A new Life Science Accelerator programme will launch at Bruntwood SciTech’s Alderley Park campus to help drive greater innovation in the region.
The programme, designed specifically for early stage life science businesses nationwide, will offer access to support and facilities at the science and technology campus that will boost their growth and development.
The six-month programme will combine specialist laboratory incubation support and business model development, with expertise provided by industry leaders from Bruntwood SciTech partners including Triple Chasm, ThermoFisher Scientific, Marks & Clerk, Pharmalytical Services, Mercia Ventures and Praetura Group, funded by the UK government’s UK Shared Prosperity Fund (UKSPF).
The programme’s limited intake of up to ten early-stage life science venture companies will ensure dedicated, personalised attention, with each recipient receiving support valued at approximately £60,000. Across the six months, participating biotech entrepreneurs will receive complimentary laboratory access, supplemented by access to pay-per-use scientific equipment via the Open Access Lab.
Participants will also benefit from bespoke business support delivered by Triple Chasm, a leading expert in sustainable commercialisation of science and technology-enabled innovation. The Life Science Accelerator will involve working with their venture teams to develop comprehensive commercialisation plans for areas including market space definition, proposition framing, customer definition, distribution, marketing and sales, IP management, and funding.
Dr Kath Mackay, Chief Scientific Officer at Bruntwood SciTech, said:
“The new Life Science Accelerator programme truly embodies our dedication to supporting early-stage life science companies across the UK by providing them with the necessary resources and guidance to thrive. Our mission is to empower these companies to bring their innovative ideas to fruition, ultimately contributing to the advancement of the life sciences sector and the broader economy.
“Launching this programme at Alderley Park allows participants to tap into the vibrant ecosystem of scientific companies and foster valuable networking opportunities, enriching the community and driving further collaboration.”
The Life Science Accelerator will begin with an in-person two day bootcamp at Alderley Park on 3rd and 4th July 2024, with an optional online workshop to be held on 1st July 2024.
Based outside Alderley Edge, Alderley Park is home to over 250 science and technology businesses, with state-of-the-art laboratory and office spaces situated in 400 acres of parkland, operated by Bruntwood SciTech, a joint venture between Bruntwood, Legal & General and Greater Manchester Pension Fund.