24 January 2018
R&D start-ups from across the North West can win free access to a world leading research facility and £10k funding for new equipment as part of an exclusive 6 month business support package in a competition that will help them take their business to the next level.
Young and innovative businesses have until 5 February to enter the competition, launched by the Science and Technology Facilities Council’s (STFC) Daresbury Laboratory, at Sci-Tech Daresbury in the Liverpool City Region.
The competition winner will receive six months free access to a self-contained laboratory, with £10k towards equipment and technical training, and a fantastic business support package which includes one-to-one business planning advice and investment readiness training.
To enter, businesses must be less than five years old and be developing a new product or service in any of the following sectors: healthcare, life sciences, chemical, pharmaceutical, energy, environment, advanced materials and food technology sectors.
Delyth Lloyd, Business Development Manager at STFC, said, “Companies can benefit massively from access to the unique business support and incubation facilities we have here at Daresbury Laboratory. Our prize winner will be supported all the way by STFC staff to ensure that they get the most out of their time here. Winning the competition could mean the difference between being a start-up company with a fantastic idea, to really getting their business off the ground.”
This is the second time that STFC has run this competition for small high-tech businesses. The previous winner, I.F. Sensing is a medical device development company that is developing a low-cost, self-administered test for clinicians and patients to monitor kidney function outside the clinic. Their test will allow patients, such as kidney transplant patients and diabetics, to take control of their healthcare at home, improving their quality of life whilst helping to relieve pressures on the healthcare system.
Having completing its six months business incubation period at Daresbury Laboratory, the company took the business decision to continue its tenancy, now in its second year.
Andrew Roberts, Innovation and Operations Manager at I.F. Sensing said: “Winning 6 months access to a lab and Daresbury’s facilities has made a huge difference to I.F. Sensing's progress. Not only does Daresbury have fantastic technical facilities, and is a great place to work, but the networking opportunities at Daresbury have opened up several new development pathways for us. The team at Daresbury are always available to help find new project partners in a variety of disciplines, which is something small companies can often find difficult.”
The closing date for entries is 5pm on Monday 5 February. Details on the competition, and how to enter, can be found online.
Further information on business incubation and support for small businesses at STFC.
Science and Technology Facilities Council
01925 603232 / 07919 548012