The start up and research start up regulation of the University of Trento (July 2015) identifies two types of business entities:
- Start up: any business entity in which the University may be a shareholder and aiming at developing, producing and trading goods and services that are the results of the University's research activities and to which the applicant gave its contribution;
- Research start-up: any business entityin which the University may be a shareholder and aiming at developing pre-competitive products and services that are the results of the University's research activities and to which the applicants gave their contribution.
The start up/research start up creation process can be divided into 6 steps of implementation:
1. Technology disclosure
In this initial stage researchers interested in creating a Start up contact the TT Area of the Research and Technology Transfer Support Division in order to describe the business idea and the related technologies and to identify the most suitable business opportunities.
- TT Area
- Start up: the proposal is made by members of the University: one or more professors/researchers or one or more administrative staff member/s;
- Research Start up: the proposal is made by members of the University: one or more professors/researchers, administrative staff member/s, post-doc researcher/s, graduate/s (holding "laurea specialistica" or "laurea magistrale" from less than one year), PhD students, PhD holders from less than one year, other collaborators who, in the last three years, on the basis of contractual relationships with the University, have carried out research for at least two years, focussing on topics related to the subject of the start-up. The proposal by these subjects, with the exception of professors/researchers and administrative staff members, must also be accompanied by a statement of support from at least one professor of the University.
- Board of the Department
- "Presentation letter" - the proposal for the activation of a start up/research start up signed by the proponent - and its annexes:
- personal information of applicants (address, position, cv...);
- information about the company;
- Business Plan;
- draft agreement on the use of space and/or equipment of the University (if necessary);
- draft of company statute and "parasocial" agreement;
- extract of the minutes with the opinion of the Board of the Department;
- summary sheet (by TT area).
2. Start Up Committee
At this stage the Start Up Committee is the main actor; this is the body dedicated to the evaluation of proposals for creation of academic start ups and research start ups. In particular it expresses an opinion on the applications; it checks for each proposal the lacking of any possible conflict of interest between University institutional mission and entrepreneurial activities; it expresses opinions on the revocation proposals of the spin off or start up status.
- Start up Committee
- TT area
This stage concludes with the opinion of the Start up and Patents Committee.
3. Academic Senate
The Academic Senate is the body that governs scientific production and teaching at University. It cooperates with the Rector in the targeting, planning and coordination of teaching and research activities. Moreover, taking into consideration the proposals of the individual areas of the University, it collaborates with the Rector in determining the scientific and teaching plans and their fulfilment, the allocation of resources and the recruitment of professors and researchers. (art. 11, Unitn Statute).
- Academic Senate
- TT Area
This stage concludes with the opinion of the Academic Senate.
4. Council of Administration (CDA)
The Council of Administration (CDA) is the body that governs and is responsible for the general organisation of the University. At this stage, the TT Area notifies to the Council of Aministration the summary sheet, which summarizes all the steps already done and the opinions acquired. Therefore, the presentation of proponent takes place within the Council.
- The Council of Administration (CDA)
- TT Area
This stage concludes with the Council of Administration Resolution.
5. Company foundation (just if the University is a shareholder)
The TT Area, in the case of start ups or reserach start ups creation, supports the foundation of the company that takes the form of payment by the University of share capital and the appointment of a director on the recommendation of the Rector.
6. Closing phase
The new company is included in the list published on the Website