Proposal for city centre innovation centre gets £300k boost
Last week’s announcement of the approval of outline proposals for a new facility, designated I-START, to be located on Bath College’s City Centre campus is welcome, exciting and timely news indeed in these challenging days. The facility heralds a new, collaborative and progressive approach between the two Universities of Bath and Bath Spa, Bath College, Bath & North East Somerset Council and the West of England Combined Authority (WECA). WECA is providing a £300,000 boost to the next stage of the design and development effort.
The ambitious plan is to create a radical new incubation space to include the SETsquared Innovation Centre, the Institute of Coding and spaces for research and knowledge exchange and is a clear statement of intent, designed to enhance the future prospects of the City. It will provide flexible support for startups, collaborations, skills development and attract inward investment in the digital and creative economy, robotics, social science and the arts. Bring. It. On.
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MSDUK Innovation Challenge 2020 - application deadline extended
If you are a business led by an ethnic minority founder or entrepreneur, this is your chance to showcase your innovation and pitch to global brands and investors.
For successful applicants, the competition includes pitch preparation, judged rounds where you pitch directly to a panel of global brands, investors and entrepreneurs, receiving valuable feedback.Get your ideas in front of global brands and investors. Apply for the MSDUK Innovation Challenge today to bring your ideas to the front, get noticed by industry and the business world and win exciting prizes that will help you bring your ideas to life. Previous prize winners have been offered scholarships to attend Ivy League Business School, corporate mentoring and product introductions.
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Request from the University of Bath's Placements department
As with industries across the board, COVID-19 has caused disruption to our placement programmes, with a number of students seeking positions for the forthcoming academic year, due to disrupted and cancelled placements. We’d love to hear from you if you might be in a position to offer a professional work placement position to one of our students.
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Impressive ICURe graduates pitch for investment
Last week saw the launch of a brand-new SETsquared Investment Showcase. NextGen Invest gave graduates of our ICURe, Innovation to Commercialisation of University Research Programme, a platform to pitch for investment for their pre spin out commercial ventures.
Two SETsquared Bath members, Mesmerix and SMDR Ltd, pitched at NextGen invest for funding and support for their businesses.
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COVID-19 | How to apply for breathing space to consider a rescue plan for your company
How to apply for breathing space to consider a rescue plan for your company, under measures to support companies and other types of business in financial difficulty.
A moratorium gives struggling businesses formal breathing space in which to explore rescue and restructuring options, free from creditor action.
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Podcast | COVID-19 Startup Survival
With a focus on attitude and thinking beyond and behind the immediate, the series covers:
Mindset, Resilience, Building Trust, Effective Communications, Making Sales, Inspirational Leadership, Managing Money, Effective Teamwork and International Perspectives.
Ultimately the final episode asks the question: What does Startup Success really mean?
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DBAH Case Study of T-cup | Helping people thrive
T-cup was founded in early 2019 by Tech Entrepreneur, Edwyn van Rooyen who has previously set up and run a number of very successful organisations. Ed applied for the fully funded business support available through the Digital Innovation Business Acceleration Hub (DBAH) to provide business consultancy support to help identify strategic growth plans for the business. The DBAH is a programme funded through the ERDF to provide bespoke, sector specific business support for startups and SMEs.
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Innovative start up with a product or service that can help Transport for Wales?
If you’re an entrepreneur, start-up, or scale-up with a; product or early-stage product that can be developed to improve the Transport for Wales Rail passenger experience, then we think you’d be a great fit for the programme.
It’s your chance to accelerate your start-up. Refine and develop your product, network with rail industry leaders and secure a contract of work with Transport for Wales Rail to help grow your business.
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Member News | Tickitto close $700k pre-seed round
Tickitto, a U.K. travel tech company that aims to help travel retailers access tickets to events and travel-related experiences through one single connection, has closed a $700 K pre-seed round led by Seedcamp.
The events and experiences category now represents the third-largest travel segment worldwide and is growing faster than the overall travel market. Despite that, the space is highly fragmented and composed of suppliers or reservation platforms that often focus their efforts on specific genres and/or geographies.
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COVID-19 Business Impact Survey findings report
The objective of the survey was to provide a means to understand the financial health, customer impact and morale of our members and ecosystem under the ongoing Covid-19 Pandemic and gauge the effectiveness of the early response.
The survey was carried out between 22 April and 6 May 2020 and questions were also designed to help us assess the optimum mix of support that will need to be provided over the remainder of the lockdown and as we emerge into a new, changed operating environment.
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INNOVATION CENTRE CORONAVIRUS POLICY UPDATE #4
Members of SETsquared Bath Innovation Centre
Please read our latest policy announcement regarding COVID-19 and the Innovation Centre.
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COVID - 19 | Residential Members at the Innovation Centre now eligible for support
Small businesses in shared offices or flexible workspace
The government has set up a discretionary fund to be administered by local authorities.
Government has requested that one of the business types to be prioritised for the fund are small businesses that have exclusive use of a unit within a shared/flexible workspace, but do not have their own business rates assessment. Examples include units in offices, industrial parks, science parks and incubators. This is specifically for those that are outside the scope of the present business grant funds scheme set out by Government.
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Graduate Enterprise | Graduates zoom to success at online investment showcase
From reducing the queue for ladies’ loos, shaping up international shipping to developing smarter prosthetics, 17 early stage ventures, all started by students or recent graduates from the SETsquared partner universities of Bath, Bristol, Exeter, Southampton and Surrey, virtually pitched their innovative ideas at this year’s Grad Invest.
Five of the seventeen start-ups to pitch were from the University of Bath and we’re looking forward to sharing and supporting their entrepreneurial journey! Pictured is Nav Sawhney, University of Bath graduate and founder of The Washing Machine Project.
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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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Member guest blog | Top tips for running a virtual business
Claritum is a member of the SETsquared Bath Innovation Centre. On May 4th amidst the COVID-19 pandemic, their Chief Executive and long-term supporter of the centre and University of Bath, Professor Rick Hillum wrote a blog post for SETsquared on his top tips for running a virtual business.
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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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The University is deeply saddened to announce the death of Professor Cliff Burrows
The SETsquared Bath Innovation Centre would like to pass on our condolences to the family and former colleagues of Professor Cliff Burrows.
Cliff Burrows joined the University in 1987 as Professor of Systems Engineering and the Director of the Fluid Power Centre, subsequently re-named the Centre for Power Transmission & Motion Control.
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Student Enterprise | Creating meaningful and purposeful products
Nia Simpson, one of SETsquared Bath’s 2018-19 awardees of the prestigious Alumni Innovation Award, is taking her final-year mechanical engineering project, the Compact Cane, to the commercial market.
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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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