Phil Clare

Queen Mary Innovation

Queen Mary Innovation Ltd (QMI) is Queen Mary University of London's (QMUL) wholly-owned technology transfer company and responsible for the commercialisation and management of the University's intellectual property and portfolio of spinout companies. QMI protects and exploits QMUL's research-derived intellectual property and helps to maximise the economic and societal impact of that research. QMI's Technology Transfer services include: building a strong pipeline of technology by identifying and protecting early-stage new technology innovations; securing proof of concept / translational research funding to develop new QM technologies; and the exploitation of research-derived technologies through licensing and new spinout creation. QMI engages researchers across a broad range of academic disciplines and sectors, ranging from pharmaceuticals, engineering, telecoms and creative industries to government departments and community organisations. QMI fosters an entrepreneurial culture for QMUL staff and students, promoting innovation across all research sectors.Over the last five years, QMI has secured 80 commercial licenses with industry to exploit QMUL intellectual property, returning over £1.7 million of commercial income to the University. QMI has a strategic focus on the creation of new sustainable spinout companies, establishing at least one new company each year since 2008. QMI's growing portfolio of high-growth technology spinouts has attracted in excess of £60 million of external venture capital investment.