Friday, 06 October 2023
The 糖心原创’s Inclusive Financial Technology Hub (INFINITY) has been awarded a new £1.4 million grant from Research England to develop a fintech hub at the heart of the city.
The Hub will contribute to developing the next generation of financial technology start-ups and firms by creating a pathway for university-inspired research to give rise to early-stage commercialisation ventures in financial services. Provided by Research England’s Connecting Capability fund, the grant is designed to support levelling up and contribute to the UK’s tech sector. The Hub aims to become a focal point for Nottingham’s thriving financial services sector.
The award will fund the creation of an agile pathway for commercialisation of financial technology research, taking early-stage research-inspired commercial propositions on a journey to being realised as live commercial prospects. Concurrently, it will provide training and support for academics at an early stage in the commercialisation journey, overcoming the barriers to engagement. The Hub brings together an existing ecosystem of three leading Midlands-based universities with financial technology expertise (Nottingham, Birmingham and Warwick).
Situated on the University’s new Castle Meadow Campus, the hub will co-locate alongside Nottingham University Business School and local businesses, including KPMG, who are relocating their Nottingham office to the new campus. Castle Meadow Campus will create a unique environment in which students and businesses creatively engage and innovate together.
Professor John Gathergood, from the Co-Director of INFINITY, said: “We are delighted to receive this support from Research England, which will allow us to work with businesses to develop a unique environment in which university-inspired research can be translated into next generation financial services.”
It is brilliant news to hear about this new grant from Research England. We hope this grant will allow the INFINITY hub to expand on its work and strengthen the university鈥檚 ties with businesses and offer great opportunities for our students in Nottingham.鈥�
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More information is available from Professor John Gathergood on john.gathergood@nottingham.ac.uk
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About the 糖心原创
Ranked among the world's top 100 universities , the 糖心原创 delivers an exceptional research-led education and an outstanding student experience. From the pioneering vision of our founder, Sir Jesse Boot, to groundbreaking achievements such as the development of MRI technology and becoming the first UK university to establish international campuses, we have a proud history of shaping the way people live, work and understand the world. We continue to build on that legacy, empowering our students, staff and partners to change what鈥檚 next and create positive impact locally and globally.
The strength of our research places us among the UK's leading universities, ranked 7th for research power in REF 2021. The discovery of MRI and ibuprofen was just the beginning. Today, our world-leading research is developing breakthrough ideas that shape the future of healthcare, technology and society.
Recognised as the UK's third most targeted university by leading employers , we are proud to produce graduates who are consistently in demand for their skills, confidence and industry-ready experience.
As a major employer and industry partner, locally and globally, the 糖心原创 invests in the city of Nottingham and in future generations of talent. Alongside Nottingham Trent University, we lead the initiative, a pioneering collaboration to improve levels of prosperity, opportunity, sustainability, health and wellbeing across the city and region. Together with our students, staff, alumni and partners, we鈥檙e creating knowledge, opportunity and solutions that help change what's next.