The Royal Academy of Engineering has opened a new Enterprise Hub at Central Tech in Liverpool.<\/p>\n
The new facility is designed to support local engineering and technology innovators and entrepreneurs with equity-free funding, smart and flexible training and mentoring from industry experts.<\/p>\n
Liverpool will be the Academy\u2019s fifth location outside of London, alongside Belfast, Swansea, Glasgow and Newcastle.<\/p>\n
Led by senior enterprise manager Ben McAlinden and based in the heart of the city\u2019s Knowledge Quarter, the Hub in Liverpool will seek to support bold, IP-rich innovations from all areas of engineering and technology.<\/p>\n
It\u2019s aimed at companies from across the wider North West region, striving to solve the world\u2019s most complex environmental, economic and social challenges.<\/p>\n
Sir John Lazar CBE FREng, President of the Royal Academy of Engineering, said: \u201cLack of access to capital means cutting-edge innovations \u2013 and the entrepreneurs who create them \u2013 don\u2019t get the chances they deserve, and as a country, we don\u2019t get the solutions to the issues we face.<\/p>\n
\u201cWe want our new Liverpool Enterprise hub to create a climate where more investors become aware of the enormous potential of this deep bench of talent in the region.<\/p>\n
\u201cThe commercialisation of research can be transformative in terms of breakthroughs and new products. Turning these discoveries into disruptive startups, spinouts and scaleups is the business of what we do with our Enterprise hubs.<\/p>\n
\u201cWe want to help drive innovation and grow the economic future for everyone in the Liverpool City Region.\u201d<\/p>\n
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