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CBIT Venture Builder empowering ‘disruptive’ East Midlands startups

Innovative and ambitious startups in the East Midlands are being offered the expertise of dedicated and disruptor entrepreneurs to help drive transformation and make the startup more resilient - as well as access to multiple perks including more than £70,000 worth of hardware and software credits - as part of the CBIT Venture Builder programme at Nottingham Business School (NBS), part of Nottingham Trent University.

    Hand holding a glowing globe with business and computing icons around it
    The programme is aimed at startups looking to transform and become more resilient

    The fully funded Venture Builder is a core part of the Centre for Business and Industry Transformation (CBIT) at NBS. It focuses on nurturing entrepreneurs who are looking to challenge and disrupt industry norms and revolutionise their business operations to propel them from the early stages to scalable and sustainable growth.

    CBIT Venture Builder's sparring partner approach delivers a customised journey tailored to each startup, featuring four key offerings: in-depth business model clinics and innovation; business process and product road mapping; strategic growth hacking; and investment readiness. This personalised journey ensures that a business's growth is strategically guided and robustly supported at every stage.

    Start-ups gain access to an array of perks, including advanced hardware and software technologies such as drones, AI development-ready stations, 3D printers for prototyping, and credits for essential services like Notion, Miro, AWS, Stripe, and other essential tools.

    Professor Xiao Ma, director of CBIT and an internationally recognised thought leader and educator in entrepreneurship, business transformation, and digital economy, said: “Our role at CBIT has been pivotal in assisting numerous startups in pivoting and understanding their unique value propositions, aiding them in transforming business norms. We are committed to nurturing more businesses, helping them to innovate and challenge conventional industry standards, with the aim of establishing them as leaders in their respective fields.”

    Model of CBIT Venture Builder perks
    The CBIT Venture Builder offers a number of perks

    Businesses supported by the Venture Builder so far include IoT workforce and security management business, Jakin ID, and its parent company, Actatek, which has just won a major contract for the supply of state-of-the-art access control and workforce management hardware and software solutions, and UK grooming brand BarberBoss, which is currently working with the programme on a £230,000 Knowledge Transfer Partnership to improve supply chain efficiency and reliability through the use of artificial intelligence.

    Recent additions to the portfolio are Freeaim VR, whose groundbreaking virtual reality shoes offer a highly immersive experience in virtual reality environments, and Healthy Air, a Nottingham-based venture pioneering in the field of air purification technology. Its advanced air purifier product is designed to significantly improve air quality in both workspaces and homes, effectively addressing the critical challenge of air pollution and ensuring a healthier environment.

    The Venture Builder has also assisted DOCK-Y, a technology innovation company with a mission to make micro-mobility safer, smarter and more secure. Experts from the programme helped DOCK-Y through the process of developing and launching its Advanced Rider Assist System (ARAS) that leverages artificial intelligence, computer vision, and machine learning to revolutionise the safety of e-scooters and e-bikes, among other micro-mobility device.

    Manish Pillay, founder and chief executive of DOCK-Y, said: "DOCK-Y's journey in the CBIT Venture Builder program has been significantly beneficial. This opportunity has allowed us to have access to valuable expertise, aiding in the refinement of our business model and processes, and enhancing our growth tactics. CBIT has been more than just a collaborator; they've been valuable partner, propelling us forward in Dock-Y's journey towards having a strong feet in the micro-mobility sector.”

    As part of Nottingham Business School, CBIT excels in accelerating disruptive technologies and conducting impactful applied research for the benefit of society. It also offers an MSc in Business Transformation - crafted by entrepreneurs who previously designed the UK’s top-ranked entrepreneurship course, the MSc offers a dynamic, immersive experience that takes learning beyond textbooks. Its foundation lies in real-world, activity-based learning and knowledge transfer that moulds participants into a practitioner capable of transforming businesses.

    The CBIT Venture Builder is fully funded but businesses must meet selection criteria as places per year are limited. For further information about CBIT and the Venture Builder, visit the website or email cbit.vb@ntu.ac.uk

    • Notes for editors

      Press enquiries please contact Helen Breese, Public Relations Manager, on telephone +44 (0)115 848 8751, or via email.

      About Nottingham Business School at Nottingham Trent University

      Nottingham Business School (NBS) at Nottingham Trent University (NTU) is a leader in experiential learning and personalisation of business, management and economics education and research, combining academic excellence with positive impact on people, business and society.  NBS has an unrivalled level of engagement with business, public and voluntary organisations. With more than 8,500 students, NBS is also one of UK’s largest business schools.

      NBS is Quadruple+ Accredited by EQUIS, AACSB, EFMD BA for International Business, which are globally recognised hallmarks of excellence and quality for business education. NBS is also accredited by Small Business Charter, providing support and development for SMEs. The school is also a PRME Champion and held up as an exemplar and beacon by the United Nations Principles of Responsible Management Education (PRME).

      About Nottingham Trent University

      Nottingham Trent University (NTU) received the Queen’s Anniversary Prize for Higher and Further Education in 2021 for cultural heritage science research. It is the second time that NTU has been bestowed the honour of receiving a Queen’s Anniversary Prize for its research, the first being in 2015 for leading-edge research on the safety and security of global citizens.

      The Research Excellence Framework (2021) classed 83% of NTU’s research activity as either world-leading or internationally excellent. 86% of NTU’s research impact was assessed to be either world-leading or internationally excellent.

      NTU was awarded The Times and The Sunday Times Modern University of the Year 2023 and ranked University of the Year in the Whatuni Student Choice Awards 2023. It was awarded Outstanding Support for Students 2020 (Times Higher Education Awards), University of the Year 2019 (Guardian University Awards, UK Social Mobility Awards), Modern University of the Year 2018 (Times and Sunday Times Good University Guide) and University of the Year 2017 (Times Higher Education Awards).

      NTU is the 5th largest UK institution by student numbers, with approximately 40,000 students and more than 4,400 staff located across five campuses. It has an international student population of 7,000 and an NTU community representing over 160 countries.

      Since 2000, NTU has invested £570 million in tools, technology, buildings and facilities.

      NTU is in the UK’s top 10 for number of applications and ranked first for accepted offers (2021 UCAS UG acceptance data). It is also among the UK’s top five recruiters of students from disadvantaged backgrounds and was the first UK university to sign the Social Mobility Pledge.

      NTU is ranked the second most sustainable university in the world in the 2022 UI Green Metric University World Rankings (out of more than 900 participating universities).

    Published on 18 December 2023
    • Category: Press office; Nottingham Business School