ITU Business Development A/S can support you if you want to establish a spin-out company based on your research at the IT University. Ultimately, our investment will help you build a package to bring to venture capitalists or companies that might invest in your technology.
When evaluating whether or not we will engage in your business case, we look at two things; first of all whether or not you have previous experience with commercialisation of research and secondly your level of engagement. The best scenario for us, is that you have experience with commercialisation already (you might already have started a company before) and that you are willing to invest time and resources in the project.
Formally, you have to have IP (Intellectual property) on file at the IT University, which can be transferred to ITU Business Development A/S. ITUs legal team can help you with this aspect further.
Forming a good team is a key component to take your services or product to market but it might take time to find the right people.
ITU Business Development can provide you with a range of services in the early start-up phase to fill the gap and/or we can match you with experienced entrepreneurs with a relevant background from industry.
We participated in the project Bridging the Gap (BtG) where a similar model was used with good results.
We are always glad to discuss a potential spinoff opportunity if you are a researcher at ITU and you are interested in commercialising your inventions. Drop us a line to get started and to set up a meeting.