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CambridgeEnterpriseAnnualReview2004-05

CambridgeEnterpriseAnnualReview2004-05

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Published by: lennysmall1 on May 04, 2011
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05/04/2011

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Annual Review 2004-2005
 
Cambridge Enterprise Annual Report 2004-05 | 1
Overview of the year
This has been another good year for innovation within the University with127 invention disclosures received by Cambridge Enterprise (CE). The teamhave worked hard with inventors to complete 40 commercial licence dealsand 70 consultancy contracts. Entrepreneurial activity in the University hasbeen high with three spin-outs and 30 start-ups formed, calling on theadvice and support of CE. This has also been a good year financially asrecords have again been broken on licence income – reaching £2.71 million– and consultancy income has stayed steady at £1.58 million. We havereturned £2.08 million of royalty income to inventors and departments,bringing the total returns over the last six years to £4.99 million and£4.44 million respectively from licensing activity.The coming year brings a number of new and exciting challenges – furtherdevelopment of the consultancy service, and of course working towardsour own incorporation as a wholly-owned subsidiary company of theUniversity. These changes will help us to continue to develop the servicesand support offered to academics who wish to commercialise theirtechnology, ideas and expertise.Dr Anne DobréeInterim Director, Cambridge Enterprise

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