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The Business Magazine July 2024
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Funding success for two Warwick ICURe graduates

The Business Magazine article image for: Funding success for two Warwick ICURe graduates

Two teams from the University of Warwick's Innovation to Commercialisation of University Research (ICURe) have been awarded grants by Innovate UK to start their new companies.

ICURe trains, funds and supports teams led by university early-career researchers (ECRs) to determine whether there is a market for products or services that utilise their research, science or technology.

Up to £35,000 of funding is available to ‘get out of the lab’ and validate these commercially promising ideas in the marketplace.

Halycon 3D Ltd has been established to commercialise the technology developed by Dr Atualla Shegiwal and Professor David Haddleton from the department of Chemistry. They have developed a novel additive for 3D printing resins which reduces shrinkage and deformation in 3D printed parts.

Following their participation in the ICURe programme, delivered by Warwick Innovations, they identified several markets where the technology offers huge advantages, and have already lined up contract manufacturers and prospective collaborators. They are now looking for investment to support the £300,000 awarded by Innovate UK to develop the product for different markets.

Meanwhile, Dr John Humphreys and Professor Shanwen Tao from the department of Engineering have developed a composite alkaline membrane which can be used as the electrolyte for electrolysers for green hydrogen production. This will offer significant cost savings compared to acidic membrane systems which use platinum metals, and alkaline membranes which suffer low performance and are limited to low temperature uses.

In order to commercialise the technology, they will set up a spin-out company and seek investment to support the £246,000 awarded by Innovate UK to develop prototypes and begin developing partnerships with companies in the electrolyser industry.


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Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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