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UNNC launches Incubator Centre

Nottingham-Ningbo Incubator Centre

President Yang and Provost Rudd unveiling the plaque

The University of Nottingham Ningbo China (UNNC) has officially launched the Nottingham-Ningbo Incubator Centre, a ground-breaking multi-use venue for student and staff entrepreneurs seeking to transform ideas into viable products and scalable companies.

UNNC will offer introductory incubator space on the 3rd floor of the soon-to-be completed International Academy of Marine Economy and Technology building, right at the heart of the Ningbo campus. The space will include a minimum of 110 workstations and be open 24 hours a day, seven days a week.

The Centre will also offer pre-Incubator programmes, including accelerator and business-linked events to help potential entrepreneurs evaluate and develop their ideas.

Flexibility will be key to the launch of the Incubator Centre. The space is intended to be a co-working community-centric collaboration, allowing entrepreneurial staff and students to launch and scale their enterprises up or down. The design will be open-spaced with few doors and private meeting rooms, allowing for a true sense of community.

Even more ambitiously, the Centre aims to attract and facilitate links with other local startups, investors, universities and government representatives.

The 500 m2 venue will also be available to Enterprise societies to host events, and will employ a full-time “Incubator Manager” and Enterprise fellows to offer advice and support.

Speaking at the official launch, Dean of Nottingham University Business School China, Chris O’Brien, expressed his excitement at the partnership potential offered by the new Centre. “The Centre will provide an exciting meeting place for the exchange of ideas,” he said.

“It will open up its facilities to the community and work in close collaboration and partnership with the city and provincial administrations in making Ningbo one of the most successful entrepreneurship and innovation hubs in China.”

UNNC Provost Chris Rudd believes that the Nottingham-Ningbo Incubator Centre will forge new links and opportunities for students, staff and the wider community. “UNNC is in a unique position to exploit the creative potential within its international community,” said Chris. “The diverse, stimulating environment attracts incredibly talented individuals in both our staff and student body.”

“Launching the UNNC Incubator will provide a focal point for our community to share ideas and support new business start-ups. It will also provide a clear entry point for external partner organisations seeking business or technology collaborations,’ he said.

 

Posted on 2 July 2016