Terms of reference
- to consider and approve, on behalf of the university, the arrangements for commercialisation of university intellectual property where the value of the intellectual property is expected to exceed £250,000
- to act as a supervisory board in overseeing the university's interest, purchased from University Challenge Funds (UCF) monies in companies and in considering all future investments from available UCF cash
- to support the acceleration of exploitation opportunities for university intellectual assets which have significant economic and social impact
Membership and Appointment of Chair
The Vice-Chancellor is Chair of the Board. The Membership of the Board is approved by Council.
Alternates are not permitted. See Council Standing Orders 17(iv)
There shall be a quorum at meetings of one-third of the membership. See Council Standing Order 16(vi)
Minutes are submitted to Council.
Owner: University Ventures Board
Approval Date: 5 July 2007, revised 3 July 2008, 16 May 2013
Approved By: Council
Date of last review: 16 May 2013