Southampton logs onto $1.3m fund

Nov 17, 2017 •

The university has partnered regional business advocate Solent LEP to launch an accelerator fund aimed at generating 16 internet-focused spinouts by March 2019.

University of Southampton is aiming for 16 internet-focused spinouts by March 2019 under a £1m ($1.3m) Z21 Innovation Fund accelerator partnership with business network Solent Local Enterprise Partnership (LEP) launched on Wednesday.

Z21 Innovation Fund aims to spur rapid technology-sector investment in the Solent region, an area of southern England containing Portsmouth and Southampton. The stakeholders hope the fund will create 40 new jobs in Solent by March 2021.

Solent LEP has equipped the initiative with £500,000 to be matched…

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