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Universities are rising to the challenge of commercialisation inventions, research, innovations, discovery and intellectual property. This is done through a variety of methods and funding sources which are made available to Universities. One of which is the Northern Accelerator brand.
PulmoBiomed Technology
Breath analysis opens up a new non-invasive source of diagnostic data. Solving the challenges of creating a diagnostic platform based on breath will generate a raft of patient-centred solutions, products and commercial opportunities.
The initial brief of the executive will be to:
(1) Produce a viable business plan;
(2) Obtain university approval for the venture;
(3a) Act for the company in the spin-out legal process and address all company formation matters;
(3b) Obtain founder academics' and Northumbria University (including the Director of Research and Innovation) approval for appointment as CEO.
(3c) Provide to the appropriate university all matters necessary for ERDF / Research England reporting requirements;
(4) Secure (venture capital and / or other) funding in accordance with the business plan.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Nuage Vision Ltd | 09067589 | £30,000 | - |