A key strength of the Southwest, the SETsquared Partnership of the Universities of Bristol, Bath, Surrey and Southampton, has been joined by the University of Exeter.
SETsquared is one of the UK’s most successful and long-running university-enterprise collaborations and runs innovation and enterprise centres across the region, developing routes to market for academic research, raising investment and creating jobs through its support for high-tech, high-growth early stage companies – both university spin-outs and companies in the wider community. Over the last five years the Partnership has supported around 650 companies, helped raise more than £150m in capital and created over 1,000 new jobs.
Exeter already has solid links with Bristol and Bath. Its activity in climate change, functional materials, systems biology and translational medicine adds strength to the Partnership’s research base. Exeter also has strong networks and support facilities for high-tech companies and will be a proactive partner in SETsquared’s incubation and business-creation agenda.
The SETsquared Partnership has nearly 7,500 academics at the five universities, which are jointly responsible for nearly nine per cent of the UK’s research budget.
“In these difficult times, the contribution universities make to the economy is key. The SETsquared Partnership has been very effective and expanding our membership will strengthen the role we can play. Exeter is an outstanding research-based university and is strongly engaged with the business community. It is an excellent fit with SETsquared’s existing members,” said Neil Bradshaw, Director of Enterprise at the University of Bristol and a member of the SETsquared Management Group.
“It is excellent news that the University of Exeter has now decided to become a member. It produces outstanding research and is strongly engaged with its regional business community,” said Ron Humphreys, Director of Bath Ventures. “We look forward to working together to bring further beneficial impact to the economy and wider society through our business support facilities and our combined research portfolio.”