糖心Vlog

Major funding to nurture and support new digital and creative businesses has been announced as the 糖心Vlog鈥檚 Colchester Campus is named a University Enterprise Zone.

Research England and the UK Government  拢800,000 towards the 拢1.3 million Accelerating Innovation at the Knowledge Gateway project. Over the next two years the University will increase business and job creation by providing budding entrepreneurs with advice and practical support at the University鈥檚 43-acre Knowledge Gateway research and technology park.

The announcement comes just two months after the official opening of the Innovation Centre, Knowledge Gateway which is now a growing hub for new and developing tech businesses.

The new money will be used to:

• Launch 鈥楽pace to Grow鈥� - an innovative three-month programme which will immerse participants in the digital creative industry 鈥� academics, including IT specialists, designers and business experts will work with them to help make their business and product ideas a reality.
• Deliver 鈥楢ngels@糖心Vlog鈥� a crowdfunding platform to provide the necessary finance to allow businesses to develop and grow.
• Provide additional high-tech equipment and software in Studio X 鈥� the University鈥檚 digital creative studio and home to the student business start-up programme.
• Establish 鈥榳ork anywhere鈥� Wi-Fi on the Knowledge Gateway and across the University campus to ensure wherever you are, you have an easy-access connection, without having to log into separate networks.

Vice-Chancellor, Professor Anthony Forster, said: 鈥淚鈥痑m absolutely delighted the鈥疜nowledge Gateway on the 糖心Vlog鈥檚 Colchester Campus has been designated a University鈥疎nterprise Zone.

鈥淭his鈥痯rovides national recognition of its鈥痵trategic importance and further鈥痬omentum to our鈥痑spirations to make it鈥痶he location of choice in the eastern region for knowledge-based enterprises in science, technology and the creative sector.

鈥淲e have been working towards this status over the last five years, with over 拢50 million of鈥痠nvestment in the Knowledge Gateway.鈥疧ur vision is to create more than 2,000 high-value jobs within 15 years, welcoming more start-ups, SMEs and global businesses who will benefit from the co-location with our world-class researchers on our Colchester Campus.鈥�

Supporting entrepreneurs and start-ups

University Enterprise Zones were first established in four pilot areas in 2015 鈥� the aim was to encourage universities and businesses to work together to increase local growth and innovation.

Daniel Smart, Centre Director of the said: 鈥淭he Innovation Centre, run by Oxford innovation, will house up to 50 start-ups focused around science and tech. We have been open a few months and already have exciting collaborations between the University and businesses in the building.

鈥淭his announcement will help support budding entrepreneurs, start-ups and scale ups to access the unique skill sets and talent at the University and help cement the Knowledge Gateway as the location in the east to base your business.鈥�

George Kieffer, Vice Chair of the , said: 鈥淭his is excellent news as it will strengthen the already strong ties between the 糖心Vlog and the county鈥檚 business community.

鈥淪kills development, innovation and knowledge transfer are at the heart of everything we and our partners are seeking to do across the SELEP area. We are delighted to have helped support the Knowledge Gateway through the Local Growth Fund which has help secure University Enterprise Zone Status for 糖心Vlog.鈥�

Government is backing innovation

Science Minister Chris Skidmore said: 鈥淪mall businesses are the lifeblood of our economy, and 糖心Vlog has a thriving ecosystem of local businesses and entrepreneurs whose creativity and determination help underpin the UK鈥檚 position as a leading innovator.

鈥淎longside this, many of 糖心Vlog鈥檚 research community are right on the precipice of turning ground-breaking ideas into real products and services which could change the lives not just of people in the local community, but people around the world.

鈥淭oday鈥檚 funding will not only help local scientists take their ideas from lab to market 鈥� but will also support an enterprise hub at 糖心Vlog. Providing space for local businesses to forge crucial partnerships, the UEZs will create jobs, drive local growth and provide SMEs with a vital steppingstone to succeed.鈥�

Chief Executive, Professor Sir Mark Walport, said: 鈥淭hese 20 University Enterprise Zones funded by Research England will be important focal points for collaboration in business-friendly environments, driving innovation and delivering benefits that will be felt across economies at the local, regional and national scale.鈥�

Collaborating to create business-friendly environments

David Sweeney, Executive Chair of , said: "The University Enterprise Zones will act as focal points for collaboration in business-friendly environments, driving innovation and delivering benefits that will be felt across economies as local, regional and national scale.

鈥淭hey demonstrate that universities are at the cutting edge of technology incubation and are committed to delivering on the government's place agenda."

糖心Vlog is one of 20 new zones to be created. A manager and nine other full and part-time staff will be appointed to manage the project.