Innovation and Enterprise Spaces
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INNOVATION AND ENTERPRISE SPACES CONTENTS INNOVATION AND Introduction 3 ENTERPRISE SPACES Imperial Enterprise Lab 4 March 2018 Imperial College Advanced Hackspace (ICAH) 6 The Invention Rooms 8 The Translation & Innovation Hub (I-HUB) 10 White City Incubator 12 Central Working 14 Scale Space 16 Imperial Innovations 18 The Partnership for Growth & Innovation 20 Map of innovation and enterprise ecosystem at Imperial 22 Contacts 23 2 _ Innovation and Enterprise Spaces _ Contents INTRODUCTION Professor David Gann CBE, Vice President (Innovation) It gives me great pleasure to introduce Innovation and Enterprise Spaces at Imperial College London. This brochure provides an overview of Imperial’s dedicated places where we realise our vision of co-location, experimentation and co-creation. IMPERIAL’S INNOVATION AND ENTREPRENEURSHIP Imperial College London has a long history The following pages highlight seven of supporting an innovation ecosystem innovative and entrepreneurial spaces to foster engagement with businesses, at Imperial that are a crucial part of other institutes, researchers and funders. our community and which enrich our Our South Kensington Campus has been a world-class innovation ecosystem: The hub for innovation, entrepreneurship and Enterprise Lab, Imperial College Advanced enterprise for many decades. We provide HackSpace (ICAH), The Invention Rooms, a full suite of services and programmes the Translation & Innovation Hub (I-HUB), to support ideation, incubation, business Imperial White City Incubator, Central growth acceleration and collaboration Working and Scale Space. with industry partners. It is also pleasing that Imperial Innovations We have designed a new innovation continues to support Imperial in campus at White City. Facilities are commercialising research, forming already open for scientists, engineers, spin-outs and managing incubation. medics, businesses and the community to co-locate, prototype ideas and build new This brochure also shows how a new business opportunities. They are being partnership with the London Borough of joined by institutions, major corporations, Hammersmith & Fulham is supporting start-ups, spin-outs and venture funders economic growth, enterprise and creating a vibrant neighbourhood rooted innovation at the White City Campus and in discovery and innovation. across the Borough. I am immensely proud of our achievements at South Kensington and White City. I hope that this brochure gives you a flavour of being part of Imperial’s innovation ecosystem and inspires you to become involved with us. Introduction _ Innovation and Enterprise Spaces _ 3 Supporting Imperial College London’s next generation of innovators and entrepreneurs. …that’s at the heart of everything the Imperial Enterprise Lab does. Through serendipity, pedagogy, and community, Imperial Enterprise Lab aims to “maximise the impact of Imperial’s dynamic enterprising culture in which everyone has the opportunity to develop the knowledge, skills and experience to translate their ideas from science and technology into practice”. IMPERIAL ENTERPRISE LAB Opened in October 2016, it occupies WE Innovate The VCC is now in it’s fifth year, is a brand new space in the basement of The WE Innovate Programme is a personal powered by one of the UK’s leading the Sherfield Building, underneath the and professional entrepreneurship venture builders – Blenheim Chalcot. The College Library. Stepping into the Lab, programme designed to encourage more VCC offers team coaching, workshops, one is confronted with a bright vision female entrepreneurs at the College. The masterclasses and professional of the future, a pristine white space programme is now in its fourth year, and business coaching. Alumni from the 2017 with super-sized, state-of-the-art, comprises a series of workshops with programme have gone on to present touchscreen displays. Whiteboards form high-profile speakers and tailored at NASA, win places on prestigious half the walls, carrying the scribbles and one-to-one support, as well as a accelerator programmes and raise flowcharts and drawings of students competition which awards £30,000 considerable private investment. Nikita developing their ideas, and one wall funding in total to its winners and Thakrar – Innovation & Entrepreneurship is peppered with sticky notes left by runner-ups. One programme’s alumna, Manager says ‘It’s such an honour to see students looking for team members. Christina Petersen, has closed a £50,000 how much these amazing teams grow The Lab provides a hangout space for Kickstarter campaign for her start-up, LYS and develop over the course of the six students who need somewhere to work Technologies. Pae Natwilai, who was week programme. on