Frontier IP Group PLC (LON:FIPP) has become involved in ScienceIN2Business, a technology transfer competition run by the University of Lisbon.
The competition invites academics to put forward projects with commercial potential, five of which are then chosen to be taken further.
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Frontier IP said it will provide mentoring support and expert advice to the projects entered into the competition and will also be involved in selecting the final shortlist.
"We are very pleased to become a partner with one of Portugal's leading universities, the University of Lisbon, in its prestigious ScienceIN2Business technology transfer programme. It's a further sign of our growing reputation in the country", said Frontier IP’s chief executive Neil Crabb.
The company’s shares were steady at 46p in early deals on Thursday.