Brunel Announces £8,000 Worth of Free Business Support for Emerging Businesses in the UK
Brunel University London is offering 20 free places on its innovation business support programme RIEm starting in January 2024. Business owners can register to attend three workshops on product research, design innovation and funding application, followed by six months of mentoring by business and academic experts.
Participation in the 30-hour support provided by RIEm – Research, Innovate and Emerge – is valued at £8,000 and is fully funded by the university. It is open to businesses registered in the UK with a minimum of two full-time staff and expenditure approaching or over £100k in the last financial year.
The Brunel team has worked on numerous innovations, including solutions for healthcare, electronics, engineering, AI and robotics challenges.
The RIEm 2023 programme’s final workshop
Mirjana Prokic, founder of hangAIR, a device to prevent and relieve physical and mental burnout and increase productivity, benefitted from the university’s expertise in industrial design and AI.
Not only did the RIEm team introduce Mirjana to a specialist manufacturer in the Midlands, but they also taught her funding bid-writing skills.
Under the watchful eye of the university’s proficient in-house innovation experts, she was given homework to script a pitch for funding that could be adapted for different scenarios. Her application for an Innovate UK Fast Track grant was successful, providing £50,000 for the new venture for more research and development.
“It’s not enough to be in business. You need to create a network of supporters, and I include here the academics from Brunel,” said Mirjana. “They open a whole new way of thinking about innovation, design and technology which the rest of us could easily miss. They have the latest theories and research data from scientific trials, that we take and test with our user panels.”
Due to the success of the programme, West London Business (a regional body) has shortlisted RIEm for its 2024 award in the ‘Incubator/Coworking Space’ category.
Prof Geoff Rodgers, Brunel’s Pro Vice-Chancellor for Enterprise and Employment, said: “The RIEm programme is helping businesses to secure funding for innovation and to collaborate with our research experts. Brunel University views RIEm as a key component of its SME and innovation engagement strategy.”
In total, the RIEm programme has helped participants raise around £1 million in grant funding since 2021.