The Royal Academy of Engineering offers annual Enterprise Fellowships of up to £85,000 to help researchers develop spinout companies. Janice Kiely, one of the 2013-14 winners, tells Craig Nicholson that the experience was a real eye-opener.
The Royal Academy of Engineering’s Enterprise Fellowships provide up to £85,000 in funding, as well as additional support such as mentoring and commercial advice, for fellows to spend 12 months developing a business based on their research. The academy awarded five fellowships in 2013, eight in 2014 and seven in 2015. The next call for applications will open in May and close in late August or early September.
Janice Kiely is a founder and director of the Institute of Bio-Sensing Technology at the University of the West of England, along with her colleague Richard Luxton. In 2013-14 she won an Enterprise Fellowship to establish a company, Miatech Biosolutions, for the commercialisation of her research on magnetic sensing of biological material.
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