SpinoffIntelligence UG
To provide University decision-makers with data to determine the right resources needed at the right time for spin-offs on their innovation path.
Achievements
Team
Prototype
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Revenue
Investors
What we offer
The SOI Venture Graph is a cloud-based information platform that collects and analyses thousands of data points on the commercial exploitation of research results through spin-off companies. SOI UG is a business that will be built on a solid foundation. Recognising the existing problem related to access to availability of data in the research commercialisation sector, we set out to solve this problem by creating the SOI Venture graph database. A platform with a mission to close the gap between investors and innovations from both sides where investors can easily search and filter through the entities. On the one hand, SOI provides Investors with the most complete and up-to-date portfolio of spinoffs with in-depth analytics and all necessary information to aid decision-making. On the other hand, it aims to support spinoffs with the most complete and up-to-date database of VC, PROs, MNCs that are known to especially invest in academic spin-off companies. This one-of-a-kind resource provides detailed data and benchmarks from university tech transfer offices and other university-based research entities so you can compare other PROs' efforts against your own practices in creating and spinning off new companies. Get comprehensive data covering the latest trends and practices in spin-offs creation, financing provisions, equity arrangements, and much more. No other resource provides such an in-depth look into key data so you can compare your numbers and see how you stack up against other organisations — and use the data to point you to areas for improvement.
Please note that the website is not stable because its currently under developement.
Target group
Our customers/subscribers are those users interested in monitoring research commercialization activities within the global University technology transfer and innovation ecosystems. Our target market consists of:
Research Institutions/ Technology Transfer Offices/Incubators
Corporate Companies,Law Firms and Service Providers
Investors
Spin-Offs and Academic Start-ups
Research Scientists, Faculty members, Students
Economic Development agencies and Policy Makers
Challenges
Lack of funding: We require equity investment or government grant to fund the first 6 months of operations.
Time: Currently, the founder is the only one doing everything.
Software development: The owner does not have a software development background.
Our Story
Every year, OECD member states spend over 1 trillion EUR in basic and applied research. European initiatives alone cover over €400 billion worth of R&D subsidies under the current 2021-2027 framework program, which will result in several thousands of innovative spin-off companies to be developed. An academic spin-off is a company whose activities, products and/or services are based on knowhow, technology and/or research results generated at the university. Creation of spin-off companies is one way of commercialising technologies developed at universities. Due to their origin from universities, academic spin‐offs operate at the forefront of technological development and often serve as mediators between academic research and industry applications. They bring intangible benefits to institutions and regions by enhancing reputation and image; attracting dynamic, entrepreneurial students and researchers; enriching research quality; and forging closer ties to industry. Spin-offs are believed to be at the core of clusters of new technology intensive firms that form around universities and public laboratories. They are also prized for their ability to flexibly respond to industrial opportunities thus leading the way into novel technology and knowledge intensive disciplines. For these reasons, spin-offs are a very visible and politically attractive conduit of technology transfer. A good example of a university innovation made possible with public funding is BioNTech. The spin-off from Mainz University received €9.4 million in government grants during its earliest years to support the development of cancer therapeutics, as well as vaccines for infectious diseases, including COVID-19. Today, BioNTech is valued at $22 billion.
As the EU and other OECD member states continue to support thousands of more cutting-edge innovations, there are many more potential BioNTech-like companies to be discovered. In fact, Research institutions in the OECD Member states spin off an impressive number of companies – more than 3000 per year. Prompted by the proliferation of activities in this sector (see market trend below), our concern was that whilst the numbers of Research Based spin-offs (RBSO) could readily be counted, little is known about the reality behind the numbers and, therefore, what weight of interpretation should be put on exisiting RBSOs data. According to OECD, Much of the information on academic spin-off companies is gathered on an ad hoc basis, often through external studies contracted to consultants on an irregular basis. Given the often decentralised nature of technology transfer activities, the process of data collection on the impact of spin-off companies can be burdensome for PROs. PROs are therefore forced to rely on a patchwork of data sources which can be challenging to secure robust information on the external investment raised and turnover of spin-off companies, particularly for those companies that have left the PRO’s orbit.
This is the background within which we founded SpinoffIntelligence UG.
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