboration #technologytransfer #EMBLEM25 #EMBL50 #Heidelberg #startups #Innovation #Collaboration #GermanCanc EMBL Juergen Bauer, RTTP

#SanDiego continues to be a leader in the Life Sciences industry. Biocom California's recent "Life Science Economic Impact Report" indicates that San Diego's life science industry is faring better than many other industries. Our region's strengths include entrepreneurship, translating research from local world-class universities into new local startups, and the region's strategic collaborations between industry, university, and government. #economicdevelopment #countyofsandiego #lifesciencesindustry #sandiego https://lnkd.in/gx5HwRBu

The DT Launch Pad project offers immense benefits for Higher Education Institutions (HEIs) and students. By identifying barriers and enablers, HEIs can focus resources on high-impact areas, strengthening research output. Providing state-of-the-art training and resources makes HEIs more attractive to students and researchers, fostering a culture of innovation. For students and early-stage researchers, WP2’s research will identify necessary skills and support structures. Comprehensive training programs will bridge the gap between academic knowledge and entrepreneurial skills, helping students turn ideas into successful start-ups. Connecting with industry experts and entrepreneurs will provide invaluable insights into Deep Tech commercialisation. Munster Technological University , Institut Mines-Télécom Business School, Crazy Town Oy, Ege University, accent Inkubator GmbH,  Momentum Educate + Innovate, Delft University of Technology University Industry Innovation Network (UIIN), University of Ljubljana #DeepTech #Startup #Innovation #FutureTech #EuropeanDeepTechCommunity #Entrepreneur

#Spinouts #startups Growing #innovation “ Karin Immergluck Lesley Millar-Nicholson Millar-Nicholson, and Orin Herskowitz just published an Op Ed in the Times Higher Education, pointing out that the criticisms of the U.K.’s great research university tech transfer offices for their approaches spin-out are unfounded. The piece explains that the top-tier research institutions in the U.K. spin-out as many deeptech startups for their size as do their peers in the U.S., and do so on roughly the same equity terms as well once all the nuances (such as anti-dilution) are accounted for. But even so, there’s so much more to be done to support deeptech innovation in both regions. Getting these amazing #innovations get from the lab to the market isn't easy, but we are lucky to have so many excellent colleagues (scientists, patient advocacy organizations, government, #technologytransfer professionals, #entrepreneurs, #venturecapital investors, industry, etc) working hard to do so!” https://lnkd.in/ezc6E5DA

Swapna Shala: Bridging the Gap: Driving Innovation at the Intersection of Industry and Academia Innovation thrives at the intersection of industry and academia, where cutting-edge research meets real-world application. Wondering?? How Swapna Shala fosters innovation and create a dynamic ecosystem that benefits both academia and industry?? Swapna Shala- The Research Foundation plays a crucial role in bridging this gap, facilitating collaboration between Academic Institutions and Industry Partners to drive Innovation forward. Build Collaborative Networks    Swapna Shala serves as catalyst for collaboration by building networks that connect researchers with industry partners. By facilitating communication and collaboration, these networks create opportunities for knowledge exchange and interdisciplinary research. Funding Innovative Research Projects Swapna Shala provide funding for innovative research projects. By supporting high-risk, high-reward research, we encourage researchers to push the boundaries of knowledge and explore new avenues of inquiry. Facilitating Technology Transfer     Swapna Shala plays a key role in facilitating the transfer of technology and knowledge from academia to industry. By providing support for patenting, licensing, and commercialization efforts, we help translate research discoveries into real-world applications. Promoting Entrepreneurship and Build Startups We support entrepreneurship and innovation by providing funding, mentorship, and resources to help researchers launch startups and spin-off companies. By nurturing a culture of innovation, we help researchers turn their ideas into successful businesses. Engaging with Industry Partners Swapna Shala helps academic researchers connect with industry partners by organizing networking events, industry-academic collaborations, and joint research projects. By fostering these relationships, we ensure that research is relevant and applicable to real-world problems. Investing in Emerging Technologies Swapna Shala  plays a crucial role in driving innovation by investing in emerging technologies and interdisciplinary research areas. By funding research in fields such as AI, Computer Vision, and Renewable Energy, our foundation help pave the way for the technologies of the future. Swapna Shala Dr. Archit Somani Keyur Parikh Rajat Sharma Sanjay Verma Chitra Singla Amit Karna Sunil Maheshwari Anish Sugathan #innovation #bridgingthegap #entreprenuership #ideatoentreprenuership #ideatolife #ideatoreallife #NGO #researchfoundation #startup #startupindia #startupecosystem #funding #startupfunding #researchfunding #skillsdevelopment #collaboration #strategicpartnership #academiaindustrypartnership #businessstrategy #strategicplanning #makingthedifference #bringthechange

Finding alignment to accelerate research to commercialization. As more high potential startups grow out of university research, it’s critical to understand how government, industry and academia can align to accelerate commercialization.

If you are interested in learning about life science innovation and entrepreneurship, and get the basic knowledge about how you can translate your own research - then look below.