University - Business Interactions Early-stage business needs Tokyo, Japan 11 January 2012 ジェフ・ウェインライト博士
About 2Bio Ltd
lobal technology transfer and consultancy organization operating for over 10 yea
ents include:
The University of Liverpool - Commercialisation Partner (Impact Science brand) and Business ncubation (MerseyBIO Incubator) Manchester University A*Star Institute Biocant nvestors and businesses (small, medium and Plc)
provide services to support the protection, evaluation, valuation and mmercialisation of technologies originating in the Life Sciences, Engineering and emistry fields. provide direct support to small companies that ranges from help with establishi
Businesses Grow
s they grow, their needs change Start-up
Establishment
✓ Limited capital ✓ Focussed
✓ More capital ✓ Focussed
programmes ✓ Building teams ✓ Build relationships with IP generators
programmes ✓ Building capacity
Year 1
Growth
✓ More capital
injected ✓ Building capacity ✓ Initiate more programmes ✓ Greater market engagement ✓ Market engagement ✓ Strengthen and ✓ Secure broaden links with support/services from IP owners IP owners Year 2
Year 3
Year 4
What fuels this Growth?
nce, People and Confidence
nitially, investors inject capital to develop the products the business plan project This is the start-up phase and will have the founder management team and som product development staff in the company.
Product development must proceed to secure performance data sufficient to inte development partners, licensees or customers (purchasers). This is the establishment phase and will see the original team build to become more custo facing.
The company management must show their investors that they can achieve thes goals in-time and in budget. This builds confidence to enable the team to be able work with investors to secure more capital.
More capital means the management can look to secure other products or
What do they need?
nology Unencumbered Intellectual Property (IP) is the life blood of new companies. f licensing from a University, access to the inventors is required, and possibly th equipment and services of the inventors teams. Universities need to make it simple - complex deals and ownership structures at beginning will kill good companies quickly. le Experienced management is essential. People run businesses, Investors invest in people. Staff to work in the company. ce Without this, it is difficult for a start-up company to operate. onment Being in the right environment (space) can make all of the difference. Being with like-minded people during the start-up and growth phase can help to develop stronger management teams, better networks and create the drive to
What can Universities do?
niversities are a great source of people, expertise a chnologies.
oupled with experienced business management, vestors and the right environment, then success ca ccur.
Working with the University of Liverpool at the erseyBIO Incubator, we have supported the start-u nd growth of 40 companies in the last 8 years, raisi
Thank You