EnterpriseOD™
Our EnterpriseOD™ programme is designed to support University of Birmingham academics to do what they do best - innovate. EnterpriseOD™ offers a flexible, comprehensive solution for researchers wishing to trial their service on the market without the risks associated with launching a new company. It also provides an effective incubator, complete with guidance from our entrepreneur-in residence.
Operating Divisions
As part of the programme, academics can set up their own commercial entity known as an Operating Division (OD). This means academics can operate in the market, much like a limited company, but with the legal management, insurance and financial management being carried out by University of Birmingham Enterprise. Academics are free to concentrate on getting market exposure, building their brand and generating revenue.
If the service is commercially viable, a spin-out company can then be created in an informed way, with an established trading history and overall greater confidence in its success.
The programme comprises 3 types of accelerators:
- Consult-OD: for consultancy and service ODs.
- Spin-OD: for ODs embarking on a path to spin-out including incubator support.
- SHAPE-OD: targeted support for operating divisions from the social sciences, arts and humanities.