Monday, 02 December 2024
The University of Nottingham is set to be part of a new collaborative network, dedicated to enhancing and developing business support and technical ecosystems focused on climate start-ups.
The UK is set to receive a serious boost in its fight against climate change with the launch of the Climate Scaling Collaborative, a pioneering initiative to support IP-rich start-ups and spin-outs with links to universities, working on solutions for climate mitigation and adaptation.
The Climate Scaling Collaborative will provide robust support to 60 businesses, helping them develop from initial funding to commercial deployment. Covering multiple industries, these businesses will be sourced from across the UK university ecosystem with the support of a wide network of partner organisations.
Backed by £5m from the Research England Development Fund, the Collaborative unites leading UK universities Imperial, Cranfield University, the University of Derby, the University of Exeter, the University of Leeds and the University of Nottingham to provide the critical support required by deep tech climate innovators in the scale-up phase.
The funding was announced by Professor Dame Jessica Corner, Executive Chair of Research England at an event hosted by TenU celebrating a year since the launch of the government’s review of university spinouts.
The Collaborative will create a regional hub at each partner university, enhancing and developing business support and technical ecosystems focused on climate start-ups. These hubs will build local relationships and specific expertise on potential clients, partners or collaborators, turbocharging the journey from start-up to scale-up. Through the Collaborative, these local hubs will form an interlinked network across the UK.
This new Climate Scaling Collaborative will see our climate related research backed up by expertise in knowledge exchange and commercialisation. We're are excited to see this timely new initiative take shape and look forward to working with our new partners."
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More information is available from Faith Pring on faith.pring@nottingham.ac.uk
Faith Pring - Media Relations Manager
Email: faith.pring@nottingham.ac.uk
Phone: 0115 748 4411
Location: University of Nottingham, University Park
Notes to editors:
About the University of Nottingham
Ranked 32 in Europe and 16th in the UK by the QS World University Rankings: Europe 2024, the University of Nottingham is a founding member of the Russell Group of research-intensive universities. Studying at the University of Nottingham is a life-changing experience, and we pride ourselves on unlocking the potential of our students. We have a pioneering spirit, expressed in the vision of our founder Sir Jesse Boot, which has seen us lead the way in establishing campuses in China and Malaysia - part of a globally connected network of education, research and industrial engagement.
Nottingham was crowned Sports University of the Year by The Times and Sunday Times Good University Guide 2024 – the third time it has been given the honour since 2018 – and by the Daily Mail University Guide 2024.
The university is among the best universities in the UK for the strength of our research, positioned seventh for research power in the UK according to REF 2021. The birthplace of discoveries such as MRI and ibuprofen, our innovations transform lives and tackle global problems such as sustainable food supplies, ending modern slavery, developing greener transport, and reducing reliance on fossil fuels.
The university is a major employer and industry partner - locally and globally - and our graduates are the second most targeted by the UK's top employers, according to The Graduate Market in 2022 report by High Fliers Research.
We lead the Universities for Nottingham initiative, in partnership with Nottingham Trent University, a pioneering collaboration between the city’s two world-class institutions to improve levels of prosperity, opportunity, sustainability, health and wellbeing for residents in the city and region we are proud to call home.
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