Cash boost for Southampton Catalyst Programme
The University of Southampton Science Park's Catalyst Programme has been given a £100,000 cash injection.
The money, provided Hampshire County Council’s Investment in Hampshire Fund, will part-fund two cohorts of the Programme in 2022-23, and will be match funded by the University.
The Catalyst Programme works to intensify and accelerate innovation in green, clean and digital business and industry in the region.
Councillor Keith Mans, the Leader of Hampshire County Council and Executive Member for Policy and Resources, said: “While we are working hard to support Hampshire’s economic recovery following the COVID-19 pandemic, it is important for us always to look to the future. This funding will do more than stimulate rapid innovation, it will also help to attract investment into high growth businesses in Hampshire from other sources, as well as help to strengthen our region’s strategic profile.”
The investment will enable the Programme to run twice in 2022 and provide participants with one-to-one sessions with world class business mentors, a £2.5k funding injection to each participating business and the chance to pitch for investment at the Catalyst Investor Showcase.
