Abstracts

Science is a warehouse of ideas, these ideas can come in the form of eureka moments, new research avenues, new methods or innovative solutions for long-standing problems. However, the potential of many of these ideas ends after they have reached the scientific community via publication, rarely are these ideas or solutions considered as being made into a sellable product or service. Often it is the case that investors would partner with researchers at universities to gain their expertise and the scientific research required for the development of the product. This is typically facilitated by the Technology Transfer Office (TTO) of the participating university, however the TTO can also provide the required support for researchers to develop their own ideas into a start-up or spin out. The TTO guides researchers through the processes of commercialisation along with exploring available funding options. As plant science researchers with an ERC proof of concept grant, we are currently in the Research and Development (R&D) stage of the commercialization process and can offer insights into the principles, procedure and challenges. This poster presentation will highlight the step-by-step process from idea generation through to product development and validation. This will include tips about design thinking, IP protection and supports for funding and commercialisation.