Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

University of Kent spin-out company reaches the finals of Running the Gauntlet 2007

05.11.2007
UltraSoC Technologies Ltd, a spin-out company from the University of Kent, has reached the finals of Running the Gauntlet 2007.

Organised by the East of England Development Agency (EEDA), Running the Gauntlet is an investment competition and education programme for entrepreneurs and SMEs. Since its inception in 2005, Running the Gauntlet has assisted more than 1,000 companies in the region, many in the technology sector. Over 300 companies entered the 2007 competition with 50 being short-listed and ten going through to the final.

As one of the ten finalists, which were announced by Stephen Timms MP, Minister of State for Competitiveness, UltraSoC Technologies Ltd will now be subjected to further scrutiny by Running the Gauntlet investors, with a potential £2 million investment available.

Dr Gary Robinson, Technology Transfer Manager at the University of Kent said: ‘We are very pleased that one of our early spin-out companies has made such progress in this highly competitive investment programme and as a stakeholder the University looks forward to supporting the company’s progress.’

Dr Karl Heeks, Chief Executive Officer of UltraSoC Technologies Ltd added: ‘We are delighted to reach the final of Running the Gauntlet 2007. We are also gratified that our technology, business plan and recent progress have attracted the attention and interest of such serious investors.’

Doug Richards, Chairman of the Running the Gauntlet investor panel said: ‘Our ten finalists have shown that by grasping the opportunities offered by this programme they have been able to develop in a way that attracts investors’ attention. However they need to show a continued hunger for success if they are to secure the funding on offer.’

UltraSoC Technologies Ltd, described by Stephen Timms as having the ‘vision and determination to succeed’, is an international technology and consultancy services provider specialising in the development of cutting edge technology for system verification and ‘de-bugging’ of next-generation embedded and computer systems. Founded as a spin-out company from Kent’s Department of Electronics in 2005, it is currently seeking investment for the next stage of its programme.

The outcome of Running the Gauntlet 2007 will be announced at Destination Growth, EEDA’s flagship business event, on 6 November.

Karen Baxter | alfa
Further information:
http://www.kent.ac.uk/news/

More articles from Information Technology:

nachricht Drones can almost see in the dark
20.09.2017 | Universität Zürich

nachricht World first: 'Storing lightning inside thunder'
18.09.2017 | University of Sydney

All articles from Information Technology >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Tiny lasers from a gallery of whispers

New technique promises tunable laser devices

Whispering gallery mode (WGM) resonators are used to make tiny micro-lasers, sensors, switches, routers and other devices. These tiny structures rely on a...

Im Focus: Ultrafast snapshots of relaxing electrons in solids

Using ultrafast flashes of laser and x-ray radiation, scientists at the Max Planck Institute of Quantum Optics (Garching, Germany) took snapshots of the briefest electron motion inside a solid material to date. The electron motion lasted only 750 billionths of the billionth of a second before it fainted, setting a new record of human capability to capture ultrafast processes inside solids!

When x-rays shine onto solid materials or large molecules, an electron is pushed away from its original place near the nucleus of the atom, leaving a hole...

Im Focus: Quantum Sensors Decipher Magnetic Ordering in a New Semiconducting Material

For the first time, physicists have successfully imaged spiral magnetic ordering in a multiferroic material. These materials are considered highly promising candidates for future data storage media. The researchers were able to prove their findings using unique quantum sensors that were developed at Basel University and that can analyze electromagnetic fields on the nanometer scale. The results – obtained by scientists from the University of Basel’s Department of Physics, the Swiss Nanoscience Institute, the University of Montpellier and several laboratories from University Paris-Saclay – were recently published in the journal Nature.

Multiferroics are materials that simultaneously react to electric and magnetic fields. These two properties are rarely found together, and their combined...

Im Focus: Fast, convenient & standardized: New lab innovation for automated tissue engineering & drug

MBM ScienceBridge GmbH successfully negotiated a license agreement between University Medical Center Göttingen (UMG) and the biotech company Tissue Systems Holding GmbH about commercial use of a multi-well tissue plate for automated and reliable tissue engineering & drug testing.

MBM ScienceBridge GmbH successfully negotiated a license agreement between University Medical Center Göttingen (UMG) and the biotech company Tissue Systems...

Im Focus: Silencing bacteria

HZI researchers pave the way for new agents that render hospital pathogens mute

Pathogenic bacteria are becoming resistant to common antibiotics to an ever increasing degree. One of the most difficult germs is Pseudomonas aeruginosa, a...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

“Lasers in Composites Symposium” in Aachen – from Science to Application

19.09.2017 | Event News

I-ESA 2018 – Call for Papers

12.09.2017 | Event News

EMBO at Basel Life, a new conference on current and emerging life science research

06.09.2017 | Event News

 
Latest News

Molecular Force Sensors

20.09.2017 | Life Sciences

Producing electricity during flight

20.09.2017 | Power and Electrical Engineering

Tiny lasers from a gallery of whispers

20.09.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>