MTF is a £6 million investment fund focused exclusively on the University of Manchester. It provides early stage equity funding to help create new spin-out companies. MTF was established in 1999 under the Government’s University Challenge scheme. Contributors to the fund are the UK Government and the Wellcome Trust in addition to the University of Manchester. MTF invests in projects across a range of technologies from IT to Life Sciences and works closely with UMIP, the University’s technology transfer company.