University of Surrey secures £5million to help small and medium-sized businesses grow
The University of Surrey has been tasked with helping small and medium-sized businesses in the south of England innovate and grow, with the help of a £5million government grant.
The SETsquared Partnership, which includes Surrey and the Universities of Bath, Bristol, Exeter and Southampton, will be working on new projects with small businesses to commercialise research and help deliver the Government’s Industrial Strategy.
The partnership will deliver a highly responsive service for businesses that will help them scale up, offer a one-stop-shop for expert opinion, provide access to stimulus funding and much more.
Caroline Fleming, Head of Incubation at the University of Surrey, said: “We have a growing network of small and medium-sized businesses thanks to our work with SETSquared, our 5G SME membership, and through the engagement activities of VHive and the Surrey Business School. This new project is an opportunity to build on these relationships and work closer with businesses who have significant potential for transforming research excellence into positive economic impact within our area and beyond.”