Commercialisation
City's innovative commercialisation process brings enterprise professionals together with MBA, MSc and PhD interns to evaluate new ideas and conduct commercial feasibility and investment-readiness work on innovations with genuine value-creating potential.
Innovative businesses can accelerate the rate of their innovation by tapping into our expertise.
The Intellectual Property (IP) generated by our academics can be commercially exploited by:
- Licensing it to a third party - see our current licensing opportunities
- Spinning out a company - see our recent spin-outs
- Forming a joint venture
- Benefiting from virtual incubation services at the London City Incubator
We welcome enquiries about investing in our spin-out companies.
We also encourage entrepreneurs and business managers to send us their cvs if they are interested in leading our new spin-off projects.
City's Commercialisation Process
City's innovative Commercialisation Process brings enterprise professionals together with MBA, MSc and PhD interns to evaluate new ideas and conduct commercial feasibility and investment-readiness work on those with genuine value-creating potential.
Journey of an Idea
Typically an invention takes the following route to the market, comprising of four stages:
- Innovation: The disclosure of an invention and its identification as an innovation worthy of further scrutiny;
- Feasibility: The establishment of market proof-of-concept (PoC) and feasibility;
- Implementation: The determination and implementation of commercialisation plans;
- Incubation: Market entry in the form typically of a licence or spin-out company.
The Commercialisation Panel
At each milestone, a range of documents is assembled that allows the Commercialisation Panel - made up of City's senior members of staff and others drawn from the commercial world - to evaluate the projects and the degree to which they merit the allocation of additional resource.
What happens next
Some projects will be returned back for further research or feasibility work, and rarely, they may be deemed unsuitable for our support, then the intellectual property reverts back to the inventor.
Others, however, will emerge from the process as licence deals with industrial partners, or as fully-fledged and funded spin-out companies.