Basingstoke: A hub of innovation

Basingstoke: A hub of innovation

Basingstoke is fast becoming a major tech hub with start-ups from as far away as Italy clamouring to get in on the action and take advantage of its rich talent pool.

SETsquared, the enterprise collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey, is helping turn Basingstoke into a major tech hub.

The programme, which was ranked as the global number one university business incubator in November, opened an innovation hub at Basing View at the end of 2014 after receiving £100,000 of support from Basingstoke and Deane Borough Council.

Since its launch, the innovation hub now works with 13 high-tech and high growth potential start-up companies, working in sectors ranging from cyber security to transcription services, providing them with support and mentoring.

The hub is headed up by entrepreneur-in-residence, Adrian Braine, who joined the team a year ago and whose role it is to help turn Basingstoke into a vibrant tech community.

Braine said: “We’ve had some great achievements in the first year and a half, including incubating 13 companies so far and starting a growing series of networking events for tech-minded people in the area.

“We really want to help build up a buzzing tech scene in the town and along the M3 corridor, and we’re seeing positive signs of that happening with the interest we’ve had in the hub and the results coming from all the activity.”

One recent success in particular is the story of RazorSecure, a cyber security start-up which has created a real-time cyber security monitor designed for small-scale networks.

It is currently working on closing its current investment round and recently had its product trialled in Sweden on the MTR Express, a popular service that runs from Stockholm to Gothenburg.

Simon Bond, innovation director at SETsquared, added: “The Basingstoke innovation hub has gone from strength-to-strength, with some really exciting companies using our services.

“At SETsquared we’re very proud of what we’ve achieved in regions across the South and West, where the high tech scene is very much alive and kicking, and we’re working hard to instil that atmosphere in Basingstoke.

“We’re helping to build the next generation of technology companies with the talent pool in the area, which will lead to generating jobs and delivering economic growth.”

 

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