Tech Transfer eNews Blog

Research England funds two UK programs to boost tech transfer and innovation

By Jesse Schwartz
Published: July 22nd, 2020

Research England, the university tech transfer arm of UK Research and Innovation, has awarded two grants totaling £1.5 million to boost innovation and entrepreneurship at universities in the UK and beyond.

The grants will support two programs: TenU and the new Policy Evidence Unit for University Commercialization and Innovation (UCI).

TenU brings together the heads of tech transfer offices at ten top research universities –Cambridge (UK), Columbia (USA), Edinburgh (UK), Imperial College London (UK), Leuven (Belgium), Manchester (UK), MIT (USA), Stanford (USA), Oxford (UK), and UCL (UK) — to share and develop their approaches to commercializing research for societal and economic benefit.

UCI will use the funds from Research England to conduct research they hope will serve as the evidence base for informing tech transfer policy for governments and universities. The program will also focus on how the economic crisis caused by the pandemic is affecting universities’ abilities to contribute to innovation, and how those universities could play a role in the national economic recovery.

“Research England as part of UK Research and Innovation needs to demonstrate we are world class at securing economic and social benefits from research. University technology transfer is at the heart of that,” says David Sweeney, executive chair at Research England. “Funding for TenU will help showcase best practice at the global cutting edge, with the new UCI policy unit providing critical evidence and metrics. We look forward to deepening these international links”.

Tomas Ulrichsen, director of UCI, comments, “The grant from the Research England Development Fund will enable us to support policymakers, funders, and universities with better and more targeted evidence and expert insight, to consider how to build on and adapt their approaches to university-driven commercialization and innovation. This will help economies across the UK recover, reconfigure, and thrive through the economic recovery following the COVID-19 pandemic.”

Source: UCLB

Posted under: Tech Transfer e-News

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