Royal Academy of Engineering Enterprise Fellowships

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The Royal Academy of Engineering invites applications for its Enterprise Fellowships. These enable aspiring entrepreneurs to commercialise technology-based business ideas from academic institutions into spinout companies.

Applicants must be working in engineering departments or engineering-focused research areas at UK higher education institutions, at postdoctoral level or above. PhD students may apply, but must have received their PhD before they start the fellowship. The proposed technology must be an innovation or invention in engineering or technology.

Each Fellow is provided with up to £85,000 to enable them to spend 12 months establishing their own business. In addition to the financial support, training will be provided to develop business skills. Mentors will be allocated to each fellow to provide additional support, advice and access to their entrepreneurial and venture capital networks during the enterprise fellowship.

Closing date 01 Sep 15 (Forecast)

(The information on the website relates to last year’s scheme but remains available for reference until the 2015 call is announced: http://www.raeng.org.uk/grants-and-prizes/support-for-entrepreneurs/enterprise-fellowships).

Biotechnology young entrepreneurs scheme

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The Biotechnology and Biological Sciences Research Council, under its Innovation and Skills Group and the University of Nottingham, under the Haydn Green Institute, invite applications for their biotechnology young entrepreneurs scheme.

This is aimed at raising awareness of commercialisation of bioscience research among postgraduate students and postdoctoral scientists.

Teams will develop a business plan for a company based on a hypothetical but plausible idea based on real markets over the course of one of the following three-day workshops:

  • plant and microbial and environmental sciences workshop that will take place between 8 and 10 October 2014 at Jealott’s Hill
  • chemistry YES workshop that will take place between 15 and 17 October 2014 in Manchester
  • north west workshop that will take place between 15 and 17 October 2014 in Manchester
  • biomedical YES workshop that will take place between 22 and 24 October 2014
  • food YES workshop that will take place between 5 and 7 November 2014
  • southern workshop that will take place between 5 and 7 November 2014 in Leatherhead
  • Scottish workshop that will take place between 12 and 14 November 2014 in Edinburgh.

Up to three teams from each workshop are selected to progress to the final, which will take place on 8 December 2014 in London.

Applicants must be teams of researchers working in the biosciences in UK universities. Individuals who have already participated in the YES workshops and individuals with formal business training are ineligible. There are no age limits, although the aim is to support early-career researchers. Teams are required to pay a refundable deposit of £250 prior to applying.

The winning team will receive £2,500 plus a trip to USA and an invite to the UK Bioindustry Association’s Gala dinner.

Closing date 13 Jun 14

For further information go to http://www.bbsrc.ac.uk/business/commercialisation/biotechnology-yes.aspx

Staffordshire University HEIF mid term review

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We are now two years into our HEIF programme and a lot has happened. So I thought it would be useful to provide some high level  figures on the activity that has taken place from Aug 2011- July 2013. Please find attached a document demonstrating the outputs achieved to date. View here: HEIF mid term review – External Copy (Nov 2013)

Alex Harvey, HEIF Programme Manager

January’s Wider Outlook is here!

January’s Wider Outlook concentrating on the commercialisation opportunities offered by the Technology Strategy Board and the newly announced Erasmus+ programme – replacing all the European Commission’s lifelong learning programmes is here:

http://bit.ly/1hBCTDR

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Funding for commercialisation of Intellectual Property

The Armourers and Brasiers’ Company is, through the Gauntlet Trust, one of the leading supporters of materials science education and research at schools and universities in the UK. They provide direct financial support for the commercialisation of promising research via the provision of an annual Armourers and Brasiers’ Materials Science Venture Prize.
The scheme is focused on an annual prize of £25,000 in the form of an investment into the enterprise and is judged on a competitive basis by a committee of commercial, financial and scientific experts. This prize is intended to enable the winner to fund a significant commercial advancement of the project to a stage where a business may be created to exploit this technology.
The deadline for applications is 31st March 2013, with further details at http://www.armourershall.co.uk/index.php.  Please contact externalprojects@staffs.ac.uk if you are interested.