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 Information integration and artificial intelligence for better diagnosis and therapy decisions
24.05.2017 | Fraunhofer MEVIS - Institut für Bildgestützte Medizin

nachricht World's thinnest hologram paves path to new 3-D world
18.05.2017 | RMIT University

All articles from Information Technology >>>

The most recent press releases about innovation >>>

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

Im Focus: Can the immune system be boosted against Staphylococcus aureus by delivery of messenger RNA?

Staphylococcus aureus is a feared pathogen (MRSA, multi-resistant S. aureus) due to frequent resistances against many antibiotics, especially in hospital infections. Researchers at the Paul-Ehrlich-Institut have identified immunological processes that prevent a successful immune response directed against the pathogenic agent. The delivery of bacterial proteins with RNA adjuvant or messenger RNA (mRNA) into immune cells allows the re-direction of the immune response towards an active defense against S. aureus. This could be of significant importance for the development of an effective vaccine. PLOS Pathogens has published these research results online on 25 May 2017.

Staphylococcus aureus (S. aureus) is a bacterium that colonizes by far more than half of the skin and the mucosa of adults, usually without causing infections....

Im Focus: A quantum walk of photons

Physicists from the University of Würzburg are capable of generating identical looking single light particles at the push of a button. Two new studies now demonstrate the potential this method holds.

The quantum computer has fuelled the imagination of scientists for decades: It is based on fundamentally different phenomena than a conventional computer....

Im Focus: Turmoil in sluggish electrons’ existence

An international team of physicists has monitored the scattering behaviour of electrons in a non-conducting material in real-time. Their insights could be beneficial for radiotherapy.

We can refer to electrons in non-conducting materials as ‘sluggish’. Typically, they remain fixed in a location, deep inside an atomic composite. It is hence...

Im Focus: Wafer-thin Magnetic Materials Developed for Future Quantum Technologies

Two-dimensional magnetic structures are regarded as a promising material for new types of data storage, since the magnetic properties of individual molecular building blocks can be investigated and modified. For the first time, researchers have now produced a wafer-thin ferrimagnet, in which molecules with different magnetic centers arrange themselves on a gold surface to form a checkerboard pattern. Scientists at the Swiss Nanoscience Institute at the University of Basel and the Paul Scherrer Institute published their findings in the journal Nature Communications.

Ferrimagnets are composed of two centers which are magnetized at different strengths and point in opposing directions. Two-dimensional, quasi-flat ferrimagnets...

Im Focus: World's thinnest hologram paves path to new 3-D world

Nano-hologram paves way for integration of 3-D holography into everyday electronics

An Australian-Chinese research team has created the world's thinnest hologram, paving the way towards the integration of 3D holography into everyday...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Marine Conservation: IASS Contributes to UN Ocean Conference in New York on 5-9 June

24.05.2017 | Event News

AWK Aachen Machine Tool Colloquium 2017: Internet of Production for Agile Enterprises

23.05.2017 | Event News

Dortmund MST Conference presents Individualized Healthcare Solutions with micro and nanotechnology

22.05.2017 | Event News

 
Latest News

How herpesviruses win the footrace against the immune system

26.05.2017 | Life Sciences

Water forms 'spine of hydration' around DNA, group finds

26.05.2017 | Life Sciences

First Juno science results supported by University of Leicester's Jupiter 'forecast'

26.05.2017 | Physics and Astronomy

VideoLinks
B2B-VideoLinks
More VideoLinks >>>