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Business Acceleration Hubs

The University of Bath is to establish two new “business acceleration hubs” for advanced engineering and digital innovation SMEs in the region.

The University of Bath has been awarded £1.5 million from the European Regional Development Fund (ERDF) to deliver start-up, scale-up, open innovation and investment support to grow innovative businesses in the West of England.

Bath SETsquared is the delivery partner for business acceleration services across the programmes.

Support will be provided in a number of ways including grants of up to £10,000, knowledge exchange, mentoring, research and innovation expertise and resource, business-university research partnerships, as well as bringing SMEs together with large corporate businesses though existing investor networks.

Sustainable Technology Business Acceleration Hub

Applications open to companies innovating in low-carbon services and products, the circular economy, renewable energy generation and storage, sustainable chemical technology, smart cities and/or sustainable built environment.

The Advanced Engineering Business Acceleration Hub

Sector includes automotive, aerospace, maritime and large scale power generation;  IAAPS will play a central by providing access to world leading expertise and research partnerships.

The Digital Innovation Business Acceleration Hub

An extension to the high tech business incubation support provided by Bath SETsquared for companies innovating in digital platforms and immersive technology; includes the health, well-being and creative media sectors.

To find out more and apply, please visit: https://bath-setsquared.co.uk/business-acceleration-hubs/

 


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