ITU Business Development is a private limited company 100% owned by the IT-University in Copenhagen, Denmark
The company was established in September 2014 in accordance with the newly introduced Tech-Transfer Law for public funded institutions. Our mission is, with a commercial aim and on market conditions, to manage activities in connection with technology transfer.These activities include but are not limited to:
...of new knowledge that can be used in a commercial setting.
Currently we manage most technology transfer activities on behalf of the IT University and through our activities we proactively work to identify new and promising inventions which the company may support and protect through direct investments.
ITU Business Development A/S can acquire shares in other companies, found subsidiary companies or companies, which only purpose is to mature an invention while protecting the IP rights (IPR).
As we are a seperate legal entity from the IT University this allows us to promote the transfer of knowledge and technologies, from public research to industry and at the same time limit the economic risks to the capital investment of founding ITU Business Development A/S.
We can invest in both so-called development companies (modningsselskaber) and university spinouts in which the university still retain the rights to company IPR (through licensing agreements) or owns equity.
The IT University's vision:
ITU is the university preferred by researchers and students who want to develop & share knowledge that is deep; benefits humanity; and leads to the creation of ground-breaking information technologies and services.