The University of Bath Sustainable Technologies Business Acceleration Hub (STBAH) is helping grow a new generation of innovative small firms in the sustainable technologies sector.
Based in the university’s existing Innovation Centre in Bath city centre, the aim is to develop more than 130 small and medium sizes businesses over the next three years.
The programme is open to firms across the West of England, including South Gloucestershire, which are dedicated to harnessing technology to tackle some of the key issues in the low carbon and sustainable sectors, from transport and power to the way homes are built.
Two programmes are available through the STBAH, one offering 2-day Startup Workshops focusing on the key elements of early stage business growth, such as identifying the market opportunity and building a business plan. This will primarily be for very early stage businesses which have been operating for under 12 months. The other programme is the Business Acceleration programme and offers mentoring and coaching for more established businesses who are looking to ‘scale-up’. This is more intensive support on an ad-hoc basis, potentially over 12 months, and will be bespoke to the specific business needs. It covers specialist advice on bid writing, HR, legal, procurement or engaging with university researchers. It may involve smaller workshop sessions with a number of businesses (up to ten) or more intensive one-to-one support. This may involve some businesses that have graduated from the Start-Up Programme.
The support is free and funded through the European Regional Development Fund, it is operated by the University of Bath Research & Innovation Service and supported by Low Carbon South West (LCSW).
Project lead and director of the university’s Centre for Sustainable Chemical Technologies (CSCT), Prof Matthew Davidson, said, “Low carbon and sustainable technologies are a research strength of this university.
“Not only will this business acceleration hub enable us to collaborate more effectively with additional businesses, but they will be businesses which are highly innovative with strong growth potential. Having this network available is an important asset for us. It will continue to build on the West of England region’s reputation for world-leading innovation in sustainable technologies and supporting the continued growth of the wider low carbon economy.”
The Sustainable Technologies Business Acceleration Hub are keen to engage with businesses across the West of England in particular South Gloucestershire and North Somerset. If you think the STBAH could help accelerate your low carbon or sustainable project, visit the website for further information and submit an online application form https://www.stbah.org/.