Coronavirus Business Interruption Loan Scheme (CBILS) - OPEN FOR APPLICATIONS

You will have seen that the Chancellor has announced that the British Business Bank will manage the Coronavirus Business Interruption Loan Scheme (CBILS) which will become available in the week commencing 23 March 2020. It will be delivered through a range of over 40 accredited lenders and offer attractive terms for both businesses applying for new facilities and lenders, with the aim of supporting the continued provision of finance to UK businesses experiencing increased costs or disruptions to cashflow during the Covid-19 outbreak.

Read More
Alumni News | PushMe Bikes in hot swap deal

Pushme Bikes, founded in 2016 by Daniel Keene and University of Bath alumnus and former Innovation Award winner George Kalligeros, was backed by SOS Ventures and Velocity Partners.

Following hard in the slipstream of Zynstra’s recent acquisition by US giant NCR, reports emerging from German sources highlight the “acqui-hire” in January of former SETsquared Bath member PushMe Bikes by cutting edge Berlin-based e-scooter fleet startup Tier Mobility. Both deals recognise the importance of close strategic fit in achieving a successful M&A exit.

Read More
Member News | The Biofactory is harnessing the power of poo with £850k

University of Bath graduate and founder of The Biofactory is embarking on an £850k project to bring to life his vision for improved sanitation facilities in low income, high density communities in Africa.

Eoin Sharkey, MEng alumnus, has designed an all-in-one, off-grid toilet and waste processing system that utilises biodigestion to convert human waste into cooking fuel and soil conditioner. The funding, which is made up of £675k from Innovate UK’s Energy Catalyst Fund with the remainder coming from private investors, will enable Eoin to take his invention from a development system to a commercially viable product.

Read More
Case Study | Digital Innovation Business Acceleration Hub - Cognisses

Bath-based Cognisess set out on a mission to eradicate the subjective biases that unconsciously yet inevitably take place during the job application process. Driven by a unique combination of data science, neuro-science, artificial intelligence and machine learning, Cognisess supports companies in making more informed, data-led human resource decisions. In order to tackle this huge issue, Cognisess aims to be the leading software platform for predictive people analytics via a single, easy-to use platform.

Read More
STBAH 2-day Entrepreneur’s Programme brings together diverse mix of early stage companies

The programme is organised by Global No. 1 business incubator, SETsquared and this programme was designed for early stage companies innovating in the sustainable technologies sector. Expert speakers and coaches from the sector ran the course which covered a wide variety of subjects from business model design, customer insight, prototyping the business model and finance / investor perspectives.

Read More
Member News | £300,000 investment by Ufi and the Development Bank of Wales to inspire bright young futures

Newport based SETsquared Bath member and early years education technology specialists Kinderly has secured a £300,000 investment to help give children a great start in life, regardless of their circumstances or need.

The award winning best in-class software tool, Kinderly Together makes it quick and easy to digitally capture the early years learning journey. It allows childcare providers to enhance parent communication. It also provides reporting and tools to better manage childcare provision by viewing developmental progress of all children at a glance with progress tracking, effective planning and reporting via a personalised dashboard.

Read More
Alumni Member | Lux Rewards reaches and excels crowdfunding target

FoodTech start-up Lux Rewards has reached its £100,000 crowdfunding campaign on Crowdcube and are now overfunding. With six days to go, Lux Rewards has raised £187,630 with 215 investors.

Lux Rewards is the brainchild of James Courtney, a former University of Bath student. Lux Rewards started out as a SETsquared Bath member and with their move to Bristol have continued to shake up the restaurant, premium reward schemes and the card-linking tech scene.

Read More
Apply for the Bridgehead Accelerator

The EIT Health Bridgehead programme provides support to scale-ups to validate their businesses beyond their home markets. The Bridgehead programme operates within two distinct tracks to meet the start-ups’ demands: Bridgehead Europe and Bridgehead Global. Both programmes are similar in structure but differ in organisation. Bridgehead Europe aims at helping start-ups expand their business beyond their home market into a different European country, and Bridgehead Global aims at internationalisation beyond Europe.

Read More
Secure an equity-free support package of funding and training support worth up to £90,000

The Royal Society of Edinburgh (RSE) Enterprise Fellowships offer a leading business development and training programme for the higher education sector; enabling researchers to develop into world-class entrepreneurs. Two Big Ears, an Enterprise Fellowship alumni recently sold their company to social media giants, Facebook.

The fellowship provides a wealth of beneficial business support worth up to £90,000.

Read More
Grant Writer in Residence | Kate Fryer

We’re pleased to announce we have a new expert on our in-residency services team.

Kate Fryer has experience of writing successful bids, facilitating evaluations and drafting grant funding calls. She can offer you an insight that will give you more clarity on how best to approach writing and presenting your bid. Kate can help to identify a funding call, provide oversight and 'hands-on' support to writing your bid.

Read More
Professional residency services now available to all Business Acceleration Hub participants

All current participants of our Business Acceleration Hubs (Sustainable Technologies, Digital Innovation and Advanced Engineering) are being invited to make use of the free expert advice we have available at the Innovation Centre.

We offer regular 1:1 slots with a range of professionals who are experts in their fields such as an Accountant, Lawyer, Grant Writer, IP Lawyer and Tax Advisers. These are usually only available to our members but if you are partaking in a Business Acceleration Hub then you can now use this extremely useful and free service too.

Read More
New open call as University awarded further funding for Impact Acceleration Account

The IAA supports knowledge exchange and impact activities of our EPSRC researchers across the institution. Funds have been invested in speeding up the contribution that research makes towards new innovation across industry, business and the public sector.

As a result of the successful use of funds, the University will receive further IAA funding from the EPSRC of nearly £480,000 for the period April 2020 to March 2021.

Read More
NCR Announces Acquisition Of Edge Virtualisation Technology Provider Zynstra

NCR Corporation (NYSE: NCR), a global enterprise technology company for the retail, hospitality and banking industries, today announced the acquisition of U.K. based Zynstra, a provider of edge virtualisation technology.

NCR and Zynstra have worked together for several years, reflected in the launch of NCR Software Defined Store introduced in January 2019 and in use by companies like Pilot Flying J. This unique, subscription-based virtualisation solution is one of the critical pillars of NCR’s next-generation store architecture for the retail and hospitality industries.

Read More
Support available to attend Fuel Cell Hydrogen Joint Undertaking (FCHJU) 2020 Call Info Day, Brussels

Innovate UK and the Knowledge Transfer Network are offering UK-based R&D performing SMEs the opportunity to receive a contribution of up to £500 towards travel and accommodation costs to attend the FCHJU Information Day and networking opportunity in Brussels, Belgium. The event is being held on 27th January 2020 and the deadline to apply for a contribution is Tuesday 7th January.

Read More
Alumni Innovation Award open | Apply now

Do you have an idea for a business that could bring true global impact? Are you a final year student or university researcher who would like the opportunity to be fully-funded for a whole year to work solely on your business? Apply for the Alumni Innovation Award and you could win a grant of £15,000 plus the support of SETsquared Bath Innovation Centre. Now open for applications …

Read More
Statsbomb win Football Business Innovation award

Congratulations to our member Statsbomb Services who scooped the prestigious Football Innovation in Business award at the 2019 Football Business Awards, hosted by fcbusiness magazine.

Clubs from across the Premier League, EFL and SPFL joined sponsors, partners, charities and businesses to celebrate exceptional work in football across 24 categories at a black tie awards ceremony at City Central at the HAC in Finsbury, London.

Read More