{"id":6594,"date":"2024-03-19T09:11:00","date_gmt":"2024-03-19T09:11:00","guid":{"rendered":"https:\/\/www.cic.vc\/?p=6594"},"modified":"2024-03-28T10:14:54","modified_gmt":"2024-03-28T10:14:54","slug":"andrew-williamson-presents-to-the-house-of-lords-science-and-technology-committee","status":"publish","type":"post","link":"https:\/\/www.cic.vc\/andrew-williamson-presents-to-the-house-of-lords-science-and-technology-committee\/","title":{"rendered":"Andrew Williamson presents to the House of Lord\u2019s Science and Technology Committee"},"content":{"rendered":"<p>Addressing the House, Andrew Williamson said:<\/p>\n<ul>\n<li>The recommendations emphasised the need for a set of best practices to be adopted by all stakeholders, and for university tech transfer offices to autonomously manage business affairs, building upon existing initiatives like\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/ten-u\/\" data-attribute-index=\"2\" data-entity-type=\"MINI_COMPANY\">TenU<\/a>. Government involvement, facilitated through\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/research-england\/\" data-attribute-index=\"4\" data-entity-type=\"MINI_COMPANY\">Research England<\/a>, aims to spur the adoption of these best practices, nudging university leadership towards quicker adoption<\/li>\n<li>The report also highlighted a crucial gap in translational funding, where UKRI funding often falls short in advancing technology to the commercialisation stage. To address this, a \u00a320 million translational fund has been announced. Though modest in scale, if this is successful in the first couple of years we would hope to see this expanded.<\/li>\n<\/ul>\n<div style=\"width: 1024px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-6594-1\" width=\"1024\" height=\"576\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/www.cic.vc\/wp-content\/uploads\/2024\/03\/Science_and_Technology_Committee_Lords__19_03_24_10_25_03.mp4?_=1\" \/><a href=\"https:\/\/www.cic.vc\/wp-content\/uploads\/2024\/03\/Science_and_Technology_Committee_Lords__19_03_24_10_25_03.mp4\">https:\/\/www.cic.vc\/wp-content\/uploads\/2024\/03\/Science_and_Technology_Committee_Lords__19_03_24_10_25_03.mp4<\/a><\/video><\/div>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/parliamentlive.tv\/event\/index\/f986e9f6-a3e0-4fd0-89bb-b8cb9fc5f789\" target=\"_blank\" rel=\"noopener\">Watch the full session here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Addressing the House, Andrew Williamson said: The recommendations emphasised the need for a set of best practices to be adopted by all stakeholders, and for university tech transfer offices to autonomously manage business affairs, building upon existing initiatives like\u00a0TenU. Government involvement, facilitated through\u00a0Research England, aims to spur the adoption of these best practices, nudging university [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1995,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5,30],"tags":[45],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Andrew Williamson presents to the House of Lord\u2019s Science and Technology Committee - Cambridge Innovation Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cic.vc\/andrew-williamson-presents-to-the-house-of-lords-science-and-technology-committee\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Andrew Williamson presents to the House of Lord\u2019s Science and Technology Committee - Cambridge Innovation Capital\" \/>\n<meta property=\"og:description\" content=\"Addressing the House, Andrew Williamson said: The recommendations emphasised the need for a set of best practices to be adopted by all stakeholders, and for university tech transfer offices to autonomously manage business affairs, building upon existing initiatives like\u00a0TenU. 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