Midlands Innovation Commercialisation of Research Accelerator (MICRA)
Lead higher education institution (HEI): University of Birmingham
Higher education (HE) partners: Aston University, Cranfield University, Keele University, University of Leicester, Loughborough University, University of Nottingham and University of Warwick
This project is establishing the UK’s largest, formal technology transfer office collaboration, which will be built across the eight Midlands Innovation (MI) alliance universities. The project will provide a shared knowledge exchange network and ‘gateway’ to the MI alliance’s collective intellectual property (IP) resources, develop the alliance’s entrepreneurial academic capacity, showcase the MI’s collective IP to business and investors and drive a connected Midlands incubator and accelerator ecosystem.
The combined ‘technology transfer offices’ (TTOs) will work together to build a spin-out and start-up ecosystem that will accelerate innovations to market. The joint pipeline of scalable investment opportunities created will attract major private investment funding (through patient capital) and increase the number of Midlands spin out jobs generated from research investment.