Acceleration Tools for Transitioning Academic Research into Marketable Products, provided by SETsquared.
The SETsquared Partnership has launched a new resource aimed at streamlining and standardising the research commercialisation process - the Research Commercialisation Toolkit, also known as the Deal Readiness Toolkit. This free toolkit is designed to make the process of turning academic research into commercial ventures, such as spin-outs or licensing deals, faster, clearer, and more efficient for all stakeholders involved[1][2].
The Toolkit provides a clear, structured pathway that helps research teams prepare for engagement with investors and navigate the complexities of commercialisation. It addresses common challenges and bridges gaps between universities and the investment community to accelerate the creation of high-impact spin-out companies[1].
The Toolkit is a comprehensive set of resources, developed in collaboration with legal experts and investors. It offers practical guides, checklists, and standardised templates to support the research commercialisation process from start to finish. The resources are intended to be easily accessible and user-friendly[1].
The intended users of the Toolkit include academics researchers aiming to commercialise their innovations, technology transfer professionals who facilitate the commercialisation process, lawyers involved in intellectual property and licensing issues, investors seeking to identify and engage with promising academic opportunities, and academic founders[1]. Additionally, the Toolkit supports technology transfer offices and venture investors throughout the research commercialisation journey.
The Toolkit is designed to aid in the research commercialisation journey for all stakeholders involved, offering guidance on various aspects of the process, including intellectual property, funding, business planning, and more. It is important to note that the Toolkit's resources are updated regularly to reflect the latest developments and best practices in research commercialisation[1][2].
The SETsquared Research Commercialisation Toolkit serves as a practical guide and framework for university and research institution stakeholders, as well as investors, to enhance collaboration and increase the success rate of translating research into market impact[1][2]. You can access the Toolkit online at https://toolkit.setsquared.co.uk/. The Toolkit was funded by Research England and created by SETsquared Partnership.
[1] SETsquared Partnership. (n.d.). Research Commercialisation Toolkit. Retrieved from https://toolkit.setsquared.co.uk/ [2] Research England. (n.d.). SETsquared Research Commercialisation Toolkit. Retrieved from https://www.researchengland.ac.uk/our-work/programmes/knowledge-exchange/toolkit-for-research-commercialisation/
- The SETsquared Partnership's Research Commercialisation Toolkit, also known as the Deal Readiness Toolkit, assists founders, academics, researchers, and technology transfer professionals in navigating the complexities of commercialising academic research.
- This free resource, funded by Research England and developed in collaboration with legal experts and investors, offers practical guides, checklists, and standardised templates to facilitate the research commercialisation process from start to finish.
- Investors seeking to engage with promising academic opportunities and academic founders can also benefit from the Toolkit, as it addresses intellectual property, funding, business planning, and other vital aspects of the research commercialisation process.
- The Toolkit's resources are designed to keep pace with the latest developments and best practices in research commercialisation, education, and self-development, ensuring that aspiring business leaders can stay informed and prepared for the venture creation journey.
