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FAQ

Below are answers to some of the questions LU Innovation is asked most frequently.

Please get in touch if you can't find the information you're looking for!

 

How long has LU Innovation been in existence?
Who can use our services?
When should I contact LU Innovation?
Whom do I contact?
What is required for LU Innovation to finance a patent application?
How much does it cost?
What determines whether LU Holding AB becomes a co-owner?
How does LU Innovation work with social innovations?

 

How long has LU Innovation been in existence?

There has been a unit working on the commercialisation of research at Lund University since the mid-1990's. The LU Innovation in its present form, with overall responsibility for innovation, was established in 2009.
 

Who can use our services?

Our services are aimed at researchers, doctoral students and employees at Lund University. In some cases we also help students, although they most often go straight to the student incubator, VentureLab.

 

When should I contact LU Innovation?

As well as giving advice and support when you want to commercialise your research results, we can help you before the idea is even born. For example, we can show you how to use patent databases, so that you don't risk spending time coming up with research findings that have already been reached.

If you are thinking of applying for a patent for your discoveries, we can provide advice and support both before and during the patenting process. We can also help to finance the initial costs. Find out more about our patent support. 

Before founding your company, you may need help to verify that the idea really is suitable for commercialisation, i.e. that there is a real need and market for your discovery. It is also a good idea to get help at an early stage with business development, legal issues and contact with investors and partners. 

 

Whom do I contact?

Our business developers have different areas of expertise. You can read more about them on our contact pages. You can always use the contact form or email us at info [at] innovation.lu.se.

 

What is required for LU Innovation to finance a patent application?

Our starting-point is firstly the project's potential for commercialisation. But for LU Innovation to assume the costs associated with a patent application, the project must also be able to justify in what way a patent would reinforce the business. Thus the role the patent would play in a future commercialisation process is crucial.

 

How much does it cost?

LU Innovation is part of Lund University. Our services are therefore free for all who work at the University. When a company is formed, the holding company LU Holding AB sometimes becomes a part-owner. When the company's shares are sold, any profit made goes to support new research projects.

 

What determines whether LU Holding AB becomes a co-owner?

In order for the holding company to invest in a company, the latter must be assessed as having a major potential for growth and be based on innovative technology or methods. In addition, the researcher or researchers behind the company must be willing to take in external capital if necessary and to complete the team with further skills. Read more about what we can bring as partners in a company.

 

How does LU Innovation work with social innovations?

One of our portfolio companies, Finja Five, focuses on teaching schoolchildren in developing countries about human rights. This happens through online teaching delivered via computers placed in schools. 

 

 

Do you have an idea?

Togehter we can make your research benefit society. 

Get in touch with us!

And remember – better too early than too late!

 

Learn more about LU Innovation