Future Space celebrates £1.3m funding for companies driving innovation

Posted on

Original post appeared on Business Leader.

Businesses based at UWE Bristol’s science and tech hub Future Space are celebrating the award of Innovate UK funding designed to help companies continue innovation and development activities through the coronavirus crisis.

£1.3m funding has been secured by resident businesses in the last three months, supported by the Future Space team.

Future Space businesses securing Innovate UK coronavirus grants, created by the Government to support businesses driving innovation and development, include biodevice tech IP specialist BiotIP; digital experts 500More; pioneers in Cyber-Physical Operating Systems Indus Four; software solutions provider HBXL, mass spectrometry experts Mass Spec Analytical; 3D scanning and software engineering firm OR3D; and eco technology provider to the transport and aviation industries Intercede Ventures.

In addition, transport solutions innovator Esoterix was one of 25 organisations to snap up a share of a £9.4m pot offered by the Department of Transport and delivered by Innovate UK in its 2020 First of a Kind (FOAK) competition, which encourages innovation in the rail industry.

The £370,000 grant has enabled Esoterix to recruit four new members of staff to support with the project which will be completed by the end of March 2021.

Meanwhile, Service Robotics, the company behind GenieConnect®, the companion robot that helps older adults live independently in their homes through voice-enabled face-to-face video support, successfully completed a second seed funding round amounting to £600k.

Future Space returned to full operation for all companies on 29 June and maintained access throughout the lockdown period for its lab-based businesses to enable vital research to continue uninterrupted.

The team worked closely with UWE Bristol at the start of lockdown to put in place a support package for all companies.

All companies also received three months’ 50% rent reduction and access to UWE Bristol’s Summer Internship scheme.

Service Robotics and another Future Space business Healcerion EMEA have appointed fully funded interns for the summer as part of the scheme designed to create employment opportunities during the challenging Covid period.

Future Space is managed by Oxford Innovation (OI) on behalf of the University of the West of England (UWE), and offers a range of office space, shared and dedicated laboratories, workshops and coworking facilities designed specifically for high-tech, science based entrepreneurs and innovators.

Future Space centre director Laura Crocken Stevens said: “It’s testament to the pioneering work ongoing here at Future Space that these innovation-driven grants and funding have been received by our customers and we look forward to seeing what the next phase brings.

“We have been focused on assisting all our resident businesses through lockdown. Every company has a different story to tell. For our lab customers it was essential for us to maintain access to Future Space to continue important research work and others needed assistance to take advantage of Government support measures.”

Professor Martin Boddy, pro vice-chancellor for research and enterprise at UWE Bristol and a key founder of Future Space commented: “There’s no doubt that Covid-19 has created unexpected challenges, with the situation still evolving. Future Space businesses have, however, shown great resilience in the face of these challenges and continue to innovate and grow.

“These funding awards are great news and we look forward to seeing the emergence of ground-breaking work as a result. Future Space has become synonymous with excellence in innovation, demand for our space and facilities remains buoyant and we look forward to continuing growth and development.”
Future Space is managed by Oxford Innovation (OI) on behalf of the University of the West of England, Bristol (UWE), and offers a range of office space, shared and dedicated laboratories, workshops and co-working facilities designed specifically for high-tech, science based entrepreneurs and innovators.
The hub last year posted record results, with over £9 million of regional Gross Value Added (GVA) in its third year of operation.

Read the full story here

Future Space resident Homelync joins forces with Aico to expand market leading social landlord Internet of Things platform

Posted on

Homelync, who started in the Bristol Robotics Laboratory (BRL) Hardware Incubator before graduating to Future Space, have been acquired by Aico.

Homelync are an award-winning, innovative technology firm that specialise in smart home integration and analytics technology. With industry-leading expertise in the Internet of Things (IoT), software development and integration, the Homelync team are at the forefront of this progressive market. Homelync have widely rolled out integrated IoT solutions for social landlords across the UK to help them tackle challenges associated with cost savings, maintenance efficiency, decarbonization, tenant safety, fuel poverty, and social care. This is done by leveraging an ecosystem of leading IoT devices including temperature, humidity, CO2, fire safety, water leak, boilers, and energy.

