Earlier this year, Pym’s Consultancy had the great privilege of working with the universities of Manchester, Sheffield and Leeds in support of their application for Round 1 funding from the Higher Innovation Funding: Connecting Capabilities Fund. We are very pleased to announce that this application was successful and the collaboration of these three prestigious northern universities has been awarded £5 million to develop the “Northern Triangle Initiative” (NTI).

The NTI will support the growth of a significantly enhanced, shared intellectual property pipeline, set up a unique regionally-focussed finance vehicle, seek to raise £350 million in private finance to support university commercialisation, and strengthen the entrepreneurial eco-system of the North of England.

Reflecting the government’s Industrial Strategy outlined in the January 2017 Green Paper, NTI represents a great opportunity to attract investment, innovation and new businesses to the North of England, and enhancing the UK economy as a whole.

We are very proud to have played a small part in this project and wish all partners, and participants, current and future, every success with this and the new ventures it will generate.

To find out more about Pym’s Consultancy, please click here.

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