The university has moved its incubator to a new campus and a bigger facility.
Imperial College London (ICL) has expanded its science and technology incubator aimed at spinouts and startups and moved to another campus.
Previously based in London’s South Kensington, the incubator produced more than 60 companies and attracted more than £1bn ($1.3bn) of investment.
The new centre is at ICL’s White City campus in west London and will offer laboratories, office space and conference facilities.
The 18,000 square foot space will form part of the Translation and Innovation Hub, known as I-Hub.
The 13-storey facility will bring together early-stage businesses, entrepreneurs and corporates alongside ICL academics.
I-Hub and ICL’s neighbouring Molecular Sciences Research Hub were supported by a £35m grant from Higher Education Funding Council for England through the UK Research Partnership Investment Fund.
The Duke of York attended the launch, where he met several companies currently based in the incubator, including Ooho, which has created an edible water bottle and Mimica, which is developing smart food labels that go off at the same rate as the food they describe.
David Gann, vice-president of innovation at Imperial College London, said: “This is an exciting time for Imperial. Our first incubator produced more than 60 companies, generated more than half a billion pounds worth of investment, and created countless jobs.
“We are scaling up at White City with a new, vibrant environment to incubate businesses started by our staff and students.
“We have opened our doors to our business partners and to support entrepreneurs in the wider community.”
