Loughborough Innovation Centre
Frequently Asked Questions

WHERE IS THE INNOVATION CENTRE?

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The Innovation Centre is in the heart of the Science and Enterprise Park, on the Loughborough University campus, just two miles from junction 23 of the M1 motorway on the A512 east. The Centre is easily accessible by car and rail, and train services to all major UK cities run daily. East Midlands Airport is also less than 10 miles from the town and flights are available to many UK and European cities.


WHY LOUGHBOROUGH?

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Already widely regarded as a high tech cluster, Loughborough attracts global interest as it is extremely well served in terms of infrastructure and accessibility. The Innovation Centre addresses the demand from companies for premises close to the University. This demand has come from spin-in companies from across the East Midlands and further afield as well as the University's spin-out companies.


WHY LOUGHBOROUGH UNIVERSITY?

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Loughborough University is one of the UK's top 20 universities and internationally recognised as a centre for world class research. Famous for its sports and engineering research, the true breadth of its expertise is much wider. In recognition of its contribution to the UK Higher Education sector, Loughborough University research has been instrumental in the award of six Queen's Anniversary Prizes.

Using this research, the University offers businesses of all sizes a wealth of professional and technical expertise and specialist services to improve competitiveness.

Loughborough University is committed to regional wealth creation and its track record in establishing successful start-up companies demonstrates its "can do" attitude in the field of innovation.


HOW SECURE IS THE SITE?

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University security staff patrol both the exterior of buildings and car parks during normal working hours and patrol internally during periods when the buildings are closed. All staircase access locations are alarmed after 2145hrs and access from this time until 05.45am and at weekends is via the main entrance using a swipe card. Vehicular access is via a manned Security Gatehouse. Additional security measures can be installed in liaison with the University Security Manager.


HOW IS THE CENTRE MANAGED?

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There is a dedicated Centre Manager who is responsible for co-ordinating a comprehensive mentoring and incubation service for all tenants.


WHAT INCUBATION SERVICES ARE ON OFFER?

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The following services are available to support companies right through their development from pre-start up to graduation from the Centre:

  • Mentoring, information provision, and sign-posting to other services.
  • Access to specialist advice including legal, contractual and intellectual property advice.
  • Assistance with applying for start-up and development funds.
  • Business planning support, networking, training, mediation.
  • Receptionist services.
  • Access to University expertise and LATI (Leading Advanced Technology and Innovation, membership from £25/year)

WHAT FACILITIES / SERVICES ARE AVAILABLE ON SITE?

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  • Café / Restaurant
  • Central reception *
  • Broadband internet *
  • Telephone points
  • Meeting rooms *
  • Conference room
  • Plasma screen and data projector
  • Fax and photocopier
  • Catering i.e. kitchenettes *
  • Security / alarm on main building *
  • Rent-a-desk / workshop / lab space
  • Adjacent car parking
  • Adjacent bicycle parking *
  • Heating, cleaning and lighting of communal areas *
  • Repairs and renewals *
  • 24 / 7 access *

* denotes included in monthly rental fee


WHAT TYPE OF COMPANY CAN APPLY?

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We welcome applications from new and early stage companies with the potential for high growth, including:

  • University spin-outs
  • Start up companies researching and developing products
  • Young technology / knowledge based companies of one to five years' standing
  • Service or manufacture to support any of the above
  • Prototype or low volume manufacture companies
  • Scientific products or market testing
  • Companies which have or will benefit from Loughborough University collaboration

HOW LONG ARE COMPANIES EXPECTED TO OCCUPY THE CENTRE?

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Companies will be given full support throughout their residency to help them to mature to a stage where they can be fully independent, at which point they would be expected to graduate. Graduation to independent premises will be based on criteria such as trading success and growth. Companies will be fully supported in their search for follow-on accommodation and relevant second stage funding.


WHAT IS THE NOTICE PERIOD?

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Tenancies are flexible, with one month's notice either side.


WHAT ARE OUR RATES?

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Rates are dependent on the size and type of accommodation you require. Please contact us to get an idea of what the rates might be for your business.