Objectives

The overall aims and objectives of QUBIS Ltd are:

• To establish 1 or 2 new business ventures per annum, using joint ventures with outside partners where possible, and to encourage academic staff to take a stake in each new enterprise.
  
  
• To maintain and grow the existing businesses within the portfolio both in terms of profitability and employment levels.
  
  
• Our service type ventures are expected to become profitable at an early date, year two being the target. In the case of more capital intensive, or R&D led ventures, these are expected to be profitable within 3-5 years.
  
  
• To re-invest. With a given portfolio of businesses some partners, management or other interested parties may wish to buy out some or all of the QUBIS Ltd stake. This has happened in the cases of Textflow, PL Coatings, Audio Processing Technology Ltd, Biosyn Ltd, Merlin Microwave Ltd, Global Telemed Ltd and Quchem Ltd. The proceeds of these sales have subsequently been used for re-investment in further new ventures.