The Office of Research, Innovation and Commercialization (ORIC), University of Central Punjab (UCP), organized an interactive Session on Spin-Off Ventures & Commercialization under the ORIC-UCP Faculty Capacity Building Workshop Series 2026. The session opened with remarks by Prof. Dr. Muhammad Akhyar Farrukh, Director ORIC, who welcomed the participants and emphasized the importance of commercialization and university spin-offs in translating research into societal and economic impact.
The session was facilitated by Dr. Hadia Awan, Dean, Faculty of Law, UCP, who presented the key features of the UCP Spin-Off Ventures & Commercialization Policy, including its objectives, commercialization framework, founder recognition, revenue-sharing model, and the proposed process for establishing university spin-off ventures. The session concluded with an interactive discussion, where faculty members shared valuable feedback, raised questions, and proposed suggestions to further strengthen the policy and support its effective implementation across the University.
