December 10, 2013, Oxford, UK – Tekcapital, Ltd., a leader in helping companies profit from new university intellectual property, announces the appointment of Mr. Malcolm Groat as Finance Director.
Mr. Groat has worked for many years as a consultant to companies in technology, natural resources, and general commerce. Previously, following an early career with PwC in London, he held CFO, COO, and CEO roles in established corporations including Executive Chairman Med Mining and Minerals Ltd; Finance Director, London Mining plc & Platinum Mining Corporation of India plc; and Group FD and COO of E C Harris LLP. Malcolm currently serves as a Non-Executive Director and Chairman of the Audit Committee of Baronsmead VCT 4 plc and London Mining plc.
Mr. Groat is a Fellow of the Institute of Directors, Fellow of the Royal Society for the encouragement of Arts, Manufactures and Commerce, and Fellow of the Institute of Chartered Accountants in England and Wales. He holds degrees from the universities of St Andrews in modern history and politics (MA) and Warwick (MBA).
Dr. Clifford M. Gross, CEO and Founder of Tekcapital remarked, “We are delighted to add Malcom to our management team. He brings a wealth of experience in the management and development of high-growth ventures.”
Mr. Groat stated, “I am excited to join a technology company that is focused on sourcing university innovations & intellectual property that improve and protect our client’s products. Tekcapital’s unique business model makes it easy for companies of all sizes to find, review and acquire new intellectual property from the world’s major research institutions. Additionally, the new U.K. Patent Box law creates compelling financial incentives for companies to commercialize patented technologies and presents a terrific opportunity for our business.”
(UK) Chris Lane, FTI Consulting LLP: Tel. +44 (0) 207 269 7276
About Tekcapital – The World’s Largest University Network for Open Innovation
Tekcapital helps clients profit from new, university-developed intellectual properties.
With our proprietary discovery search engine, linked to 3,300+ universities in 160 countries, coupled with expert scientific review, we provide a turn-key service to make it easy for clients to find and acquire the IP they need to create a competitive advantage.