enterprise hubs presentation to the new forest branch of the
TRANSCRIPT
ENTERPRISE HUBS
Presentation to the New Forest Branch of the Federation of Small Businesses
18th October 2005
What is an Enterprise Hub?
• A business support network for start-up and young businesses
• Aimed at knowledge-based, high-tech companies with high growth potential
• Facilitates the transfer of technology and know-how from universities & research institutes
• Part of a regional network of 22 Enterprise Hubs
Why Hubs?
““3-4% of start-ups in a given period account for 3-4% of start-ups in a given period account for between 50% - 75% of between 50% - 75% of allall jobs created 10 years jobs created 10 years later”later”
““Start-ups are responsible for 55% of incremental Start-ups are responsible for 55% of incremental and 65% radical innovation”and 65% radical innovation”
DTI Innovation Report 2003DTI Innovation Report 2003
Incubation Aims
Remove barriers and increase access to:
• Flexible workspace
• B2B mentoring and networking
• Business Support
• Early Stage Finance and R&D Grants
• Access to the Knowledge Base locally and across the network
Locations – a regional network
Five Elements of a Hub
• Hub Director
• Business Champion
• Flexible workspace
• Access to the knowledge base
• Commercialisation Process
Added ValueHub companies have access to:
• Specialist facilities (e.g. wet labs,)• Specialist equipment (often through links with
universities)• Access to business networks• Hot desking facilities• Broadband & video conferencing• Meeting rooms• Use of Hub mailing address and receptionist
facilities
Hub ServicesThe Hub Network delivers key services needed by
its businesses.• HUBCAP – Hub commercialisation programme.
• Intellectual Property and other specialist advisors
• ‘Quickview’ market research
• Cashflow wizard
• Access to finance workshops with FSE and Business Link
• Access to Business Angel networks e.g. Alchemists, SION, OIN, TVIN, SECA
• “Merlin” Mentors programme.
Commercialisation Process
• Hubs provide companies with a commercialisation framework from idea to attracting major funding
• This process enables us to track company developments and intervene at key stages
The Southampton Enterprise Hub
Steve Davis
Director
Supporters and Stakeholders“our friends”
Higher Education
Business Support Agencies
Business Networks
Local Authorities
Economic Partners
Knowledge Based Centres Linked to the Hub
St John’s Innovation Start Fareham
LymingtonEfford Research Station
(Redevelopment ?)
Basepoint Abbey Park, Andover
SouthamptonMarine Innovation
Centre(Concept)
SouthamptonMedia Park
(concept)
EastleighTechnology Park
(concept)
ChilworthBusiness Incubator
Hatchery at the Institute
(Concept)
SetSquared Centre at the University
BasepointSt. Mary’s Southampton
BasepointRomsey
Typical Southampton Projects
• Solent Marine Community.- Clustering.• ERIC – Virtual Inst. For Composites (EU scope).• Wired Wessex – ICT and new media sector• NHS IP Hub ( Hampshire & IoW + Hatchery).• SETSquared. (Universities of Soton, Bristol & Bath and Surrey).
• Merlin Network – 12 mentors and 13 companies recruited.
• Southampton Enterprise Gateway
What do you need ?