[Worldkings] Top ideas organizations in the world (P. 43) Innovation Factory (UK): A place to promote the development of bright ideas at the University of Manchester


(Worldkings.org) Innovation Factory's core mission is to use the intellectual property nurtured at the University of Manchester to create positive social, economic and environmental impact.

The Innovation Factory works with academic inventors and students to identify research with the potential to create value. The “factory” will then transform these studies into a form where they can be applied to benefit society as a whole.


Access to innovations can be created through technology licensing or the creation of new subsidiaries. Innovation Factory aims to provide a world-class service to academic colleagues as well as industry; business man; licensee; venture capitalists & angel investors and corporate venture partners. The Innovation Factory aims to have a truly global reach and, with the scale and quality of research taking place at The University of Manchester, it has the ambition to be one of the world’s most effective Technology Transfer organisations.

Innovation Factory believes that having a diverse workforce makes them a stronger and more capable organization. The “Factory” is committed to encouraging and supporting academic entrepreneurs and students from diverse backgrounds who want to start new companies and develop new, high-impact intellectual property.


An annual program under the Innovation Factory is Ideas with Impact. This program is a charity funding program for bright ideas in the University of Manchester community. Ideas with Impact seeks to select the most inspiring, commercially viable innovations that accelerate early-stage research projects, allowing them to reach their full potential globally.

The researchers selected to participate in Ideas with Impact will work closely with the commercialization team at the Innovation Factory, who will use the funding to implement participants' exciting ideas, overcoming obstacles. finances that the participants may encounter.


According to uominnovationfactory.com

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