GenIP Plc has secured its first technology park partnership, collaborating with Pelotas Science Park in Brazil to deliver GenAI commercialisation services.
The park—a “quadruple helix” innovation hub uniting government, academia, industry, and civil society—houses 63 enterprises, 23 partner institutions, and the Candy Valley startup network. GenIP will guide tenant companies and incubated startups through technology investment and commercialisation decisions.
The partnership accelerates GenIP’s strategic goal to diversify its client base to include more corporates. The company has so far been very active with university research departments, so today’s news looks to be the first step into what could be a more lucrative market.
By tapping into the tech park’s concentrated ecosystem of corporate entities and startups, GenIP gains direct access to multiple commercial clients through a single relationship. One tech park. Multiple clients.
The Brazil deal looks to establish a blueprint. More park alliances could follow.
“Our collaboration with Pelotas Science Park represents an important milestone for GenIP as we expand our reach beyond universities to support entire innovation ecosystems,” said Melissa Cruz, CEO of GenIP.
“Science parks play a vital role in Technology Transfer by connecting researchers, startups, and industry partners, and we’re proud to provide the analytical foundation that helps their tenant companies identify commercially viable technologies and attract investment. This partnership reflects our broader strategy to deepen engagement with industry and startup communities, bringing us closer to our goal of achieving 45% industry participation.”