University of Bath researchers help bring charities and funders together with Brevio platform

The Brevio social enterprise platform launched this month, offering UK charities a more efficient way to apply for funds from those wishing to fund their worthy causes.

Researchers at the University of Bath were key to developing the online platform, which matches charities with would-be funders in a bid to replace the existing complex intensive grant-making and application processes which are estimated to cost the charity sector heavily in both time and money.

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£40m boost for cutting-edge start-ups

Business Secretary Alok Sharma today (20 May 2020) announced the government is doubling investment in the Fast Start Competition with an additional £20 million.

The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next generation of cutting-edge start-ups – helping to build the businesses of tomorrow and propel their future prosperity.

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Graduate Enterprise | Neuro Ai founder takes part in Seeking Out

Seeking Out has launched a series where they interview the next generation of entrepreneurs to find out about their businesses and what makes them tick as people. Some of the entrepreneurs sharing their stories are graduates of the University of Bath and have been supported through the SETsquared Bath Innovation Centre. We’ll share some of the podcasts so you can get to know your fellow members and associates a bit better!

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Graduate entrepreneurs step into the limelight and need your support

The long-term success of start-ups is often down to the quality of support they receive in the early days. Access to vital seed investment, contacts, networks and training is mission critical to budding entrepreneurs.

We’re therefore hugely excited by the return of GradInvest, the event which gives businesses formed by recent graduates a platform to raise investment and gain support, on 21 May.

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Student Enterprise Hub received £1 million funding boost

Congratulations to a fellow SETsquared partner, Exeter, for securing a £1M funding boost! The new project, called the SETsquared Student Enterprise Hub and led by the University of Exeter, has received the significant funding boost from the Office for Students (OfS) and Research England.

The two-year project will build on the SETsquared Partnership’s Student Enterprise Programme, as well as existing undergraduate and postgraduate placement activities, to create a new ‘Intrapreneurial’ pathway.

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COVID - 19 | Future Fund scheme to launch in May for companies

Billion pound support package for innovative firms hit by coronavirus

UK businesses driving innovation and development will be helped through the coronavirus outbreak with a £1.25 billion government support package, the Chancellor announced today (20.04.20). The comprehensive package includes a new £500 million loan scheme for high-growth firms, called the Future Fund, and £750 million of targeted support for small and medium sized businesses focusing on research and development.

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Success at the new style 'virtual' Entrepreneur's Programme

Over three afternoons in April expert speakers and coaches from each ERDF sector ran our first Business Acceleration Growth Hub workshop for entrepreneurs which covered a wide variety of subjects from business model design, customer insight, prototyping the business model and finance / investor perspectives.

With the ability to screen share and utilise breakout rooms, participants were able to interact with mentors and their fellow innovators.

Great feedback was received and we’ll be hosting another virtual workshop again in June!

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Petition | Small Business Support during COVID-19 crisis

PLEASE SIGN THE PETITION!

The petition asks the council and the West of England Mayor Tim to offer support for businesses who currently aren't able to access government support.

Specifically, businesses who are located in managed spaces (like the Innovation Centre) aren't generally able to receive a £10,000 grant because they won't have previously filled out a Small Business Rates Relief form. We're asking them to do something about that and offer support to our community.

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STBAH Case Study | Collaboration is the key to unlocking the potential of bio-based building materials

Another brilliant case study to come out of the Sustainable Technologies Business Acceleration Hub. Read about recent participants, Adaptavate and how the Hub has supported them to reach their market potential - for free!

Adaptavate have a game changing innovation – Breathaboard - a bio-composite, breathable, more renewable, lower carbon alternative to plasterboard, which is the third most widely used building material on the planet. Gypsum is closely coupled to the production and burning of coal, which is being phased out, with plasterboard directly responsible for more than 3% of the UK CO2 emissions (Maskell et al 2017).

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Innovate UK offering extensions on projects affected by COVID-19

Innovate UK would like to inform our members that if you are a recipient of an Innovate UK award and your project is being affected by COVID-19 you can apply for an extension of up to three months.

Innovate UK have created a fast track process to facilitate “no cost” time extension requests of up to three months for reasons relating to COVID-19, subject to a valid business case and normal legal and compliance requirements.

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Latest operational news from the ERDF Business Hubs

From an operational point of view, during these unprecedented times SETsquared Bath, will continue to support SME and start up companies through the ERDF Business Acceleration Hubs (BAH). The Sustainable Technologies BAH, Advanced Engineering BAH and Digital Innovation BAH will still continue to operate. Companies from across the West of England innovating within these sectors can continue to take advantage of the free support available through the Business Acceleration Hubs.

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Covid-19 | POLICY UPDATE #2

In view of the Prime Minister’s announcement yesterday evening we have no alternative but to take the drastic step of closing down the Innovation Centre reception. From 12:30pm today the reception will be virtual although in emergencies, resident businesses will still be able to access their offices using their keycards and you will be able to contact us on the usual number. We would encourage working from home wherever possible unless you have been provided with documentation that your presence is essential.

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Covid-19 | POLICY UPDATE #1

As we find ourselves in unprecedented times how we can keep business going as usual during these times of social distancing and inevitably isolation is something we are all working towards - we wanted to let you know that our commitment to supporting our SETsquared Bath members and business community is still at the forefront of what we do.

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