The prestigious award was announced at the UK Business Incubation annual conference in Bristol and recognises our dedicated team who provide a supportive environment for business start-ups during the early stages of their development.
To date the pioneering initiative has seen over 100 graduate companies launched on campus with our help since 2001, creating nearly 225 new jobs.
The award was presented to the New Business Account Manager Eileen Wicks by the BBC’s economics correspondent Evan Davis, the presenter of Dragon’s Den who also reports for Radio 4’s influential Today programme.
Real impact on the regional economy Eileen said: ‘The campus-based business incubation centre welcomes a variety of new companies. These range from high-tech motion graphics animators, web developers and computer games designers right through to business support enterprises and lifestyle companies. Our work reflects the University's desire to encourage high levels of business and entrepreneurial activity in the Tees Valley and wider North East of England. The award recognises that we are starting to make a real impact on the regional economy by encouraging and supporting entrepreneurship among students, graduates and local people wanting to set up their own businesses.’
Professor Cliff Hardcastle, Deputy Vice Chancellor for Research and Enterprise, said: ‘This is absolutely superb news and my congratulations go to our business incubation champions. They thoroughly deserve this award.’
Laura Woods, Director of Academic Enterprise, said: ‘It’s fantastic and a well earned recognition for the whole team. There’s no stopping us now!’
Neil Hannah, New Business Manager, explained the UKBI awards recognise those organisations who strive to support world-class businesses and entrepreneurs who are making an impact on local, regional and national economies, particularly those who are creating sustainable environments for the future.
Two of the University’s graduate start-up businesses were also finalists at the awards for the Incubated Business of the Year prize. There were only four firms shortlisted for the finals. They were:
During their business incubation, both companies received extensive support and mentoring from Dave Sharp, Head of Special Projects with DigitalCity Business, and both are now playing a key role in helping Teesside to become a major hub for the digital and other creative industries.