ICL will restore internal tech transfer activities from its Imperial White City Incubator, in the process ending its arrangement with commercialisation firm IP Group.
Imperial College London (ICL) on Friday revealed plans to return to an internal structure for tech transfer services currently offered under its Imperial Innovations partnership with commercialisation firm IP Group.
The move is intended to account for the expanding entrepreneurial and commercial landscape, offering investors strong access to ICL spinouts and the academic research community.
Following the transition, ICL will provide tech transfer clients with commercialisation services including incubation, accelerator programs and co-working space from its existing Imperial White City Incubator, which will adopt the Imperial Innovations brand.
ICL will find roles for members of Imperial Innovations’ tech transfer team among others as it looks to cement its position as a leading European centre for innovation and entrepreneurship.
Ian Walmsley, provost of ICL, said: “Entrepreneurial activity has always been core to our academic mission and this move enables us to build on two decades of unrivalled…