Aico is the UK market leader in domestic Fire and Carbon Monoxide protection, pioneering new technologies and offering high quality Fire and Carbon Monoxide alarms. Known for their focus on education, quality, service and innovation they are the premium brand in social housing. After the successful roll out of their popular SmartLINK Gateway, and due to customer demand, they have ambitious plans to expand further into the social housing Internet of Things (IoT) and connected home market.

This acquisition represents a significant step forward for IoT in social housing at a time when the market has recently seen significant growth. The acquisition gives landlords the opportunity to invest in IoT over a longer term investment cycle by providing an additional layer of confidence that couples Homelync’s innovation with the resources of a well-established brand that is trusted in the sector. Aico’s heritage of 30 years standing provides great strength for all landlords.

Read the full story here. The BRL Hardware Incubator and Future Space are part of the University Enterprise Zone. They connect entrepreneurs and tech innovators with scientists, researchers and graduate talent – to spark collaboration, innovation and growth. Find out more here.

Future Space resident, Mass Spec Analytical, Receives Innovate UK Funding for Plasma Ion Source Research

Posted on

Future Space resident Mass Spec Analytical, announced today that it has received additional funding from Innovate UK to pursue its Plasma Ion Source Development work.

Mass Spec Analytical (MSA) received the award through the Analysis for Innovators Competition where the aim is to help companies overcome intractable product, manufacturing or process performance problems through advanced measurement and analytical technologies.

Mass Spec Analytical specialises in the development of versatile direct-analysis ion sources for substance identification using mass spectrometry.

MSA was awarded a further grant under the COVID-19: Continuity Grants initiative to provide additional support to the project, ensuring that the challenges presented by the current pandemic and lock down of key facilities would have as little impact as possible.

Lance Hiley, MSA Managing Director commented: “The Analysis for Innovators (A4I) programme has provided our business with access to experts and equipment in laboratories recognised worldwide for analysis and measurement”

“That is invaluable to a company like ours developing innovative products. Our project had just got underway when the Covid-19 Lockdown was announced, and our plans delayed. The Covid-19 Continuity Grant has provided us with additional funds to develop workarounds with our Innovate measurement partner and implement alternative approaches to the workplan. The structure of the grant also ensures that the additional funds will pay for a legacy in our business in the years to come.”

Read the full story here.

Future Space is part of the University Enterprise Zone. They connect entrepreneurs and tech innovators with scientists, researchers and graduate talent – to spark collaboration, innovation and growth. Find out more here.

Launch Space graduate incubator recruiting now

Posted on

Have you graduated from a UK University in the last five years and have a business idea you’d like to put into action?

Launch Space provides free desk space and business support for graduate-led, innovative and high-tech businesses at various stages on the start-up journey. Launch Space is offering their business support package virtually, whilst the desk space is made safe for working.

Launch Space is part of a wider entrepreneurial community based on our Frenchay Campus in our University Enterprise Zone, housing the Future Space flexible workspace; the Bristol Robotics Laboratory and the Health Tech Hub – making it a great environment for graduate start-ups to flourish.

Since opening in 2017, Launch Space has supported over 100 businesses, with over £4.2 million funds raised by its residents and employment created for more than 120 people.

Launch Space is now well established in the regional start-up community, and is recognised for its unique ability to connect start-ups with the support and collaboration of the wider university and business communities.

Find out more and apply today to grow your start-up business.

If you have any questions, please get in touch via email: launchspace@uwe.ac.uk or call +44 (0)117 3286168.

Future Space Resident 500 More receive Covid-19 Grant

Posted on

Future Space resident, 500 More Ltd has won a grant to work with Oxford Brookes University on an Artificial Intelligence (AI) development that monitors how you walk after having Covid-19.

How you walk (or gait) is an indicator of recovery from diseases such as Covid-19. The funding will enable the joint team to develop an app to analyse walking, allowing doctors to track how patients recover. The project utilises state of the art AI to objectively measure walking quality, a key health indicator.

