Record return from research spin-outs sees University of Nottingham reinvest in its discovery mission
Image: Andrew Naylor, NTV and Prof Dame Jessica Corner, University of Nottingham
NOTTINGHAM businesses which began life as research projects earned a return of more than £11 million for the University of Nottingham last year.
The scale of the return has been revealed by Nottingham Technology Ventures (NTV), the organisation which manages the University’s interest in a portfolio of 18 spin-out companies.
Image: 3M BIC's technology team (l-r) Jordan Furness, Paul Tallon, Janine Downs, Michael Wilson, Luke Philips
The University of Huddersfield and the 3M Buckley Innovation Centre (3M BIC) have won a national technology award in recognition of their investment in technology in response to the needs of innovative and ambitious SMEs across the region.
Mogrify Ltd (Mogrify), a UK company aiming to transform the future development of cell therapies, today announced that it has moved to the Bio-Innovation Centre at the Cambridge Science Park, following the appointment of 15 new staff to its scientific and management teams including, Dr. Karin Schmitt as Chief Business Officer and Joe Foster as Chief Operating Officer.
Bridge Fibre, the Cambridge-based leader in Gigabit Fibre Internet Access services for multi-tenanted commercial property, and TusPark UK, a subsidiary company of Tusholdings, who has the largest global innovation network, announce their first collaboration to deliver Gigabit connectivity to the tenants of two new buildings on Cambridge Science Park.
Unit DX Members Raise £20m+ in Two Years
The partners in the Sci-Tech Daresbury joint venture have signed an Armed Forces Covenant demonstrating their commitment to helping veterans find new work and skills following the end of their service.
Last month Kelvin Capital, the company's original investors, together with Scottish Investment Bank, made a further investment of £1.5 million in Biotangents, following the previous investment of £0.5 million completed in April last year.
Adam Hardy, founder and director of Sourced Recruitment, which operates from Portsmouth Technopole. He started his firm in a flat and moved into the thriving business hub, owned by the University of Portsmouth and operated by UKSPA member Oxford Innovation, just over a year ago. Sourced is looking to upsize workspace on site due to expansion.
A national shortage of HGV drivers has helped a recruitment firm founded by a young entrepreneur to take further workspace at a thriving business hub in Portsmouth.
Vehicle technicians across the UK are set to benefit from a new suite of training opportunities based on electric and hybrid technology as the number of electric vehicles starts to soar.