in Aerospace

1.2m boost for small firms developing future aviation tech

Posted 23 September 2019 · Add Comment

Cranfield University has been awarded £1.2 million to create a UK Aviation Innovation and Technology Entrepreneurship cluster, named AVIATE+, helping small businesses develop the technology of the future.


Image Shutterstock

One of 20 University Enterprise Zones (UEZ), Cranfield will use its world-renowned expertise in this area to support start-ups and SMEs with specialist facilities, programmes and collaborations.

Accelerating innovation in aviation
Professor Tom Stephenson, Pro-Vice-Chancellor of Research and Innovation at Cranfield University, said: “Aerospace has been identified by the UK Government as being strategically important to our economy, yet there is a lack of specialist business incubators for this sector. With technology developing at pace, including drones and electric-powered flight, we are now in an ideal position to accelerate innovation in aviation. We’re delighted to support small firms who have high-growth potential in this sector, and bring to fruition the technology of tomorrow.”

Cranfield University already has the Cranfield Eagle Lab, supported by Barclays, on site. This is a business incubator for early-stage companies supported by the Royal Aeronautical Society, Garfield Weston Foundation and aerospace industry partners. The new UEZ funding will build on this offer and create more grow-on space for businesses with new workshops and aviation facilities with capacity for large components and data connectivity.

Small businesses to benefit from university expertise
The Aerospace sector provides over 120,000 highly skilled jobs in the UK, and will receive up to £125million in Industrial Strategy Challenge Fund public investment, through the Future Flight programme.

Twenty UEZs have been launched by Research England, part of UK Research and Innovation, to strengthen ties between universities and businesses. Alongside this, investment of £78million is going into the second wave of UK Research and Innovation’s Future Leaders Fellowships.

Science Minister, Chris Skidmore said: “Small businesses are the lifeblood of our economy, and Bedfordshire has a thriving ecosystem of local businesses and entrepreneurs whose creativity and determination help underpin the UK’s position as a leading innovator.

“Alongside this, many of Bedfordshire’s research community are right on the precipice of turning ground-breaking ideas into real products and services which could change the lives not just of people in the local community but people around the world.

“This funding will not only help local scientists take their ideas from lab to market – but will also support an enterprise hub at Cranfield University. Providing space for local businesses to forge crucial partnerships, the UEZs will create jobs, drive local growth and provide SMEs with a vital stepping stone to succeed.”

Universities are at the cutting edge of technology incubation
UK Research and Innovation Chief Executive, Professor Sir Mark Walport, said: “These 20 University Enterprise Zones funded by Research England will be important focal points for collaboration in business-friendly environments, driving innovation and delivering benefits that will be felt across economies at the local, regional and national scale.”

David Sweeney, Executive Chair of Research England, said: "The University Enterprise Zones will act as focal points for collaboration in business-friendly environments, driving innovation and delivering benefits that will be felt across economies as local, regional and national scale.

“They demonstrate that universities are at the cutting edge of technology incubation and are committed to delivering on the government's place agenda."



 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Sustainable Aviation calls for sector to be central to a green recovery

In a letter to the Transport Secretary, the Sustainable Aviation coalition has called for UK aviation to be at the heart of the Governments economic recovery strategy, saying that a joined-up approach to decarbonising aviation will

Osprey CSL appointed as aircraft advisors to BAS

Osprey CSL is delighted to announce that it has been chosen by the British Antarctic Survey (BAS), an institute of the Natural Environment Research Council (NERC) to provide technical advisory services to support the definition and

AVPE and Redcliffe Precision merge

Suppliers of complex machined aerospace components, AVPE and Redcliffe Precision, have today announced a merger and the creation of AVPE Group.

Rolls-Royce to provide MTU propulsion systems for Royal Navy Type 31s

Rolls-Royce is to supply complete MTU propulsion systems for five new Type 31 general-purpose frigates for the Royal Navy.

Raytheon UK appoints Jeff Lewis as Chief Executive and Managing Director

Jeff Lewis has been appointed Raytheon UKs new Chief Executive and Managing Director, effective today.

EasyJet to resume flying from 15th June

EasyJet has announced plans to resume some flights from 15th June, including the airline's daily services between Glasgow, London Gatwick and Belfast airports and resume flights across its European network in France from Nice, Paris

Atkins SK1405170620
See us at
SMI favws BT0602040620DVD 2020