Technology Park Alliance

GenIP Plc, a technology consultancy providing Generative Artificial Intelligence (GenAI) services to help research organisations and corporations commercialise their innovations, is pleased to announce a new collaboration with Pelotas Science Park (Parque Tecnológico de Pelotas) in Brazil, marking our first engagement with a technology park.

Pelotas Science Park serves as an innovation hub integrating the "quadruple helix": government, academia, industry, and civil society, and brings together incubators, coworking space, a regional startup network (Candy Valley), 63 resident and non-resident enterprises, and 23 partner institutions.

Under this partnership, GenIP will provide its suite of services to many of the park's tenant companies and incubated startups, guiding their decision-making process on which technologies are most viable for investment and commercialisation.

This agreement represents GenIP's efforts to lay the foundations for future growth through strategic alliances and partnerships, and aligns with the Company's strategic goal to diversify its client base beyond research organisations in order to increase the proportion of corporate clients to 45% of total clients.

Melissa Cruz, CEO of GenIP, commented:

"Our collaboration with Pelotas Science Park represents an important milestone for GenIP as we expand our reach beyond universities to support entire innovation ecosystems. 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."

Vinicius Farías Campos, President at Pelotas Technology Park, commented:

"Through its Health and Biotechnology Innovation Hub, the Pelotas Technology Park is proud to collaborate with GenIP in applying AI-driven methodologies for technology assessment and valorization. This partnership accelerates the translation of scientific research into real-world applications, strengthening Southern Brazil's innovation ecosystem in health and biotechnology."