A new grant is available to help Faculties and academic staff to identify Intellectual Property (IP) opportunities arising from Faculty research projects. A call for expressions of interest is now open with a deadline of the 31st October 2008.

The University has secured an initial £30,000 from the Welsh Assembly’s A4B programme to assess commercial opportunities arising from Faculty research projects which could be protected by a patent. For positive assessments, further development funding of between £50k and £200k may be applied for to prove the concept and develop commercial applications with industry partners. Ultimately this activity is intended to enable Faculties and academics to put their research to good use through licensing or setting up a Spinout company.

Interested academics should email Lucas Brown lobrown@glam.ac.uk with a brief description of the relevant research outputs by the 31st October 2008. More details will be sent and a meeting will then be set up to begin the opportunity assessment process.

The assessment process will be managed by CSO’s Commercialisation Team and work in partnership with the Centre of Enterprise and external commercialisation professionals. The success of this process will rely on applicant’s full participation in the assessment and any subsequent development work. This document outlines the grant application and appraisal process.

Please contact Lucas Brown at CSO on ext 2482 for further information.