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Robert Gordon U launches the first start-up accelerator in its region

By Jesse Schwartz
Published: May 16th, 2018

Robert Gordon University (RGU) is launching North East Scotland’s first funded start-up accelerator. The new program will support students, staff and recent alumni who want to start businesses around their technologies, with each team receiving up to £10,000 ($13,566 US).

RGU will run a competition to enter the accelerator, in which participating teams submit business proposals to a panel, which will choose the final start-up teams later in the fall.

“Entrepreneurship is now a career choice for many graduates, and here at RGU students will get the opportunity to try to build and grow their businesses before they even leave the university,” says Gordon McConnell, vice president of commercial and regional innovation and creator of the new accelerator.

“This new initiative builds on RGU’s history as an innovator and business-focused institution,” says professor Ferdinand von Prondzynski, principal and vice chancellor of RGU. “But it also moves us into new opportunities as the promoter of new start-ups and cutting edge innovation.”

The new accelerator has received funding from the Wood Foundation, a Scottish charity focused on economic development.

“This project aims to support entrepreneurial activity within our student, academic and graduate communities,” says Sir Ian Wood, chairman of the Wood Foundation. “It is directly aligned with the regional economic renaissance agenda … which includes growing our entrepreneurial environment to enable more business creation and growth across all industry sectors.”

Source: Robert Gordon University

Posted under: Tech Transfer e-News

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