World-leading university business incubator SETsquared has scooped a Times Higher Education Leadership and Management Award (THELMA) for Knowledge Exchange/Transfer Initiative of the Year.
The prestigious national award, announced on 23 June at the Grosvenor House Hotel, recognised the SETsquared Partnership for its successful Innovation and Commercialisation of University Research (ICURe) programme which has been a game-changer in helping university researchers to get their ideas out of the laboratory and into the marketplace.
Keith Robson, Chief Operating Officer at the University of Surrey’s 5G Centre, said:
“We’re delighted to receive this award for our SETsquared Knowledge Exchange initiative. The ICURe programme has already supported the launch of some 27 new companies that serve real needs in society, such as Trueinvivo which is developing a medical device for quality assurance of radiation treatment received by cancer patients.
“The SETsquared Programme has provided our researchers with an exciting new opportunity which offers exceptional training and team support, engagement with prospective customers, partners and competitors, and validation the commercial potential of their work.”
The ICURe programme brings together teams comprising a senior researcher, a private sector business mentor and an early-career academic to make new companies attractive to investors. Piloted by the SETsquared Partnership and funded by HEFCE and InnovateUK, ICURe has given university researchers with commercially-promising ideas support ‘get out of the lab’ and validate their ideas in the marketplace.
Recently, the Programme has been extended to include teams from universities outside the SETsquared partnership as it seeks to further enhance links between universities and the private sector.
For more information, visit www.setsquared.co.uk/icure