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The future’s bright for UK innovation as SETsquared is named best in world

Category: Blog Company News HR Products Technology

The SETsquared Partnership is a collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey. They offer support to high-tech start-ups to help accelerate growth, making sure each business becomes both viable and profitable. In 2010, XCD HR founder and CEO, Chris Mitford-Slade joined forces with SETsquared, Bristol to help progress his now thriving HR software company. For the last five years, XCD HR and the SETsquared team have worked closely, forming a true partnership. During this time, XCD HR has received invaluable and dedicated support to help drive the business forward.

And, VERY impressively, was recently announced that SETsquared has been ranked by UBI Global as the top university business incubator in the world and the following story comes from their website.

From start-up only 13 years ago, SETsquared has supported over 1,000 hi-tech start-ups to develop and raise more than £1bn of investment, as well as contributing over £3.8bn to the UK economy with further £15bn contribution estimated over the next 10 years. The partnership currently supports 265 companies across its centres and has created over 9,000 new jobs.

SETsquared, which has risen from the No2 spot on the global list, was ranked alongside some of the world’s best university business incubators, including the Innovation Incubation Center at Chaoyang University of Technology, Taiwan and The DMZ (Digital Media Zone) at Ryerson University, Toronto.

Simon Bond, innovation director at SETsquared, said: “It’s incredible to be recognised as the top university incubator in the world, and we’re all delighted by the news. ‘Team SETsquared’ has worked extremely hard to fulfill our commitment to helping entrepreneurs and start-ups and this top ranking is a real testament to the skill of our staff and the success of the high-tech, high growth potential ventures we work with.

For the full story, please visit their website.

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