UK: £750,000 boost for turning ideas into business reality

"Winning projects come from areas such as healthcare and computer games design to intellectual property valuation and social enterprise, with one notable winner being the University of the West of England´s (UWE) "Bloodhound@University" project which received £80,000 in funding from the Intellectual Property Office. "Bloodhound@University" is part of the prestigious Bloodhound SSC world land speed record project which will create novel technologies and processes to achieve its goal of 1,000mph. UWE have designed the 'Bloodhound Open Access User Community Model' where intellectual property generated from the innovative design/engineering will, via Higher Education Institutions and open-source methods, be made available to UK manufacturing, mainly to small and medium enterprises. This will help to improve the manufacturing competitiveness of UK industry...."