Innovations Into Success Summer 2016 | Page 206

Location 1 Sussex Innovation Centre Science Park Square University of Sussex Falmer BN1 9SB Tel : 01273 704 400

Location 2 Sussex Innovation - Croydon One Croydon 12-16 Addiscombe Rd Croydon CR0 0XT Tel : 0203 828 1300

Location 3 Sussex Innovation – Brighton ( Opening 2017 )

Centre main entrance

About Sussex Innovation Sussex Innovation is a business incubation network for entrepreneurs , start-ups , growing companies and corporate and academic innovators , offering flexible , professional office space and a comprehensive range of in-house support services designed to assist during the vital early years of operation . 85 % of ideas supported by Sussex Innovation develop into profitable , sustainable businesses .

Sussex Innovation is run on a commercial basis with all profits reinvested into encouraging entrepreneurship . The first centre at the University of Sussex opened in 1996 , followed by Croydon in 2015 and a purpose-built site in Brighton ’ s thriving New England Quarter is due to open in the Spring of 2017 .

For twenty years , support at Sussex Innovation has been designed to help businesses grow quickly and sustainably . Flexible resources and practical advice are tailored to match the needs of all sizes of business .

Sussex Innovation currently hosts and supports more than 200 highgrowth potential companies , spanning a range of sectors from the forefront of engineering and biomedical research to new media , design and IT application development .

Unlike other incubators or serviced office space , long-term relationships are encouraged , and counsel grows to match the growth and success of members . While many incubators will help to turn start-ups into sustainable businesses , Sussex Innovation aims to help the best of those businesses to scale and achieve high growth .

Services

Sussex Innovation helps businesses to realise their ambitions for rapid growth by supporting them through the growing pains that all businesses experience . With on-site support offered in all areas of business strategy , infrastructure and recruitment , support services are designed to help businesses maintain the momentum they had as a start-up .

Networks Over 20 years of operation a trusted network of advisors , investors , academic , public and private partners has been established across the

Centre reception area

South East . Sussex Innovation facilitates new relationships with these networks for the benefit of all its members .

The organisation ’ s position as a wholly-owned subsidiary of the University of Sussex , a world leading research institution , offers unparalleled access to a wide-ranging academic community .

Sussex Innovation maintains partnerships with a worldwide innovation network , including international innovation organisations , corporate clients and government support agencies , as well as successful entrepreneurs with vast experience to share .

Strategic Support

A dedicated in-house support team holds an extensive breadth of experience across a range of different industries . They can provide advice on strategies that cover the full range of businesses ’ requirements , including finance and operations , sales and marketing , HR and infrastructure .

Intensive , accelerated growth support is also available , offering hands-on involvement and close team integration to help businesses flourish . Support fees are agreed in advance and based on quantifiable measures of success .

Strategic support offerings are built around :

• Raising ambition

• Developing business models

• Building management teams

• Customer / Market insight

• Investor relations

Practical Support Business support adapts to suit the needs and budget of the entrepreneur , offering an informal sounding board , strategic interventions and everything in between .

A willing in-house support team will get involved in everything from writing content to making sales calls , and a Catalyst team of mentored students and graduates provides a flexible and costeffective resource on a project-by-project basis . The accounts and

204 UKSPA Directory 2016 / 17 Full Member • England