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DEAL READINESS TOOLKIT
Helping streamline the commercialisation process
Whether you’re an academic, a technology transfer professional, a lawyer, or an investor, the Toolkit provides a clear, structured pathway for spinning out or licensing research, as well as securing or making investments.
About the Toolkit
The Deal Readiness Toolkit, funded by Research England, was developed by SETsquared, the enterprise partnership of six leading research-intensive universities. This pilot programme combines guidance, playbooks, standardised legal templates, and checklists to create a new industry standard – helping Technology Transfer Officers, academic originators, investors, and licensee companies make faster, more effective deals.
Access the Toolkit
Launching the Deal Readiness Toolkit
Take a look at our Deal Readiness Toolkit launch that we held in London. The Toolkit is designed to streamline and standardise the research commercialisation process, making it faster and more efficient for everyone involved.
Watch the videoResources
PLAYBOOKS
How to guides explaining the 'why' and the 'how' of the commercial deal, ensuring an efficient process.
TEMPLATES
A suite of lawyer-reviewed, legal templates for everyone in the commercial deal to use.
CHECKLISTS
Useful checklists to ensure that all critical elements are considered in the commercial deal.
The Pathways
The Deal Readiness Toolkit supports two different commercialisation pathways:
Licensing and Spin-out creation.
Licence Pathway
Licensing an invention allows an existing company to use it for a specific purpose as outlined in a licence agreement. In this arrangement, the University retains IP ownership while both the University and the inventors share in the agreed benefits — whether financial or otherwise.
Choose this pathwaySpin-out Pathway
A spin-out is formed by registering a new company that licences intellectual property (IP) generated by university-based research. The process begins when an academic discloses an invention to the University’s Technology Transfer Office (TTO), followed by negotiations to establish the IP licence terms.
Choose this pathway
