The incubator has created a program dedicated to scale-up companies thanks to a $6.7m commitment from the Connecting Capability Fund.

SetSquared, the incubator partnership between Universities of Bath, Bristol, Exeter, Southampton and Surrey, launched a scale-up program last week with £5m ($6.7m) in government funding.

The money was supplied by UK Research and Innovation council Research England’s Connecting Capability Fund.

The program will aim to support hundreds of technology startups that have the potential to become large companies, with a view of generating 30,000 high-skilled jobs and drive research and development investments.

Don Spalinger, chairman of the SetSquared management board,…