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About the Fellowship
The Fellows are fully supported by the Scheme – and by their host University – to progress the development of their science into a commercial enterprise. A key part of the programme is the tailored training programme covering essential business and personal development skills.
Expert advice and good funding
Support funds are managed jointly by the scheme managers and by the Fellow, and are drawn down as agreed milestones are met.
Each Fellow works with the scheme managers, to create parallel 'roadmaps' for the science and the enterprise. Added to this is a personal development programme to provide underpinning skills and knowledge.
Science and business in parallel
The research and development of the science is monitored and fostered through academic mentoring: usually this would be an extension of the departmental system.
Help on tap, and online
Tools available to the Fellows include a dedicated extranet, complete with online resources and reporting facilities, business skills and science information, as well as financial and management help. Diaries of biotech events, support facilities, contacts and checklists are all available online, for the exclusive use of the Fellows. In order to maximize the impact of available resources within the region, careful signposting directs the Fellows to the most relevant resources.
Market focused, for market knowledge
As the Fellow's science and business develops, so too will engagement with the marketplace and the investment community. Exposure to healthcare, medical devices, life science and pharma organisations are arranged during the programme, to help define market opportunities, routes to market, and supply chains. Similarly, Fellows are encouraged to meet and present to private and institutional investors – local angel groups and VCs.
