University and charity tech startup bid to tackle cancer
The University of Edinburgh is partnering with Cancer Research UK to help fund innovative startup companies focused on tackling cancer.
The charity will work with the university’s Data-Driven Entrepreneurship (DDE) Venture Builder Incubator to fund 10 promising companies for up to three months.
Cancer-related projects are expected to make up around half the incubator’s second cohort comprising postgraduate students, postdoctoral researchers and academic staff.
Applicants can be PhD students and postdocs at the University of Edinburgh or Heriot-Watt University, or research staff from anywhere in the UK. Researchers do not need to be currently funded by Cancer Research UK to participate.
The DDE Venture Builder Incubator provides each team with £2,000, workshops, networking events, mentoring, one-to-one support and access to the University of Edinburgh’s entrepreneurial ecosystem.
For the second round, the incubator has also formed a partnership with FinTech Scotland to leverage its network to support entrepreneurs.
The incubator forms part of the ambitious Data-Driven Entrepreneurship Beacon Programme at the University to support post-Covid recovery. It is funded through the Data Driven Innovation programme of the Edinburgh and South East Scotland City Region Deal.
Iain Foulkes, executive director of research and innovation at Cancer Research UK, said: “As funders of much of the world-class, cutting-edge cancer research in the UK, we know how important it is that these discoveries make it out of the lab and into the clinic.
“Encouraging entrepreneurship in our researchers is key to achieving this, which is why we are excited to be a part of the DDE Venture Builder Incubator.
“Through access to bespoke training, 1-2-1 support and new networks to help them navigate the translation process, this incubator will provide a conduit for our most enterprising researchers to accelerate their life-saving discoveries into the hands of patients.”
Applications are open until 1 October for the second cohort of the DDE Venture Builder Incubator, which begins in late November. Businesses will have a chance to win £5,000 at the end-of-programme Demo Day in March, when they will pitch their business plans in front an expert judging panel.
Edinburgh Innovations, the University’s commercialisation service, will manage the incubator, which will be delivered by the Bayes Centre on behalf of the University’s five Data-Driven Innovation Hubs.
The delivery of the programme is supported by Edinburgh-based strategic design consultancy Nile, and edventure, a pan-European university venture builder and accelerator launched in 2020 by three Edinburgh students.
The DDE Venture Builder Incubator’s first cohort saw 27 startups supported between April and July, ranging from apps to save time for teachers and support elderly family members, to robotic systems for sorting waste and monitoring the environment.
During their participation in the incubator, entrepreneurs recruited 23 new team members, formally incorporated four companies, developed seven minimum viable products and raised more than £250,000 in grants, awards and investments.
Dr John Lonsdale, head of enterprise services at Edinburgh Innovations, said: “The Venture Builder Incubator has proven itself a powerful tool that sets innovators on a firm course to success as entrepreneurs.
“To partner with Cancer Research UK to support up to 10 of our teams adds a new dimension to the impact the Incubator will achieve.”
Cancer Research UK’s involvement in the DDE Venture Builder Incubator is part of the charity’s UK-wide programme of support for entrepreneurial activity.
Aberdeenshire leads the way in work-based learning
There has long been debate about the distinction to be drawn between vocational and academic learning. However, in Aberdeenshire Council the focus is on what is best for our learners;…
5G connectivity can ’empower people to restore our planet’
Six years on from the Paris Climate Accords and the world is still getting warmer. We are now seeing first-hand the impact of climate change – the floods and fires…
Cracking the code to offline computational thinking
In our digitally connected world, it can be argued that coding and especially computational thinking have become essential parts of a new ‘computing literacy’ to support traditional literacy. These computational…
Edinburgh rocket company encourages girls to reach for the stars
Since Yuri Gagarin’s maiden trip into space 60 years ago, the aerospace industry has been largely dominated by men. Men are, on average, paid £11,000 more than women. The mean…
How to keep women in tech
Discussions around the gender gap in technology tend to focus on the challenges women face when entering the sector – that is, the subjects they’re encouraged to study at school…
Putting the fun back into learning with edtech and edutainment
Life is all about learning, no matter how young or old you are. If you close your eyes for a second and think back to your school years, it will…
How Facebook took themselves off the internet… a lesson in resilience and a need to decentralise
In a post-pandemic world, one thing that we are now sure of is that we are almost completely dependent on the internet for both our social and working lives. Over…
Forget the elevator, it’s the second pitch that will help you scale new heights
What you say to industry analysts makes the difference in growth The UK is one of the most vibrant places in the world for creating tech ventures. Yet, according to…