University of Bristol
source link: https://www.bbc.com/news/articles/cxw1zkm819po
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Deal to create £8.5m 'deep tech' building announced
Science Creates has helped over 100 start up companies
A £8.5m project to help support "spin-out" tech companies is being launched.
Science Creates is working with the University of Bristol on a "major new incubator" building that could house up to 275 new businesses.
The building - named OMX - will be based at the new Temple Quarter Enterprise Campus in Bristol.
Dr Harry Destecroix, founder of Science Creates, said: "All we want to do is help world-class engineers and scientists who have discovered important technological breakthroughs, to build impactful deep tech companies."
'Powerhouse'
A spin-out is a new company that is formed to apply academic research in a commercial context.
They mainly deal with developing "deep tech" - merging high-tech engineering innovation with scientific discovery.
Dr Jon Hunt, the University of Bristol's Executive Director for Research, Enterprise and Innovation, said: "The University of Bristol is a great powerhouse for spin-outs.
"I hope and expect many of these companies will thrive and grow to help us deliver on our mission to make a positive impact locally, nationally, and globally by addressing society's greatest challenges."
'State-of-the-art'
The £8.5m funding will be used to refurbish an existing industrial unit, providing state-of-the-art facilities for the spin-outs.
These will include wet-labs, high security, and ultra-fast computer networking, hosting spin-out companies working in quantum, biotech and AI.
Mentoring of the new companies, from the West and beyond, will start from next year.
As well as the new building, Science Creates is also expanding its IT network to increase the rate of data which can be transferred over the internet at once.
The investment has been enabled with a £4.75m award from the Research England Development (RED) fund.
- Published2 November
Recommend
-
11
I don’t get to Europe very often apart from ISO C++ standards meetings, but this spring I’ve been able to accept invitations for two English-language European events in the last week of April. If you’re interested in attending, please check o...
-
5
World IA Day 2016 in Bristol 20 February 2016 ・ category: write-ups This weekend...
-
7
World Usability Day in Bristol 19 November 2013 ・ category: write-ups Last week,...
-
9
Losses double to £20m and revenues sink at Bristol start-up Ultraleap The company is planning to float in 2023 and has seen a spike in demand following the coronavirus pandemic
-
8
Bristol Evening Submit Officers have been attacked and threatened, police autos including a group police station had been set on fire and legal harm was brought on to the outside of the police station. If you’ve a big postal del...
-
8
Using ServiceNow to make employee on-boarding an ‘experience project’ at Bristol Myers Squibb
-
4
Bristol students develop app to cut food wastePublished9 hours agoimage copyrightKesta Kempimage captionThe app shows users their meal selection alongside the estimated food miles and carbon cost of...
-
10
Bristol University alumni students' friend-finding app fights lonelinessPublished2 days agoImage source, Julian IssaImage caption, Fethr co-founders Julian Issa (left) Miguel Bravo (centre) and...
-
4
3D printed fingertips 'like skin' says University of BristolPublished19 hours agoImage source, ThinkstockImage caption, Being able to 3D-print tactile skin could create robots that are more dex...
-
11
Bristol University student creates app to stop cheats using essay botPublished4 hours ago
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK