So, why might you want to start a spin out company? There are various reasons. For example: you might see it as a way of getting rich, or of making a career move, or as creating a mechanism to get your idea, invention, device, therapy ….through from research to those who want it or need it.

A spin out company may not be the best route - seek advice from the technology transfer staff.

If it is, then it will undoubtedly offer you a challenging experience and some real satisfaction if you can succeed in aiding society, creating employment, generating opportunities and, of course, making some money.

Don't be put off because you don't see yourself as a sharp business entrepreneur. The technology transfer staff will be seeking to build the right team around you and there will be opportunities for you to build new skills onto your existing entrepreneurial base of creativity, ambition and vision.