Imperial's founder-friendly equity scheme has been expanded as part of a wider package of tech transfer reforms.
Imperial College London has beefed up the licensing incentives for its inventors available under its tech transfer policy.
The university’s Founders Choice scheme now automatically awards 60% of any licensing revenue above £1m ($1.3m) to inventors, having previously used case-by-case discretion.
The lower licensing allocation – enabling Imperial founders to keep 100% of revenues up to $64,600 – was expanded so the benefit can be applied to several revenue-generating patents.
Imperial College will also return a…
