Businesses in Greater Manchester are set to have easier access to university expertise following new appointments by the Business Growth Hub.
The Business Growth Hub has appointed three university business development managers that will complete a team that gives local businesses access to expertise and facilities at four Greater Manchester universities.
The new group will work closely alongside universities to ensure local businesses can grow and innovate, creating new jobs for graduates as a by-product.
Richard Jeffery, Director at Business Growth Hub, said: “The world class academic knowledge and research facilities on offer at these universities allow us to create an unparalleled ecosystem of research, knowledge, and innovation with potential to make a real difference to businesses across Greater Manchester.”
The new hires represent a big step forward for the hub, as it aims to provide a leading service that fully supports local businesses and helps them reach their targets.
Universities within the Greater Manchester area boast an incredibly high standard of facilities and knowledge, especially within the manufacturing and engineering sectors.
Collaborate and share knowledge
Luke Georghiou, Vice President of Research and Innovation at the University of Manchester, said: “In a globally competitive environment where knowledge and innovation is a key driver of economic growth, the ability of institutions such as major universities to collaborate and share knowledge is vital.”
Businesses will now be able to tap into a wide network of knowledge, helping them to innovate, deliver better results and expand – creating jobs within Manchester.
The Business Growth Hub has already had a significant impact on a variety of start-ups and companies, and has also played a huge role in creating a thriving culture of entrepreneurship.
In 2014, the hub managed to secure £9.2 million in funding from the European Regional Development Fund and Government’s Regional Growth Fund to support 1,400 businesses and create around 200 new start-ups.