More businesses will be able to unlock vital R&D investment support following the announcement of a two year extension to the SETsquared Scale-Up Programme. Businesses in high-growth sectors such as health tech and sustainable tech will now be able to access expert support to raise public and private co-investment into their research and development and innovation.
The Scale-Up Programme has broken new ground by pooling the research talent from across six partner universities to create new research and development and innovation partnerships with high-growth businesses at the leading-edge of technologies including quantum technology, cyber security, precision medicine and zero emission propulsion systems. The Programme has already helped its 300 member companies secure £80m of investment in R&D partnerships with the SETsquared universities.
Examples of successful R&D collaborations which were supported through the Scale-Up Programme include Ecomar Propulsion which is investing in a £326k collaborative R&D project with the Centre for Future Clean Mobility at the University of Exeter to develop its zero emission propulsion systems for the commercial marine sector.
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