Science Park introduces new initiative to support entrepreneurial talent

Wed 4th July 2012

The University of Southampton Science Park today unveils a new initiative, developed in association with SETsquared, which aims to reward entrepreneurial talent in the South East with a comprehensive, tailored programme of mentoring and support over a 6 month period which will provide these individuals with all the tools they need to turn a high quality, high-tech idea into a viable business proposition.

The Catalyst Centre initiative also provides free desk and meeting space, and up to £1000 towards business expenses. Mentoring and support will be ongoing over the 6 month period. Entries are open now, and interested parties should visit http://www.usspcatalystcentre.org.uk/ for further information, and to submit their entry.

Chief Executive of the Southampton Science Park, and Catalyst Centre judge, Peter Birkett said “The Catalyst Centre will allow individuals with brilliant ideas to thrive in an innovative and supportive environment. We hope this initiative will not only allow businesses to grow and develop but also inject added energy into the local economy whilst becoming embedded in the entrepreneurial Science Park community.”

Entrants will be asked to complete a short online form, describing their high tech business idea. Entries close on the 14th September, and selected participants will be invited to pitch their proposition to the judging panel. Following the pitch process, up to seven individuals will be invited to take up places in the Catalyst Centre with immediate effect. On conclusion of the six month period, there will be a graduation event, where each business will present to the judging panel and invited guests. Following successful completion of the Catalyst Centre process, the best  businesses will be considered for entry into the Setsquared Business Acceleration programme http://www.science-park.co.uk/BusinessSupport/SETsquared/tabid/122/Default.aspx