UWE Ventures ® Wins UKBI Achievement in Business Incubation Award 2011

Issue date: 04 April 2011

The support that the University of the West of England, Bristol (UWE) provides its clients and the innovative services it offers has been recognised by UKBI, the leading professional body on the development and support of business incubation environments. UWE Ventures has been awarded the 2011 Achievement in Business Incubation Award at the UKBI annual conference.

Vice-Chancellor, Professor Steve West, said, “We are an enterprising university and it is excellent to see the investment we have made to support budding entrepreneurs from ideas conception through to business growth being recognised by UKBI.  Universities have a crucial role to play in stimulating business development, job creation, learning, and prosperity in these challenging times. We hope that some of the methods we have developed may also be of use to other like-minded institutes.”

UWE Ventures, provides affordable and attractive incubation options for UWE students, graduates, staff and other clients starting and growing their own businesses and social enterprises.  A high quality network of experienced business mentors, coaches, professional advisors and supporters enhances our support for clients.

Dr Dave Brennand, Head of UWE Ventures, said, “We aim to increase awareness and foster the spirit of enterprise, innovation and entrepreneurship amongst students, staff and alumni, and established our business incubator in 2009 to enable companies to be nurtured and grown in a professional and supportive environment.  This is a huge honour for the UWE Ventures team, following our accreditation by UKBI, earlier in the year.”

UWE Ventures pre-incubator support uses social media, competitions including the Coffee-Mat Challenge and theBizIdea, advice sessions at the Ideas Factory, and workshops to stimulate the spirit of enterprise, innovation and entrepreneurship amongst students, staff and alumni.  

Peter Harman, Chief Executive of UKBI said “This award is designed to recognise those environments that have introduced innovative services as well as demonstrating the application of best practice and ultimately impacting on their local and regional economies.  This award is open to all member incubators of UKBI, new or established. UWE Ventures have established a comprehensive and well thought out Business Incubation Programme and our congratulations go to them.”

Enterprise Managers Jill Burnett and Kim Jones said, “We are particularly pleased with this award which recognised innovation and quality of services for clients, especially in these challenging economic conditions where nurturing new companies is so vital.  We are very grateful to our clients and in particular to Vashti Richards of DEKI who supported our application for this award.”

Case studies and further information on the Ventures offer can be found at http://rbi.uwe.ac.uk/Internet/innovation

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