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Collaboration creates opportunity for regional businesses

Collaboration creates opportunity for regional businesses

SETsquared Exeter has been confirmed as the long-term provider of regional Business Acceleration and Innovation services as a result of the partnership agreement between the University of Exeter and Exeter Science Park Ltd.

SETsquared Exeter, a member of the international award winning SETsquared Partnership, will play a vital role in supporting early-stage businesses across Exeter Science Park as well as those outside the area by connecting with regional hubs and allowing more people to have access to the support functions available. This enhanced support is complemented by an experienced and growing business acceleration team armed to foster more startups.

Based at Exeter Science Park Centre, the team are also able to focus on more high-growth potential businesses via the SETsquared Exeter Business Foundations Programme and are developing a new incubation space.

Despite the current challenging business climate, they are welcoming 12 exciting new tech start-ups on to the structured learning programme this month.

The cohort, which will start to progress through the programme in mid-September, is comprised of an impressive mix of businesses, with areas of focus ranging from wearable tech and dental VR solutions to AI platforms and intelligent job design technology.

Incubation & Acceleration Manager Ben Voysey commented:

“The SETsquared Exeter team has been working really hard behind the scenes to reconfigure our programme content for online delivery.  We are now delivering all seminars, workshops and surgeries remotely, and we have built in new touch points and communication tools to allow businesses to stay fully connected with our support environment.

Good luck to everyone joining the September cohort!”

This is an exciting time for SETsquared Exeter, who have also recently secured £800k from Research England to create a vibrant and innovative ‘Enterprise Zone’ to strengthen local and regional growth.

From 2015-2018 143 new jobs were created through the growth of SETsquared Exeter clients with a GVA value of £4.7m and SETsquared Exeter clients have raised £59.7m investment. SETsquared Exeter’s structured business support is helping to close the skills gap by equipping individuals with essential competencies (across STEMM sectors which continue to be in high demand) to craft a business that is robust enough to last. As a University operated incubator, the team work very closely with colleagues to define the skills needs of their client businesses in order that those can be reflected in teaching cross HE, FE and Schools.

For more information about the business support available from SETsquared Exeter visit the website or email: setsquared@exeter.ac.uk

 

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