SETsquared teams up with Logica
11 April 2011
Business and technology services company, Logica, has formed a new partnership with the SETsquared Business Acceleration Centres in Bristol and Southampton.
The SETsquared Business Acceleration Centres are part of the SETsquared Partnership, a collaboration between the Universities of Bath, Bristol, Exeter, Southampton and Surrey that supports new business opportunities through spin-outs, licensing and incubation. The centres are designed to help provide practical growth and development services to transform start-ups into viable sustainable businesses.
The new arrangement with Logica will provide a commercial bridge between the new innovative technologies being developed and potentially interested parties under the umbrella of Logica’s reputation. It is hoped that 10 early-stage technology businesses within the centres will benefit within the first year of the relationship.
Commenting on the arrangement, Nick Sturge, director of SETsquared in Bristol, said: ‘We are delighted to be working with a major systems integrator such as Logica, to provide routes to market and exposure for our ventures. Getting early sales has become more important than seeking seed investment in the current climate and this type of partnership approach where all parties benefit is a real enabler.’
Danny Wootton, Logica’s UK innovation director, added: ‘It is vitally important that we support innovation wherever we find it, which is why we run a global innovation partners programme. Some of the ideas being explored by the teams at the SETsquared centres are genuinely exciting and I hope that with our help we will be able to bring real value not just to the start-up businesses but to our clients as well.’