SETsquared Exeter and Cotie (Centre of Technology and Innovation Excellence) in North Devon are delighted to confirm their new partnership which will allow innovative technology businesses to benefit from the unique combination of facilities and expertise developed by the collaboration.
The University of Exeter Enterprise Zone (UEEZ) project made possible due to funding from the European Regional Development Fund (ERDF), has boosted the expansion of its business acceleration offer through SETsquared Exeter (member of the global number one university incubator) with the launch of a dedicated accelerator space on the Exeter Science Park. Accelerator member businesses participate in a structured programme of support which is designed to create rapid growth and ensure long-term sustainability. The new collaboration will enable Cotie members to access the programme from the Cotie Innovation Launchpad based in Barnstaple, extending the reach of the SETsquared Exeter programme into Northern Devon.
The Cotie Innovation Launchpad, developed in association with Petroc, and part-funded by the ERDF, includes facilities such as an expertly equipped development zone with 3D manufacturing technology, a professional conferencing area, open-plan hot desks with high-specification PCs, a cleanroom, and modern design pods, to inspire collaboration and creativity.
Cotie’s mission is to provide SMEs, start-ups, and micro-businesses with access to a wide range of advanced technology-based facilities, all designed to nurture business growth and develop product ideas and concepts.
The formal partnership, which will also support Cotie members in accessing University of Exeter research expertise, is perfectly suited to harness the strengths of both organisations.
The alliance will focus on supporting the growth of the technology expertise in North Devon and creating new prospects for local business tailored to their needs. It will champion careers in the technology sector and improve retention levels of graduates in the region.
Joe Pearce, Head of Business Support at SETsquared Exeter, University of Exeter, said: “This partnership highlights the key strengths of Cotie and SETsquared Exeter. North Devon is building a thriving technology cluster and we are thrilled to support and enable this growth here and throughout the region.”
Debbie Gower of Cotie said: “Our partnership with SETsquared Exeter gives us the opportunity to be a driving force for innovation and business expansion in North Devon. We recognise times have been challenging for established businesses but also for our start-ups and innovators and this partnership will allow us to support the acceleration of our local businesses in North Devon.”
SETsquared Exeter via The UEEZ Project is running an Entrepreneurs’ Programme on 24,25 and 27 January 2022 aimed at ambitious startups. Held over the course of three mornings, the workshop is free to attend thanks to part-funding from the ERDF and University of Exeter. The Programme will equip participants with the skills they need to build a resilient business. For more information visit the Eventbrite page.
The UEEZ project is receiving up to £712,107 of funding from the England European Structural and Investment Funds Growth Programme 2014- 2020. The Ministry of Housing, Communities and Local Government and the Department for Work and Pensions (and in London the intermediate body Greater London Authority) are the Managing Authorities for European Regional Development Fund and European Social Fund funding through the Growth Programme, funds established by the European Union to help local areas stimulate their economic development. By investing in projects the funds will help to support innovation, businesses, skills and employment to improve local growth and create jobs. For more information visit: https://www.gov.uk/europeangrowth-funding