Very close links between the Medical School and industry are maintained through the co-location of ILS researchers and SME companies in the Commercial Incubator facilities. ILS has dedicated (at least 25%) space for company activities. There are currently 10 full tenant companies within ILS (with 5 ‘graduated’, including the Boots Centre for Innovation), and 7 affiliate companies with desk space (45 graduated). In ILS phase 1 (2005 to 2008), 135 companies were assisted in R&D collaborations, 22 new companies created, 20 new patents registered and increased turnover in companies assisted amounted to £14.7M. By the end of 2013, as part of the ILS2 project, 216 companies have been assisted in R&D collaborations, 17 new companies created, and 21 new products / processes / services registered