500 More has been selected as one of a number of innovative start-up businesses to receive funding from Innovate UK, the UK’s innovation agency, to fast-track the development of innovations born out of the coronavirus crisis, while supporting the UK’s next generation of cutting-edge start-ups.

Greg Smart, CEO 500 More Digital said: “The DataGait project will help patients who are recovering from Covid-19 by giving them simple walking tasks to perform at home, allowing clinicians to track their recovery safely and remotely.

“This is a great example of our mission to drive purposeful digital innovation. Innovate UK funding will allow us to get this product in the hands of patients and doctors more quickly.”

Read the full story here.

Future Space is part of the University Enterprise Zone. They connect entrepreneurs and tech innovators with scientists, researchers and graduate talent – to spark collaboration, innovation and growth. Find out more here.

Invest, Connect, Explore 2019

Posted on

On Wednesday 08 May, the University Enterprise Zone hosted their annual networking event: Invest, Connect, Explore (ICE) 2019.

ICE 2019 gave local businesses the chance to meet the ambitious businesses based in UWE Bristol’s University Enterprise Zone and hear about the support available to growing and innovative businesses across the region.

The event saw businesses from each hub share stories from inventors and business leaders about their cutting edge solutions to real-life health, technology and business challenges that society currently faces.

Over 100 delegates met with the diverse group of leading entrepreneurs from graduate start-ups to established SME businesses who are pushing boundaries and providing new ways to look at the world and businesses.

They were able to experience hands on the technology that is available within the University Enterprise Zone – experiencing robotic solutions to mobility, having fun with the latest motivational fitness technology and learning about how written mass marketing can be tailored and personal.

The University Enterprise Zone is an entrepreneurial community housing four hubs:

Launch Space: A graduate incubator that provides free desk space and business support for start-up businesses in the heart of our University Enterprise Zone.

Future Space: Future Space connects entrepreneurs and tech innovators with scientists, researchers and graduate talent – to spark collaboration, innovation and growth.

Bristol Robotics Laboratory: Bristol Robotics Laboratory (BRL) is the most comprehensive academic centre for multi-disciplinary robotics research in the UK.

Health Tech Hub: The Health Tech Hub helps businesses to develop and bring to market new technology solutions which promote health and wellbeing, particularly focusing on independent living and citizen-centric health

To find out more about The University Enterprise Zone please email UEZevents@uwe.ac.uk

Launch Space will receive up to £2,000,000 of funding from the European Regional Development Fund (ERDF), as part of the European Structural and Investment Funds (ESIF) Growth Programme 2014-2020. The Ministry of Housing, Communities and Local Government (MHCLG) is the programme’s Managing Authority. Established by the European Union, the ERDF helps local areas stimulate their economic development by investing in projects that support innovation, businesses, job creation and local community regeneration.

Launch Space graduate incubator recruiting now

Posted on

Have you graduated in the last three years in the UK and have a business idea you’d like to put into action?

Launch Space provides free desk space and business support for graduate-led, innovative and high-tech businesses at various stages on the start-up journey.

Launch Space is part of a wider entrepreneurial community based on our Frenchay Campus, housing the Future Space incubation facility and the Bristol Robotics Laboratory – making it a great environment for graduate start-ups to flourish.

In just 18 months, Launch Space has supported over 50 businesses, with over £1.8 million funds raised by its residents and employment created for more than 90 people.

Launch Space is now well established in the regional start-up community, and is recognised for its unique ability to connect start-ups with the support and collaboration of the wider university and business communities.

Find out more and apply today to grow your start-up business. Launch Space is supported by the ERDF.

If you have any questions, please get in touch via email: launchspace@uwe.ac.uk or call +44 (0)117 3286168.

Launch Space will receive up to £2,000,000 of funding from the European Regional Development Fund (ERDF), as part of the European Structural and Investment Funds (ESIF) Growth Programme 2014-2020. The Ministry of Housing, Communities and Local Government (MHCLG) is the programme’s Managing Authority. Established by the European Union, the ERDF helps local areas stimulate their economic development by investing in projects that support innovation, businesses, job creation and local community regeneration.