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Budding entrepreneurs get support through the Norwich Research Park Entrepreneur Network

05 December 2023

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With such important scientific research being carried out on Norwich Research Park, its critical that new enterprises can be created and nurtured to turn the successes of the research into useful products or services that can benefit society and people’s lives.

As part of the parkwide enterprise strategy, Anglia Innovation Partnership (AIP) has formed an Entrepreneur Network to support new entrepreneurs on the campus. The purpose of the network is to provide support to those with early-stage businesses or even just business ideas, by linking them with others in a similar situation and with experienced entrepreneurs that can provide advice and share their start-up stories.

The network met three times in the second half of 2023, with the latest meeting taking place in late November. Each session includes a guest speaker, the first three sessions have had speakers from Colorifix, Tropic and Ikarovec, who have presented to the group, discussing their journey and what they’ve learned.

Each session has been a great opportunity for in depth discussions about all things ‘enterprise’ and the AIP team is delighted that the network continues to grow and develop as more entrepreneurs come forward with exciting and innovative ideas.

More meetings for the network are planned throughout 2024 with new guest speakers, and members of the network will also be encouraged to present at future Enterprise showcase events. The park has become a fantastic place to start and grow a business, with growing opportunities in funding, accommodation and support available for businesses of all sizes.

Andy Osborne, Head of Biology at Ikarovec, said, “The AIP event was an enjoyable opportunity that allowed me to share my experiences about working from the outset of both a university spin-out and a small biotech start-up. I really wanted to inform budding entrepreneurs at the Research Park about the possibilities that can be achieved with a small team. I emphasised key elements such as selecting vital company roles, continuous investment search, and the importance of understanding your market and effectively communicating ideas to diverse audiences.

PfBIO CEO, director and cofounder, Rosaria Campilongo said, “The Enterprise Network event is fantastic! I strongly believe it plays a pivotal role in establishing new connections, strengthening the NRP community, facilitating the exchange of valuable information, showcasing campus startups, and fostering an environment for innovative ideas. Such events are incredibly valuable for PfBIO and other companies within the NRP, promoting collaboration and growth opportunities.”

The increasing number of companies emerging from the University and Research Park is impressive. It’s an exciting time to enhance academics’ skills and provide them with more control over translating their research.”

To find out more about enterprise activity on campus, email nick.goodwin@norwichresearchpark.com.

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