University Challenge Fund (NI)

The £2.75m UCF (NI) fund was set up after Queen’s and University of Ulster were jointly successful in a UK wide bid for funding to assist Universities ´secure the utility of their discoveries´. UCF (NI) can make seed capital investments of up to £100,000 in new spin out ventures from either University. With this funding, Queen’s and University of Ulster are able to make larger seed capital investments at an earlier stage than was previously possible through either QUBIS Ltd or UUTECH Ltd. The Fund Manager is Mr Panos Lioulias the QUBIS Ltd Chief Executive. QUBIS Ltd staff also provide support services for the University Challenge Fund.