Research & Enterprise Services (RES)
Spinout Companies & Enterprise Creation
Heriot Watt University has a strong track record in commercialisation of intellectual property through creation of technology companies.
Our first spin-out was formed in 1971. In the last forty year Edinburgh Instruments Ltd has grown into a multimillion business employing over 60 people and based in a purpose build facility just outside Edinburgh.
Since then Heriot Watt has created 35 spin-out companies, 70% of which are either trading or have successfully exited.
List of HWU Spinouts
Recent Spinout Achievments
SeeByte case study
Heriot Watt University operates a transparent, streamlined Spin-Out process that is governed by the Spin-Out Policy described in the Regulation 42. Each opportunity is reviewed by a 3 stage approval process: including Head of School, Innovation Exploitation Board and Commercialisation Policy Group.
RES provides information on preparing a Business Plan and Directors Responsibilities as well as a series of training options for budding entrepreneurs.
The Spinout Process
HWU Spin Out Policy
How to write a good business plan
Guidelines for Managers and Directors of Spinout Companies
RES Legal Services and Advice
RES runs a number of initiatives such as Converge Challenge® Business Competition that provide any member of staff or student at Scottish Universities an opportunity to explore commercial potential of their ideas.
Converge Challenge
The company formation at Heriot Watt is supported by a dedicated Enterprise Creation Team within Research and Enterprise Services (RES) .
RES staff has first-hand experience in starting and running technology companies and provides bespoke support for the founding teams in relation to IP due-diligence, market engagement, team building and fundraising.
Enterprise Creation Manager
0131 451 3870
or
Technology Transfer Manager
0131 451 3616