their projects; on a typical afternoon, among the first cohort, has enjoyed huge it is filled with students in groups or on competition success, being named in the Alongside these two flagship their own, typing away on their laptops or Forbes 30 Under 30 and winning £50,000 programmes the Imperial Enterprise discussing their ideas. The Lab designs from Innovate UK for her start-up GetTrik. Lab supports many other initiatives serendipity in this way: if you come down Olivia Standish, Innovation & which are crucial to inspire and develop to the work in the Lab, you might just Entrepreneurship Manager notes ‘The our students’ entrepreneurial spirit. meet someone else with the skills to help Programme has supported over 100 Liz Choonara, Manager - Community you with your project. female entrepreneurs since its inception & Programmes, oversees the different and continues to go from strength to offerings, and has recently been working The Lab also contains a unique strength. I am constantly astounded by on the Cross-CDT Dragon’s Den. This innovation: The Performance Simulator. the quality of the entrepreneurs that come programme brings together four Centres The simulator is run in collaboration through the WE Innovate Programme.’ for Doctoral Training (CDTs): High with the Royal College of Music, who Performance Embedded and Distributed helped develop the early prototypes. The Venture Catalyst Challenge Systems, Neurotechnology, Mathematics simulator gives students the experience Through the annual Venture Catalyst of Planet Earth, and Sustainable Civil of pitching to a panel of judges, Challenge (VCC), student teams test Engineering. It is an opportunity for increasing their confidence and helping the commercial viability of their students to work together over a period them with their pitching skills. early-stage science and technology of five months and exchange ideas ideas, with the potential to win from a and knowledge from different areas of prize fund of £40,000. research, and to potentially win £5,000. 4 _ Innovation and Enterprise Spaces _ Imperial Enterprise Lab Our programmes are designed to inspire BEN MUMBY-CROFT Director students and others from all disciplines Entrepreneurship to develop their entrepreneurial mind-set IMPERIAL ENTERPRISE LAB and apply it in the real world. Imperial Venture Mentoring Service invited to monthly Innovation Pitch The Performance Simulator In addition to our entrepreneurial events to hear student pitches and programmes the Imperial Enterprise Lab network with students from the Dyson in Imperial’s Enterprise Lab launched in 2017 the IVMS. School of Design Engineering and the is a unique experiential Imperial College Business School, and The Imperial Venture Mentoring Service we regularly bring external guests into learning facility that (IVMS) is Imperial’s first mentoring the Lab to speak to students about their allows students to develop programme, supporting the next entrepreneurial journeys: we recently generation of innovators and hosted Charles Rolls, Imperial alumnus impactful pitching and entrepreneurs with an elite group of and co-founder of Fever-Tree. presentations skills. industry mentors. The objective is to provide Imperial’s growing population The Lab provides business coaching to Working with this facility of entrepreneurial students and staff Imperial College student entrepreneurs gives me the opportunity with unbiased advice and expertise to help guide them through the early through a structured mentorship landscape of starting a company. The to help students putting programme which helps these ventures Enterprise Lab’s team of business theory into practice. realise their true potential. The IVMS is coaches comes from a diverse modelled on the successful MIT version background from cleantech to retail DR TERRY CLARK of the programme which has been and can help support a student venture Research Fellow in Performance Science, running for 20 years and includes unique through business model development Royal College of Music elements such as team mentoring. to investor readiness. In addition to designing and delivering Enterprise Week new programmes, the Lab is constantly In order to celebrate our innovators expanding in other ways. We are building and entrepreneurs, and showcase a global enterprise network, starting in the outcomes of enterprising student Singapore and the US and continuing to initiatives across the College, the TO FIND OUT MORE: other parts of the world, and through this Lab has worked closely with other [email protected] network, we can connect enterprising professional services at Imperial to +44 (0)20 7594 1964 students who have great ideas with put together a week of events. www.imperialenterpriselab.com alumni who have the experience of Enterprise Week features the WE seeing