Imperial Innovations
Encyclopedia
Imperial Innovations is a British technology transfer
Technology transfer
Technology Transfer, also called Transfer of Technology and Technology Commercialisation, is the process of skill transferring, knowledge, technologies, methods of manufacturing, samples of manufacturing and facilities among governments or universities and other institutions to ensure that...

 and commercialisation company. The company was founded in 1986 and its ordinary shares admitted to trading on the Alternative Investment Market
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 of London Stock Exchange plc in July 2006, raising £25 million at an offer price of 365p and £1 million by means of a public offer.

The company’s integrated approach encompasses the identification of ideas, protection of intellectual property, development and licensing of technology and formation, incubation and investment in technology businesses. A wide range of technologies are commercialised within the areas of healthcare, energy, environment and emerging technology trends.

History

On 4 November 2010 Prime Minister
Prime Minister of the United Kingdom
The Prime Minister of the United Kingdom of Great Britain and Northern Ireland is the Head of Her Majesty's Government in the United Kingdom. The Prime Minister and Cabinet are collectively accountable for their policies and actions to the Sovereign, to Parliament, to their political party and...

 David Cameron
David Cameron
David William Donald Cameron is the current Prime Minister of the United Kingdom, First Lord of the Treasury, Minister for the Civil Service and Leader of the Conservative Party. Cameron represents Witney as its Member of Parliament ....

 revealed in a speech given in East London that Imperial Innovations had agreed to advise on the creation of an accelerator space for spinout companies at the Queen Elizabeth Olympic Park as part of the new East London Tech City
East London Tech City
East London Tech City is a technology hub located in London, United Kingdom. Tech City broadly occupies the part of London's East End between Old Street and the Queen Elizabeth Olympic Park in Stratford. Cisco Systems, Facebook, Google, Intel Corporation, McKinsey & Company and Vodafone are among...

 hub.

Sources of Technology

In April 2005 Imperial Innovations entered into a 15-year agreement with Imperial College London
Imperial College London
Imperial College London is a public research university located in London, United Kingdom, specialising in science, engineering, business and medicine...

 to commercialise technology derived from research at Imperial. Imperial Innovations also commercialises technologies originating from outside Imperial College through incubation contracts with the Carbon Trust and Waste & Resources Action Programme
Waste & Resources Action Programme
WRAP works with businesses, individuals and communities to help them reap the benefits of reducing waste, developing sustainable products and using resources in an efficiency way....

 and has commercialisation contracts with a number of multinational corporations including BAE Systems
BAE Systems
BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

.

Spin-out companies

Imperial Innovations has established equity holdings in approximately 70 companies, the majority of which are spin-outs arising from technologies developed at Imperial College, and a high proportion of which are biotech or medical devices firms. The companies include: Ixico, Ionscope, and Equinox Pharma.
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