Isis Enterprise receives Queens Award for Enterprise
- 21 April 2015
- Awards and Appointments
Technology and innovation management consultancy Isis Enterprise is celebrating being named as winner of a 2015 Queens Award for Enterprise – the UK’s highest accolade for business success.
Based within the University of Oxford’s successful technology commercialisation company Isis Innovation, Isis Enterprise won the award for its success in International Trade, working with university researchers, corporates, investors and governments worldwide to provide training and to accelerate the development of technologies into new products and services.
Isis Enterprise has grown from a small specialist service, based in Oxford UK, to provide expert consulting in more than 50 countries with internationally-based staff and associates.
Established in 2004, it is now a £2.8m business employing 17 full time consultants. Over 88 per cent of Isis Enterprise’s consulting revenue comes from working with clients outside the UK.
Isis Innovation managing director Tom Hockaday said: “We are extremely proud that the worldwide impact of our expertise and consulting efforts has been recognised by this Queens Award. We have seen a real need for programmes which assist high growth countries and institutions with quality research to find the best path to market. For example, at the University of Malta we developed an entrepreneurship Master’s course for founders of technology ventures. It has led to the creation of new businesses and the course is now being taught by local staff. And in Malaysia we are working with a group of LED lighting companies to boost their international growth and product development.”
“This success has been built on our experience with long term clients here in the UK including Aston and Cranfield Universities, assisting them to commercialise their most promising research.”
In China, where Isis Innovation has a subsidiary company, Isis Enterprise has struck a successful strategy of forming joint venture companies, securing investment from Chinese regional governments and private investors to identify and license technologies and products that they can further develop and make available to Asian markets. Isis Enterprise provides consulting services to the joint ventures and access to technologies and products via its international networks.
Malaysia was the largest export market for Isis Enterprise in 2014 at 36 per cent of sales, followed by China at 32 per cent. Isis Enterprise also has offices or expert local consultants in Hong Kong, Spain, Japan, UAE, Oman and Australia and has provided expert consulting to Colombia, Argentina, France, Chile, Mexico, South Africa and Thailand. They have been supported in their international activities by both the UKTI and British Embassies.
Isis Innovation Ltd
About Isis Innovation
Isis Innovation is the research and technology commercialisation company of the University of Oxford. We provide access to technology from Oxford researchers through intellectual property licensing, spin-out company formation and material sales, and to academic expertise through Oxford University Consulting.
Isis is the highest university patent filer in the UK and is ranked 1st in the UK for university spin-outs, having created more than 100 new companies in 25 years. In the last financial year we completed 503 licenses and consulting agreements. Isis Enterprise, our innovation management consultancy, signed 85 deals with university, government and industrial clients from offices around the world.
Isis was named ‘Technology Transfer Unit of the Year 2014’ by Global University Venturing.
About the Queens Awards
Approximately 140 Queen’s Awards have been announced this year for outstanding business achievement in the fields of International Trade, Innovation and Sustainable Development.
Winners of The Queen’s Awards can expect an invitation to attend a special reception at
Buckingham Palace. They can also use The Queen’s Award Emblem in advertising, marketing and on packaging for a period of five years as a symbol of their quality and success. The awards are made annually by HM The Queen, and are only given for the highest levels of excellence demonstrated in each category.
To find out more about next year’s awards visit www.gov.uk/queens-awards-for-enterprise/overview