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How is a spin-off different from a normal business and what advantages does this bring?

Spin-off companies are intended to guarantee the economic benefits of the skills and findings gained from research, and embody the desire to use ULB’s scientific activity to create added value and launch new business ventures. Spin-offs make a firm contribution to both the job market and the economy, and are all the more promising when they have the potential to maintain or develop advanced technical skills while preserving close ties to the University and its cutting edge research.

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Can a researcher become an entrepreneur?

There are different kinds of entrepreneur. In general an entrepreneur is a self-starter, someone who is able to identify and seize opportunities, is persuasive, and able to plan for or manage the risks inherent to their project. The list of personality traits for entrepreneurs is long: flexibility, creativity, self-confidence, leadership, conscientiousness, solution-focused, decisive, a team player... the list goes on.

In addition to these qualities, it is essential that an entrepreneur be 100% committed to their project, and is willing and able to persevere in order to achieve the desired results. Inevitably, there will be peaks and troughs throughout the life of the business, making it imperative that their motivation is solid. And where does this motivation come from? Personal accomplishment, freedom, the desire to set out alone, social recognition... and the financial rewards of success.

For researchers who decide to create a spin-off, it is important to decide early on exactly what role they wish to play in the new company. Will they leave the university? Or act as an occasional consultant? Will they be the boss (e.g. CEO)? Or occupy a more technical post (e.g. CFO)?

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Who holds intellectual property rights for spin-offs?

When creating a spin-off, a licensing agreement is signed between the company and the ULB. Under the terms of the licence, the university grants the spin-off commercial rights over the resulting intellectual property, meaning that the intellectual property remains under ULB ownership.

The licensing contract specifies what exactly is licensed (technology, skills, software, database, etc.), sets the financial conditions and defines operating conditions (exclusivity, applications covered, sub-licensing conditions, responsibility for maintaining IP protection, methods of analysis, exit clauses, etc.).

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In order to use a technology for commercial purposes, is it necessary to license a technology or create a spin-off?

Governments and university management, especially in Europe, tend to favour the creation of high-tech companies rather over strategies based on licensing. This is in part explained by the increase in venture capital put forward by governments to promote the creation of new companies. The main issue, however, remains knowing which is the best channel for transferring your technology to the market. The answer to this depends on the technology in question, the market, the skill-set of the personnel and researchers responsible for the invention, the availability of venture capital and, last but not least, the institution’s strategy.

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Amoobi

Description : Mobile positionning

Site Internet : amoobi.com

Unité de recherche : OPERA - Wireless Communications Group

Date de création : 2011

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A-Ulab

Description : asbestos analysis

Site Internet :

Unité de recherche : service de pneumologie de l’Hôpital Erasme

Date de création : 2012

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Biotech tools

Description : Production of devices for the diagnosis and treatment of immune diseases

Site Internet : biotech.be

Unité de recherche :

Date de création : 1997

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Bioxodes

Description : Immunology

Site Internet : recherche-technologie.wallonie.be/projets/...

Unité de recherche : parasitologie moléculaire

Date de création : 2010

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Bonetherapeutics

Description : Cellular therapy

Site Internet : bonetherapeutics.com

Unité de recherche :Service de Rhumatologie et unité de thérapie cellulaire et moléculaire

Date de création : 2006

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Decis

Description : Development of computer applications on data visualization resources ICT optimization

Site Internet : decis.be

Unité de recherche : Institut de Recherche Interdisciplinaire en Biologie Humaine et Moléculaire

Date de création : 1992

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Decision Sights

Description : Support to multicriteria decision aid

Site Internet : d-sight.com

Unité de recherche : laboratoire CoDE

Date de création : 2010

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Delphi Genetics

Description : DNA engineering

Site Internet : delphigenetics.com/

Unité de recherche :

Date de création : 2001

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DNA Vision

Description : Molecular biology

Site Internet : dnavision.com/

Unité de recherche :

Date de création : 2004

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InSilico Genomics µ

Description :provides a web-based genomic database management system: InSilico DB

Site Internet : insilico.ulb.ac.be/

Unité de recherche : Business Intelligence

Date de création : 2012

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Epsynomics

Description : Breast cancer prognosis

Site Internet : ulb.ac.be/rech/spin-off/epsynomics.html

Unité de recherche :

