UOA Inventors Fund
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The University of Auckland Inventors' Fund
For over 10 years UniServices has been providing early proof of concept and pre-seed investment to support the University’s research discoveries, enabling them to reach a point where commercial usefulness can be demonstrated and the first steps are taken to ensure commercial viability.
The availability of seed funds is critical to the commercialisation process in a number of ways, including financing access to managerial skills, securing or enhancing intellectual property, supporting additional R&D, construction of a prototype, preparation of a business plan, and covering legal costs.
“The creation of the Fund amplifies the investment activity that we undertake on behalf of the University of Auckland in the transfer of new knowledge and technology into new products and companies”
Dr Andy Shenk, CEO UniServices
Through the University of Auckland Inventors Fund, UniServices offers University of Auckland staff and students’ access to an evergreen, open-ended $20 million investment fund for the development of technologies for commercialisation, and seed-capital for ventures started out of the University.
UniServices Commercialisation Managers and Analysts will work with entrepreneurial staff through market assessment, intellectual property protection, business planning, and seed funding.