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Strategic Alliance Agreement with Emprende UP
for expanding Tekcapital's services in Perú
Tekcapital Plc (AIM: TEK), the UK intellectual property (IP) investment group focused on creating marketplace value from university technology, is pleased to announce that it has executed a strategic alliance agreement with Emprende UP, the incubator & accelerator platform of Universidad del Pacífico (UP) for providing Tekcapital's services in Perú.
Universidad del Pacífico is Peru's leading Business school, through Emprende UP they have been securing seed funding and providing assistance to a large number of start-up companies nationwide.
Commenting on the Strategic Alliance, Dr. Clifford M. Gross, Executive Chairman of Tekcapital, said:"We are very pleased to announce the formation of a Strategic Alliance with Emprende UP to provide technology transfer services with them throughout Perú."
The directors of Tekcapital believe Perú is a rapidly growing market for the Company's technology investment and commercialisation services.
Also commenting on the Strategic Alliance, Javier Salinas, Director of Emprende UP, said:"Our strategic alliance with Tekcapital will change the intellectual property landscape for universities and entrepreneurs in Peru."
Tekcapital creates value from investing in new, university-developed intellectual properties and provides a range of IP investment services to make it easy for organisations to commercialise university-developed technology. Tekcapital is quoted on the AIM market of the London Stock Exchange (AIM: symbol TEK) and is headquartered in Oxford, in the UK. For more information, please visit www.tekcapital.com
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