Ulster University supports the recommendations of good practice identified in the Independent Review of University Spin-out companies.
Ulster University is dedicated to enhancing its spin-out processes by building on established good practices. We welcomed the publication of Independent Review of University Spin-out Companies in November 2023 which was a valuable opportunity for us to assess, optimise and refine our policies and procedures in this area.
We have recently updated our Investment Policy and Innovation Ulster Limited Business Plan, which are well aligned with many of the spin-out review’s recommendations. Our terms are in line with suggested equity splits in TenU’s USIT Guide and demonstrate our commitment to accelerate towards innovation-friendly university policies.
We strongly support the recommendations made in the report and are continuously working to ensure that the best practices highlighted are fully adopted.