UMIC’s Biotechnology Incubators achieve Leading-Edge standard in UKBI Inspire Assessment
UMIC has recently undergone an assessment against the UKBI Inspire monitoring, development and accreditation process, and is delighted to report it achieved a Leading Edge standard in recognition of its business incubation activities, reflecting ten years of hard work and significant sustained successes with our tenants.
Martino Picardo, UMIC’s Managing Director, said “We are absolutely delighted to have been accredited at this level. We have been able to maintain a steady balance of deal-flow (University and external spin outs and start-ups), across a broad and diverse selection of company types in the Bio-Health sector. We have had considerable success in graduating companies, identifying anchor tenants and preparing start-ups for tenancy. The nature and quality of our services is constantly seeking to improve, based on our customer feedback. The accreditation reflects the hard work of our staff to deliver world class futures, based on quality service delivery, on behalf of The University of Manchester.
“I am very proud of both the UMIC team and with the nature and calibre of our tenants that we serve. As a UKBI Board member, I feel that the accreditation process developed by the organisation is an important element that will help us as practitioners of business incubation to quantify the benefits of our services, differentiate ourselves from others and identify ways in which we can improve the services we offer. I am also looking forward to helping the UKBI deliver accreditation throughout its membership where there is considerable interest in the process.
Based on the national Business Incubation Development Framework, Inspire covers ‘physical’ and ‘virtual’ activity that provides specialist and targeted business growth support and development to early stage companies. Inspire is a monitoring and evaluation tool focussing wider impacts than purely jobs created/safeguarded ensuring UMIC is creating a sustainable business community for the future.
Being accredited by Inspire allows UMIC to prove the impact of the environment, identify strengths and weakness, and develop detailed action plans and strategic input to ensure that our business support infrastructure provides the right environment for sustainable growth and development.
Peter Harman, UKBI’s Chief Executive said: “UKBI are delighted to recognise the good work that Manchester’s Bioscience Incubator is doing in supporting and growing new biotech businesses. The Inspire accredited status recognises the quality of the business support being offered within the centre and we look forward to continuing our work with UMIC to ensure that the centre remains at the forefront of business support provision in the UK.”
UMIC’s Inspire status reflects UMIC’s commitment to grow innovative businesses. UMIC’s biotechnology incubators truly are an ideal place to start and grow businesses.
To learn more about the accreditation scheme, please click here http://www.ukbi.co.uk/index.asp?SID=317
Notes to Editors:
About UMIC
The University of Manchester Incubator Company Limited (UMIC) manages the facilities and business support associated with The University of Manchester’s incubation activities. With its growing portfolio of incubators, covering both the Bioscience and IT/Hi-Tech sectors, UMIC provides an optimal environment for spin-outs, start-up companies and SMEs to reside and grow.
UMIC is a company wholly owned by The University of Manchester, a research-led institution committed to promoting research of the highest quality. The University has a global reputation for being at the forefront of innovative and enterprising research.
For more information, please contact a member of the UMIC team: 0161 606 7200 or [email protected]
