Charles University founded CUIP












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            * Charles University is the first university in the Czech Republic to found a separate sub
            putting scientific knowledge to practice.
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            Charles University is the first university in the Czech Republic to found a separate subsi
            scientific knowledge to practice.
            Charles University extends the limits in the field of the practical use and funding of sci

            and innovation in the Czech Republic. It is the first Czech university to decide to found 
            subsidiary. The name of the company is Charles University Innovations Prague s. r. o., in 
            should function as a bridge between teams of scientists and commercial subjects. The purpo

            be to bring university knowledge and technologies to practical use. The priority of CUIP i
            managing and investing in university spin-off companies.

            Charles University is the first university in the Czech Republic to start an independent s
            this purpose. The concept is absolutely unique in the Czech university system, and it will
            contribute to the transfer of scientific knowledge and technologies from the university en

            commercial partners and thus also to the public. So far, these tasks have primarily been p
            Centre for Knowledge and Technology Transfer of Charles University. The way to the practic
            of a specific scientific output, however, used to be administratively complicated and long

            subsidiary is a break-thorough decision intended to improve the efficiency of the process 
            “It is a historic milestone, by which we extend the existing limits in the field of fundin
            application of science, research, and innovation at Charles University as well as in the e

            Republic. I believe that thanks to CUIP, numerous unique scientific projects and discoveri
            a faster way to their practical use. Taking this step, Charles University stands in line w
            universities all over the world, such as Oxford, Louvain, or ETH Zurich. I firmly hope tha

            become an inspiration for other universities as well,” said the Rector of Charles Universi
            Zima.
            The independent subsidiary, Charles University Innovations Prague s. r. o., is supposed to

            the existing Centre for Knowledge and Technology Transfer of Charles University. The centr
            2007, and with it contributed materially to the genesis of many scientific projects such a
            computer game Attentat 1942, the PRENS method helping incontinent patients or the interact

            aid Homebalance.
            The Centre for Knowledge and Technology Transfer will still remain a part of the universit
            provide legal and patent assistance for science-research teams and look for interesting su

            the university. Once an interesting project is identified and prepared for its commerciali
            subsidiary shall take it over. CUIP will select and ensure the appropriate form of commerc
            means the options of starting a spin-off or selling industrial property or a patent licenc

            “With the foundation of Charles University Innovations Prague, s. r. o., we, as the Centre
            and Technology Transfer of Charles University, gain a strong partner. At the same time, I 
            as a new, flexible instrument which will help us extend the activities of the university i

            knowledge and technology transfer and practical application. I believe that we will explor
            synergy to the maximum. Our cooperation with CUIP will be a benefit both for the academic 
            the external partners of Charles university,“ added the director of the Centre for Centre 

            Technology Transfer, Mgr. Hana Kosová.



            Charles University Innovations Prague, s. r. o.
            Charles University Innovations Prague, s. r. o. (CUIP) is a wholly owned subsidiary of Cha
            The activities of CUIP are supervised by a supervisory board appointed by the Rector of Ch

            The purpose of CUIP is first of all to broaden and improve the efficiency of the existing 
            in the area of innovation and commercializing at Charles University and mediate the contac
            academic community and external investors for the sphere of starting spin-off companies an

            transfers. The expected long-term benefit is an increased number of discoveries and invent
            University which will find their practical application, and, at the same time, an increase
            of external partners and of the amount of cooperation of Charles University through CUIP.


            Spin-off company
            A company using the intellectual property of Charles University to start its business. CUI

            shareholder of such a company.