The University of Gloucestershire has secured over 80,000 Euros of funding to participate in a European programme called SCIENT, to encourage entrepreneurial activity amongst scientific PhD students and graduates. The work is part of a wider project to boost economic wellbeing in Gloucestershire.
The programme will be delivered through the Growth Hub, to ensure maximum benefit for Gloucestershire businesses, and will run for three years. The funding was successfully applied for by a consortium of European organisations, including the university, will include be a study of existing entrepreneurial programmes, accelerators and hubs in the EU and beyond.
The outcome of the work will be a top quality pre-accelerator programme for STEM (Science, Technology, Engineering and Mathematics) students and, ultimately, the programme will aim to encourage and develop Gloucestershire student’s scientific ideas into viable, thriving businesses.
Laura Crabb, Director of Business Development at the University of Gloucestershire commented: "This is excellent news for Gloucestershire and continues the university’s excellent track record in securing funding to benefit the local economy and create wealth in the county. Gloucestershire already has an enviable reputation for the practical application of scientific knowledge in the engineering and manufacturing sector. By securing this funding we will help create the next generation of young entrepreneurs with scientific knowledge".
The SCIENT project will be a unique partnership between education and business involving a number of southern and northern European countries and will get underway in 2015.