Tag Archives: Start-up Support Birmingham

£100,000 to be shared across 9 low carbon start-ups on Innovation Birmingham’s accelerator programme

£100,000 of initial investment cash is being shared across nine start-ups on Innovation Birmingham’s Low Carbon Accelerator programme, which is part of the European-fundedClimate-KIC initiative.

A total of 16 low carbon start-ups pitched for the investment funding, in front of a panel of three industry judges. The process was facilitated by Innovation Birmingham’s Climate-KIC team and two of the Entrepreneurs in Residence.

The grant funding – circa £11,000 for each of the nine start-ups – will be used to pay for research and development, and other activity to enable the low carbon products and services to be launched to market in an accelerated timescale.

The three judges awarding the finance were: Paul Adams, an entrepreneur and environmental specialist, appointed by the University of Birmingham as a BSEEN Programme Adviser; Ian French, investment director at Finance Birmingham; and Glenn Barrowman, a Project Manager at Built Environment Climate Change Innovations.

Katharine Fuller, Innovation Birmingham’s Senior Project Manager for EU Projects said: “Early stage grant funding makes such a difference to start-up businesses. The timetable required for an entrepreneur to launch their product or service to market is critical, and the funding available through the European Climate-KIC initiative enables the best businesses starting up in the low carbon sector to receive a helpful grant.

“In addition to this grant funding, all of the businesses will continue to work alongside the three Entrepreneurs in Residence who have been specifically appointed as advisers to the Low Carbon Accelerator programme. The ultimate aim is to help to launch as many sustainable start-ups as possible.”

The nine low carbon start-ups being awarded grant funding are: Full Grown, which is working to change wasteful mass production processes; 5L, a water and energy efficiency business; Unicorn Power Ltd, specialising in clean energy and environmental mitigation; Libralato, a hybrid powertrain specialist; Alkali Solutions, which specialises in industrial symbiosis; WRK Design & Services Ltd, an alternative energy provider; Petalite Battery, which reduces carbon in manufacturing and the product lifecycle; Greengineering Ltd, which specialises in resource and built environment efficiency; and Civico Online Exchange Tracker, a waste prevention solution.

Read full press release on Innovation Birmingham Campus news page here>

Education Tech Start-Up Wambiz Secures £600,000 Investment

Innovation Birmingham Campus-based WAMBIZ, a start-up tackling the issue of student retention in further education, has secured over £600,000 of angel investment following its latest round of funding.

The business creates VENs (virtual engagement networks), which connect students with educators to deliver crucial course and student information via a channel they will regularly use.

Co-founded by Harry Jawanda and Andrew West – who met when playing hockey for England, the private social networks created by WAMBiz provide a safe means for students to connect, communicate and collaborate with peers, teachers and institutions in an engaging, yet controlled way.

The investment was made by Allan Murdoch, the former Executive Chairman of HIPCOM, a leading telecoms provider, who has created a consortium of investors to back new tech start-ups.

The group has already invested in such companies as Forge Special Projects which delivers technology to festivals and events, Stylect a shoe app and Shareight which creates a virtual high street on your mobile.

Harry Jawanda CEO and co-founder of WAMBIZ said:

“Institutions are losing millions in funding each year through students dropping out within the first three months of the school year. Much of this is down to a lack of initial engagement between the student and teachers and institutions. WAMedu offers a solution and bridges that gap. We help build engagement between these audiences through our understanding of how social networks have changed the way we all communicate. “

Read full article on the Innovation Birmingham Campus news page, here>