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Highlights of SETsquared Bath's 2024 success

SETsquared Bath, part of the SETSquared Partnership and top UK start-up hub, demonstrates significant success in 2024 as it continues to drive innovation.

News Story

Published on 16 Dec 2024 Last updated on 16 Dec 2024

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Stats which are included on the webpage of SETsquared Bath's 2024 success.
The SETsquared Bath Innovation Centre actively supports entrepreneurs, start-ups and scale-up companies across a range of high-tech and high-growth sectors.

The University of Bath is part of the SETsquared Partnership, ranked third leading start-up hub in Europe and first in the UK.

2024 has seen continued success for the SETsquared Bath Innovation Centre. Highlights include:

  • 43 High tech start-up and scaleup member companies supported
  • £15 million turnover
  • £1.3 million raised in equity investments and grant funding
  • 26 new jobs created
  • Third annual Enterprise Day celebration to being together our entrepreneurial ecosystem

START Programme
The University of Bath has been part of the START programme, fully funded by WECA to take you from a tech-based business idea to running your very own start-up. START ran from April 2023 to November 2024 with programme partners, including the Innovation Centre, delivering the training to learners. In total, 120 business ideas were supported across the entire programme with access to 28 hours support and 11 were awarded membership bursaries to the Innovation Centre.

FWD project
Also funded by WECA, the University of Bath has been part of the FWD project, helping businesses, staff and learners be future ready. A range of fully-funded support was offered to health and wellbeing start-ups and SMEs in the West of England since July 2023, and is now coming to an end. In total, 80 companies have gone through a series of workshops, masterclasses or one-to-one support sessions. There are some companies now in the process of being awarded membership bursaries at the SETsquared Bath Innovation Centre. We look forward to welcoming them to our community.

Enterprise Bath

The Enterprise Bath team supports entrepreneurial students at the University of Bath to develop their enterprises. Highlights from 2024 include:

  • 690 students supported through the Enterprise Bath Entrepreneurship Programme
  • £89,500 of funding awarded to students through the University of Bath's Innovation Award
  • 4 Innovation Award Winners who received £20,000 of funding each
  • 112 students completed the online training for IKEEP
  • 42 students delivered 2,940 hours of Knowledge Exchange to businesses
  • 14 SMEs were engaged to work on sustainable projects in the Bath-Bristol area
  • £18,900 project income generated by IKEEP students
  • 45 events held throughout the year
More on the SETsquared Bath Innovation Centre

Enquiries

If you have any questions, please contact us.