SP/ACE For Enterprise

The University of Wolverhampton encourages entrepreneurial activities of its faculties, staff, students and graduates in a manner that is consistent with the mission and goals of the University.  SP/ACE For Enterprise at The University of Wolverhampton Science Park provides space and services that nurture start-up companies.

There are three approaches to support available at SP/ACE For Enterprise at The University of Wolverhampton Science Park.  These are virtual incubation, accelerator and associate users.

VIRTUAL INCUBATION

This service includes use of SP/ACE as a registered office address, the use of community meeting space and the Business Bar, access to the Business Centre and the ability to book a hot-desk.  Beneficiaries may access the facilities for a period of a maximum of 12 months.  Business hours are 8am to 6pm Monday to Friday.

ACCELERATOR

Short-term continuous incubation provides all of the above plus use of an exclusive desk for a period of up to a maximum of 12 months.  Tenants will also be able to book the SP/ACE Training Room.  Beneficiaries have 24 hours per day access and receive subsidised tenant’s rates when booking meetings rooms at the Science Park.

ASSOCIATE PARTNER

Partners, colleagues, consultants and graduates of the virtual or accelerator offering who are welcome to continue to use our community meeting space and Business Bar for an unlimited period of time.  Access is available between 8am and 6pm Monday to Friday.

Application Process

Upon receipt of a completed application form, a panel made up of members of the Enterprise Department will give due consideration to the submission and inform the applicant of the outcome. The final decision will reside entirely with the Enterprise Department.

The virtual incubation agreement should be viewed as a temporary arrangement and is subject to being terminated with a minimum notice of 30 days.  A maximum incubation time allotment shall be 1 year initially from the date of the approval by the Enterprise Department, subject to renewal by mutual agreement of the University and the user to a maximum of 2 years in total.

Contact and enquiries: enterprise@wlv.ac.uk