SETsquaredBusiness AccelerationA Motor for Wealth Creation

David Bream & Alan Scrase12th June 2012

hone business plans develop management teams secure finance

Ageing & Lifelong Health

Global Uncertainties & security

Living with Environmental Change

Digital Economy

Programme of Events, Seminars, and Training organised on themes consistent with those of the TSB, University Strategy Research Groups (USRG), University Industry Sector Teams (UIST). Events named in a systematic way so it’s clear: whichtheme they support, who the intended audience is, and what stage of technology / business is being targeted (idea, start-up,growth, SME, corporate or all). Events aimed at technologists, entrepreneurs, investors, professional services, companies,or combination.

UniversityResearch

Bluesskies

Applied

SETsquaredBusiness Acceleration

Open Innovation involvinglocal SMEs

Techtransfer

Open Innovationinvolvingglobal corporatesand blue-chips

Spin-outs

Hi-tech start-ups from local economy

licensing andconsultancy

Investment Fund Exits viatrade sale

Scaling andchannels to market

Two-way flow ofpeople and ideas

£ £ £ £ £Commercialisation opportunities

Innovation system

Business Acceleration

Assist high-growth potential companies:

– business planning

• product/service definition and development

• competition, differentiation and value proposition

• market focus and routes to market

• identifying and securing necessary resources

– management team development

• identify skills

• identify people

• team function effectively

– funding

• roadmap

• securing appropriate finance

SETsquared – The Story So Far

• Government funded business acceleration programme formed 2003

– Currently 5 Universities (Southampton, Bristol, Bath, Exeter, Surrey)

– Annual investor event in Whitehall:

• 200 venture capitalists and other investors

• High profile keynote speakers include

– Lord Sainsbury, Jon Moulton

• Proven track record in successfully developing high growth technology companies

The Bristol SETsquared Business Acceleration Centre, part of the University of Bristol, was named ‘Established Business Incubator of the Year 2008’ by the UKBI (UK Business Incubation) . Nov ‘08

Award ceremony at 11 Downing Street for BERR’s Enterprising Britain competition - Southampton SETsquared key member of Millbrook Technology Campus - South East regional winner. Oct ’08

SETsquared – Success Stories

• Ilika – materials discovery– Established with small working capital in 2004– Raised growth funding in 2006– Raised funding in 2007, in 2010, and in 2012– Diverse applications across multiple verticals– Contracts with Shell, Johnson Matthey, AsahiKasei, Toyota, NXP– Strong board: http://www.ilika.com/main.php?id=7

• Symetrica – nuclear security– Joined in Oct 2003– SETsquared mentor, Heddwyn Davies, becomes CEO, Mar 2004– Funding rounds in Oct 2004, and in Sept 2005– framework contact from Dept of Homeland Security,Nov 2006

• BAC2 – conductive polymers– 1st funding round in May ’06– fuel cell applications, plus many others– Second round in Nov 07 biggest Angel investment from LBAN (cap

x4 in 18mths)– Strong board: www.bac2.co.uk/about-us

Business Review Panels

• Another recent success for SETsquared in Southampton

• PrimerDesign were the first company in the world to develop a rapid detection test for SwineFlu

• Featured on Sky News main evening broadcast

http://www.youtube.com/watch?v=a7UNEgmPmW0&feature=related

Investor Readiness Programme

• The 9th annual SETsquared Investment Showcase will be held on Thursday 18th October 2012 at the Institute of Civil Engineers, London

• This event is strictly by invitation only to Venture Capitalists, High Net Worth Individuals or Self Certified Sophisticated Investors.

• The event will showcase around 20 technology spin-out companies and entrepreneurial start-ups with potential investments ranging from £150k to £5m.

• To attend you need to be prepared via a SETsquared Investor Readiness training programme and have passed two selection days

• SETsquared at University of Southampton is running next 2 day Investor readiness training programme 26/27th June 2012.

• Based at Science park

• 100% subsidised places still available for June so speak to David Bream of myself about your firm’s suitability to attend

Entrepreneurial Internships

• Post Doc and Post Graduate Researcher

• 3-9 months secondment

• Between £200 and £350 company contribution

• Secured 2012 funding from Engineering and Physical Sciences Research

Council (EPRSC) for 100% of a secondee’s stipend

• Work on business related problem

• Currently enough funding for 7 secondments only

• Successful past programmes with:

– Nokia, Cascoda, Ilika, Apollo Fire Detectors, Symetrica and TiaCaan

• http://www.southampton.ac.uk/gradschools/graddev/internscheme.html

David Bream

Centre Director

d.bream@soton.ac.uk

07545 423 694

Alan Scrase

Centre Manager

a.scrase@soton.ac.uk

07825 761 652