UL Innovation Fund 2023
APPLICATIONS FOR THE CALL ARE NOW CLOSED.
The UL Innovation Fund is intended for UL researchers who have a technology or solution for already identified challenges, but are missing a step or two to bring it closer to realization.
The University of Ljubljana, including its members, invests considerable resources in the legal protection of intellectual property (mainly patenting). However, since these technologies are at lower levels of technological readiness, they may be less interesting for industrial partners. To facilitate the commercialization of technologies, the University established the Innovation Fund. Both technological and non-technological projects can apply.
Which projects does the Innovation Fund target?
Knowledge transfer projects which lack any of the following steps needed to conclude a licensing/assignment contract, contract on joint development, or apply for a bigger tender to verify the concept :
- A feasibility study,
- Market research,
- A working prototype,
- Confirmed functioning of the technology in an industrial/clinical environment,
- Establishment of relations with relevant businesses.
Who can apply?
- Research projects, whose intellectual property is owned by the University of Ljubljana.
- If there are several owners, the technology shall be at least 50% (if there are two owners) or at least 30% (if there are three or more owners) owned by the University of Ljubljana.
- If the project involves University’s know-how, appropriate legal relations shall be entered into with the University of Ljubljana.
- An individual researcher may participate only with one project application.
- Labour costs for a new/additional associate at the University of Ljubljana (up to 20% of the funds received)
- Material costs
- External costs (consulting services, feasibility study, prototype production, market analysis or research)
- Equipment (up to 30% of the funds received)
- Participation or appearance at trade shows
Funds per project
EUR 5,000 to 25,000
How do I apply?
We advise everyone interested in the UL Innovation Fund to contact the Knowledge Transfer Office before applying.
The fund recipients shall be selected by a committee consisting of six members. The final decision on the projects selected shall be made by the University of Ljubljana Rector. The committee may allocate amounts lower than the ones requested to the projects selected.
- Team references
- Project innovation
- Market potential
- Feasibility of the project proposal
- Feasibility of the financial plan
- Letters of support from organisations/businesses
- Intent to establish a spin-off
- The technology will be tested in cooperation with industry partners
Repayment of funds
If the project is commercialised, the Innovation Fund’s investment in the project shall be deemed a direct cost. The commercialisation royalties shall first be used to cover these costs, while the remaining royalties shall be divided in accordance with Article 19 of the Rules on the management of industrial property rights at the University of Ljubljana.
Call for Proposals Documents
For more information contact Simona:
Promotion and strategic IP marketing
Teaching researchers how to present their innovation
Simona Rataj. 11 letters that summarise my strengths and experiences:
I am part of the team who promotes the innovations and knowledge generated by researchers and present both to companies. We connect the research and business communities to create networks for new development projects. We encourage cooperation, as we believe we can achieve much more, and do so more easily, by joining forces.
I have over ten years of experience in promoting and presenting innovation and stimulating development cooperation, which I gained working in the largest Slovenian business association. I am well acquainted with the Slovenian business sector, as well as the domestic and foreign entrepreneurship and innovation support environments.
I hold a master’s degree in economics from the Faculty of Economics and a bachelor’s degree in sociology from the Faculty of Social Sciences of the University of Ljubljana.
Advice in the preparatory phases of the entrepreneurial process
Assistance in finding partnerships and creating a business model
Before joining the Knowledge Transfer Office in 2021, my professional path led me through my interest in philosophy and theology (I have an Advanced Master degree in Theology and Religion from KU Leuven) to work in gastronomy (I have a degree in Hospitality and Tourism) and finally to a start-up accelerator. I worked with start-ups on a daily basis and sat on many juries judging pitches and ground-breaking ideas.
As you can see from my career path, I juggle a lot of interests and walk a fine line between theory and practice. When confronted with a theoretical approach, I always look for ways to implement it. When I observe practices, I recognize the theories behind them. When I see potential in a project, I help with the first steps to a successful business – from pitching to funding.
About the University of Ljubljana Innovation Fund
The University of Ljubljana, including its members, invests considerable resources in the legal protection of intellectual property (especially patenting). However, because these technologies are at a lower technology readiness level, they are less attractive to industrial partners.
To this end, the University of Ljubljana established the Innovation Fund in April 2020, which will enable teams at the University of Ljubljana that develop innovative solutions bring their solutions closer to higher technology readiness level and thus also industrial partners and market.
The funds of the Innovation Fund are allocated to selected projects through the Call.