The Royal Academy of Engineering has opened the Taylor Centre, a new space that will underpin the growth of the entrepreneurial community of the Academy’s Enterprise Hub. Its purpose is to help transform the UK’s best engineering technology entrepreneurs into future business leaders by providing a brand new flexible meeting and workspace to work, network and develop their skills.
The Centre comprises eight versatile rooms with state-of-the-art AV, providing a professional space for entrepreneurs to develop their ideas, meet investors and potential customers, and take their work to the next stage.
The Taylor Centre is the physical space for the Academy’s Enterprise Hub, which provides funding, mentoring and public relations support to entrepreneurs, turning their engineering innovations into viable businesses. The Enterprise Hub offers unique one-on-one mentoring with Academy Fellows, who have a wealth of engineering and business experience. Since its inception in 2013, the Hub has helped 61 Members get their businesses off the ground and its Members have raised over £30 million in follow-on funding and investment for their technologies.
Ana Avaliani, Head of Enterprise, Royal Academy of Engineering, says: “The UK is one of the best countries in the world at innovative research and technological development. Through the Taylor Centre and our wider community, we are helping to turn such innovation into viable engineering technology businesses, supporting UK entrepreneurship in uncertain times. As a place for networking and sharing ideas with fellow innovators and the UK’s leading engineers, the new space will mark a step-change in the support we are able to offer and in the results our Members will achieve and therefore the country’s capacity for engineering innovation. This is the start of something really special.”
For more information about the Taylor Centre and the Enterprise Hub, please click here