1. Enabling Innovation Ian Tracey Ian.tracey@stfc.ac.uk Ian.tracey@uk-if.org 07734 111 223

2. It’s not easy being a TTO Broad range of areas to commercialise Ideas tend to have many unknowns Market analysis is difficult / expensive Triage

3. Typical issues Company focus driven by management team Management team recruited according to TTO impression Inappropriate management long term consequences.

4. Investors like Proven management team Big opportunity Customers Patent / other protection But TTO’s often start off with just one ‘tick’

5. It is all about people Expand the gene pool Industry experience beats theory Encourage collaboration Keep support, supportive

6. Members Research Councils Universities Knowledge Transfer Networks Science Parks Others