The world’s largest not-for-profit global mentorship and education network The Indus Entrepreneurs (TiE) has joined forces with UMIP, the University of Manchester’s agent for intellectual property commercialisation.
The pairing will see up to 35 student, spin-out or social enterprises from the University given the opportunity to access the TiE mentorship programme in both local sessions and by remotely connecting to TiE’s global network of business experts.
Regional sessions will be held at Founders Dock hub or in Quay House, Spinningfields – a new incubator that offers start-ups a range of support, including office space, technology and coaching from industry experts.
Organisations from UMIP will be invited to attend an on-going calendar of TiE events, seminars and workshops and will enjoy connections with the entire network, offering the opportunity for collaborations, the validation of business models and funding links.
Participating enterprises will also gain access to Founders Dock and will be able to utilise hot-desking, state-of-the-art technology and amenities like printers and web conferencing.
The collaboration will also entail:
• TiE mentors and speakers attending and presenting at UMIP events
• Related workshops at UMI3 (the University of Manchester Innovation Company)
• Student groups working alongside TiE mentors
• Collaborations of press, communications and media from the two organisations.
The relationship between the two organisations was driven by University of Manchester alumnus Vikas Shah, managing director of the Swiscot Group and Vice-President and Board Member for TiE’s branch in the north of the UK. He said: “Being a University of Manchester alumnus I was keen to develop links between the University and TiE. We are in an innovation economy, where the future global business success stories will be those driven by technology, intellectual property and science. UMIP and The University of Manchester are globally respected in this regard, and we are proud to be partnered with them.”
Tony Walker, Director of Enterprise and Business Development at UMIP, also welcomed the partnership, stating: “This partnership enables us to provide both our student and academic entrepreneurs with access to successful business mentors on a global scale. Access to such a successful TiE resource will be invaluable in helping them gain a greater understanding of their particular market characteristics and developing additional resource capability. “