Date de création : 2008

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ETT

Description : Endoscopic devices

Site Internet : endotools.be

Unité de recherche : BEAMS-Biomécanique et Instrumentation

Date de création : 2009

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Euro Heat Pipes

Description :Thermal regulation of spatial devices

Site Internet : ehp.be

Unité de recherche : Micro Gravity Research Center

Date de création : 2001

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Euroscreen

Description : Biopharmacy

Site Internet : euroscreen.be

Unité de recherche :

Date de création : 1994

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Henogen

Description : Experimental allergology

Site Internet : novasep.com

Unité de recherche : Laboratoire d'Allergologie Expérimentale

Date de création : 2000

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Human Waves

Description : services and products in the field of neurotechnology

Site Internet : humanwaves.be

Unité de recherche : Laboratory of Neurophysiology and Movement Biomechanics (LNMB)

Date de création : 2012

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HMS

Description : Archaeological sites management

Site Internet : hms-archeology.com

Unité de recherche : Faculté de Philosophie et Lettres

Date de création : 2006

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Lambda X

Description : space optics and optics methodology

Site Internet : lambda-x.com

Unité de recherche : Micro Gravity Research Center

Date de création : 1996

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MasTherCell

Description : Development of a production system of therapeutic activity cells

Site Internet : masthercell.com

Unité de recherche :

Date de création : 2011

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MDB

Description : Anesthaesia and physical therapy devices

Site Internet : ulb.ac.be/rech/spin-off/mdb.html

Unité de recherche : BEAMS-Biomécanique et Instrumentation

Date de création : 2009

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Mentis

Description : Artificial Intelligence

Site Internet : mentis-consulting.be

Unité de recherche : CoDe - IRIDIA - Business Intelligence

Date de création : 2005

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MHBelgium and MHMadagascar

Description : Sea cucumber aquaculture

Site Internet :

Unité de recherche :

Date de création : 2008

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Micromega dynamics

Description : Vibration deadening system

Site Internet : micromega-dynamics.com

Unité de recherche : Active Structures Laboratory

Date de création : 1999

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Optimal design

Description : MSoftware applications for logistics

Site Internet : optimaldesign.com

Unité de recherche : Mécanique Analytique et CFAO

Date de création : 1997

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Ovizio

Description : Water quality assessment through holographic microscopy

Site Internet : ovizio.com

Unité de recherche : Micro Gravity Research Center

Date de création : 2009

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SQR Technologies

Description : Computer services based on quantum technologies

Site Internet : sqrtech.com

Unité de recherche : Centre for Quantum Information and Communication (QuIC)

Date de création : 2010

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Unibioscreen

Description : Cancer diagnosis

Site Internet : unibioscreen.com

Unité de recherche : Institut de Pharmacie

Date de création : 1999

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Technology Transfert - Université libre de Bruxelles
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ULB Spin-offs

There are currently 27 active spin-offs, 18 of which were created between 2006 and 2012 (an average of three per year since 2008), generating some 315 jobs..


Nom

Description

Plus d'infos?

Amoobi

Mobile positionning

A-Ulab

asbestos analysis

Biotech tools

Production of devices for the diagnosis and treatment of immune diseases

Bioxodes

Immunology

Bone therapeutics

Cellular therapy

Decis

Development of computer applications on data visualization resources ICT optimization

Decision Sights

Support to multicriteria decision aid

Delphi Genetics

DNA engineering

DNA Vision

Molecular biology

InSilico Genomics

provides a web-based genomic database management system: InSilico DB

Epsynomics

Breast cancer prognosis

ETT

Endoscopic devices

Euro Heat Pipes

Thermal regulation of spatial devices

Euroscreen

Biopharmacy

Henogen

Experimental allergology

Human Waves

services and products in the field of neurotechnology

HMS

Archaeological sites management

Lambda X

space optics and optics methodology

MasTherCell

Development of a production system of therapeutic activity cells

MDB

Anesthaesia and physical therapy devices

Mentis

Artificial Intelligence

MHBelgium and MHMadagascar

Sea cucumber aquaculture

Micromega dynamics

Vibration deadening system

NoLink and Everyone

Mobile telephony

Optimal design

Software applications for logistics

Ovizio

Water quality assessment through holographic microscopy

SQR Technologies

Computer services based on quantum technologies

Unibioscreen

Cancer diagnosis