Our goal
Transforming inventions into
valuable innovations
ITU Business Development’s mission is to support companies, in the earliest stages, that aim to develop services and products based on inventions and software from the IT University. Therefore, we offer support that will help such companies (so-called spin-offs) build a package to bring to venture capitalists or companies that might invest in their technology.
ITU Business Development’s support package is tailored to each spin-off case but it can consist of a financial investment, a range of services (e.g. interim management support) or both.
If your spin-off uses IP or software from your research at the IT University, your company also has to negotiate, on market terms, a license with either ITU Business Development or the IT University to use the IP commercially.
Our criteria
When evaluating whether or not we will engage in your business case, we look at two things; firstly whether or not you have previous experience with commercialisation of research and secondly your level of engagement. The best-case scenario for us is where you have experience with research commercialisation (you have existing experience with starting a company) and you are also willing to invest both time and resources into the project.
Our process
To be eligible for business support from ITU Business Development the spin-off that you wish to establish or already have established must be aiming to utilize Intellectual Property which has been disclosed to the IT University according to the Law on Inventions at Danish Research Organisations. If you are not sure how this works you can read more about the process of disclosing inventions at ITU.
THE RIGHT TEAM
Forming a good team is a key component in taking your service 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 the industry.
Forming a good team is a key component in taking your service or product to market but it might take time to find the right people.
We can help you with
- Company establishment
- Interim Management
- Business Model Development
- Accounting & Legal support
- Market research
- Team formation
- Investor Relations
- Strategic Advisory
Nikolaj Oppermann, Chief Executive Officer
Get in touch:
We are always open to discuss a potential spin-off opportunity if you are a researcher at ITU and you are interested in commercialising your inventions. Contact ITU Business Development, to set up a meeting and discuss the commercial opportunity of your research.
Testimonial
"ITU Business Development has helped us transform our research idea into a company and is still today an active partner in moving our high potential company forward."
Kasper Støy, Flow Robotics