Spin Out Ventures are generally:

• Seeking feedback on the strength of their innovation and feedback on obstacles
   
• Led by a founding CEO or with a competent champion in place
   
• Engaged in a sound science or having a working prototype in place
   
• Ready with a written IP strategy with disclosures complete, and with ownership issues resolved
   
• At a product development stage in which differentiation or specific markets have been identified
   
• Aware of quantified potential markets
   
• Possessing adequate corporate funding to affect a spin-out