London City Incubator
London City Incubator (LCI) is an innovation catalyst programme designed to commercialise technologies or in general knowledge developed by City's academics.
The programme aims to capitalize on IP developed by City academics on one hand and on the other provide IP commercialization and entrepreneurial skills within live project contexts to PhD, Masters and MBA students or recent graduates from those programmes at the institution.
London City Incubator (LCI) Associate
The internship programme (~10 hours/week) will last for a period of six months from January until June 2018. This is a paid internship.
PhD, Masters or MBA student or recent graduate from any of those programmes are welcome to apply.Training
All training days are compulsory so please do not apply if your schedule is set in stone. The dates are TBD. You must be willing to participate and work in a team environment.
- Conduct technology feasibility study
- Attending conferences and exhibitions
- Data analysis
- Building relevant contacts and networks
- Writing succinct reports with your findings
- Researching and writing market research reports
- Undertaking IP searches using patent databases
- Researching and contacting potential suppliers, customers, partners and investors to understand their requirements and areas of interest
- Be an active member of the London City Incubator programme and support other associates in delivering their projects
The LCI associate role is an internship oppotunity through which you can develop your:
- Understanding of how the process of developing products or services that rely on distinctive technology generates business value.
- Ability to quickly develop an understanding of the scientific and engineering principles of a range of leading-edge technologies.
- Communication skills to become comfortable talking to and collaborating with diverse stakeholders to identify their requirements, build trust and share enthusiasm.
- Initiative to secure support from formal and informal internal and external networks.
- Ability to adapt messaging to audience both in design and in live oral response to audience feedback. Confident and effective public speaker.
- Project management skills and ability to prioritise time and deliver results.
- Ability to work effectively in a team environment and on a standalone basis.
- Hands-on experience of working on a new business venture.
The purpose of the LCI Associate role is to assist the commercialisation of novel technologies developed at City, University of London. We look for promising PhD, Masters or MBA students and recent graduates that can help move City’s technologies to the next level by translating research into commercial opportunity.
This gives the LCI Associate an unrivalled opportunity to identify the challenges facing technology-based start-ups, develop their commercialisation skills, and build interesting and diverse networks across vibrant London start-up community: budding entrepreneurs, investors, corporates and technology commercialisation specialists, encompassing a broad range of markets, technologies and business models.
In the event a new venture is spun out from City, you may have an opportunity to join the project’s startup management team and help propel the spin-out to its next phase.
London City Incubator was founded in January 2009 and is based in the Research and Enterprise Office.
Established in 2009, Heliex Power Ltd is a spin-out from City's world-leading Centre for Positive Displacement Compressor Technology. Heliex has developed patented technology that extracts energy from waste steam or waste heat, generated by industrial processes, and has already won strong worldwide interest in its unique screw-expander based machine.
The company made its first sales in December 2012. London City Incubator supported Heliex from before its inception by conducting a feasibility study covering the following key areas:
- Prioritised market sectors and locations.
- Sales volume growth, pricing structure and sales growth curves.
- Applications of steam classified by process, industry and geographical regions.
- Product range and development programme.
- Costing including ‘Make’ versus ‘Buy’ decisions.
- Production capital and manufacturing resources.
- Human resources requirements and management.
- Financial modelling to include cash flow, P&L and balance sheet for the first three years of operation.
- Potential sources of funds, grants and assistance.
Send your curriculum vitae and cover letter explaining your interest and what you have to offer the LCI by the 24th of November 2017 to firstname.lastname@example.org.
More on commercialising research
Learn how the LCI Associate programme opens the door to learning about translating research into a commercial opportunity.
This video from Association of University Technology Managers focuses in on the benefits and improvements made to society using the technology transfer process and how it can be possible for technologies to make a product or service faster, smaller, lighter, cheaper and more efficient: