The University’s world-leading research has been translated into solutions, products and companies that are a benefit to both society and the economy: the constant exchange of ideas between the University and the companies in and around Cambridge is one of the many characteristics that makes the Cambridge cluster so successful. At Cambridge, the commercialisation of research is supported by Cambridge Enterprise, which is a wholly-owned subsidiary of the University. Cambridge Enterprise works with members of the University at all stages of the commercialisation process: from supporting translational funding applications and facilitating consultancy activity, to patents and licensing, to funding new companies based on University research.