Too many Belgian spin-off negotiations start from scratch.

Structuring Spin-Offs in Belgium.
Harmonized deal terms for research-based ventures.

Belgium has the research institutions, founders and investors to build world-class spin-offs. What is still missing is a more predictable and transparent framework for structuring them.

This white paper proposes a practical framework for more transparent, efficient and investable spin-off formation in Belgium.

Towards a more harmonized Belgian spin-off framework

Belgian research institutions, founders and investors currently navigate different policies, equity expectations, IP transfer mechanisms and governance approaches. This white paper draws on Belgian practice and lessons from the Netherlands and the UK to propose a more predictable starting point for spin-off negotiations.

It introduces three structuring pathways – equity, royalty and hybrid – and provides practical recommendations on IP transfer, founder equity, governance and post-incorporation arrangements. The objective is not rigid standardization, but a shared framework from which stakeholders can negotiate efficiently and deviate where justified.

Three structuring pathways
Equity, royalty and hybrid models for research-based ventures.

IP & technology transfer
A progressive approach from exclusive licensing to milestone-based assignment.

Founder equity & investability
Structuring spin-offs with future financing and founder incentives in mind.

Recommendations for Belgium
Concrete recommendations for research institutions, founders, investors and policymakers.

Download the White Paper

Join the discussion

The white paper is intended as a starting point for a broader discussion on the future of spin-off formation in Belgium.

Join us as we bring together stakeholders from across the Belgian innovation ecosystem to discuss the proposed framework and the way forward.

Practical details

Help shape the future of Belgian spin-offs.
Read the paper. Join the discussion.