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The University of Manchester Intellectual Property Limited (UMIP) is the managing agent of The University of Manchester for intellectual property commercialisation. UMIP's role is to enhance the scale and quality of The University's intellectual property development and commercialisation activities. UMIP works in highly positive relationships with researchers, entrepreneurs, business people, professional advisers and investors to achieve its goals. As a successful company it employs modern management approaches to licensing, joint ventures, spin-out and spin-in enterprises. UMIP has a flexible and tailored approach to each commercial opportunity to ensure that the possibilities and benefits for intellectual property transfer to the market-place are maximised.
UMIP is a limited company of over 30 employees which is wholly owned by The University of Manchester. The company consists of faculty oriented project management teams backed up by a central corporate office which provides company secretarial, marketing, legal and financial expertise.
UMIP:
Manages Intellectual Property on behalf of the University.Identifies, protects and evaluates the commercial potential of research from all faculties.Commercialises Intellectual Property via the most appropriate route: sale, licence or spin-out.Holds the University's patent budget and manages its Proof of Principle awards and its seedcorn investment funds.Has access to an extensive network of industry experts, professional advisers and investors.Offers a spin-in activity which manages IP on behalf of partner and collaborative institutes.