Formium Consulting Ltd was founded in 2016 by Dr. Tim Roche. Tim has over 25 years’ experience in innovative technology and business development, scaling, commercialisation and operations management in University, SME and MNC settings. He has lived and worked in Ireland, Australia, SEA and the USA and has advised Irish, international client companies and government departments on business development opportunities in Ireland, the US, Japan and East Africa.
Tim has organised international thought leadership conferences on research, regulatory and consumer acceptance in the EU and the USA as well as numerous ministerial trade missions, open innovation showcases and research partnering events. He is a graduate of University College Cork, Ireland and of executive education programs at Harvard, Kellogg School of Management, the UCD Michael Smurfit Business School and Michigan State University. He is also an internationally Registered Technology Transfer Professional and former chair of the Irish Technology Transfer and Innovation Group.
Prior to establishing Formium Consulting Ltd Tim was Director of Technology Transfer at University College Cork (UCC). In this role he led the largest technology transfer consortium in Ireland involving UCC/Tyndall National Institute, Cork Institute of Technology and Teagasc. In doing so he worked closely with researchers, funding bodies, industry partners and business promoters to transfer transformative technologies and innovative solutions to multinational and SME companies and to establish and nurture high-tech start-up companies in the Food, life-science, engineering, ICT and financial services arenas. Tim was instrumental in leading the interpretation and implementation of the 2012 and 2016 National protocols for commercialisation of publicly funded research underpinning 11 of the 12 Science Foundation Ireland (SFI)-funded research centres and four Enterprise Ireland/IDA-funded Technology Centres and their collaborative agreements with industry. Under his leadership the University achieved the highest number of technology licenses in its history and was ranked #1 Irish University for industry collaboration, contract research and consultancy and for invention disclosures. Formium Consulting Ltd brings Tim’s career experience of building and extracting value through the ‘Triple Helix of Innovation’ into sharp focus for its clients.