University Spin-Off

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Healthropy S.r.l. became a recognized spin-off partner of Genoa university in February 2015.
A spin-off partner with the University of Genoa is a company founded by one or more researcher in order to exploit the results of their research and scientific and technological competencies. Legally, a spin-off company operates in the same way as any other registered company, with the additional benefit of having a member of the University staff as a partner.
The University of Genoa supports the creation of spin-off companies, as it recognises them as the main tool for the transfer of technology to the market. The only condition of being a spin-off is that the activity of the company is totally separate from and not competitive with the functions and research programmes of the University. The great benefit of being a spin-off company is the ready access to the facilities and skills of a leading university.
A spin off is a true symbiosis between the academic and commercial enterprises.
Source: http://www.abcd-online.it/spin-off/