A Commercialisation Centre – to support and accelerate the growth and development of early stage businesses and technologies in the recycling sector - has been launched by the Waste and Resources Action Programme (WRAP).
It has been created to fill the gap in WRAP’s existing support services, as many start-up or Research and Development businesses are at too early a stage to receive direct support from WRAP under its current schemes.
WRAP director of business growth Steve Creed said: “The Commercialisation Centre has been conceived specifically to provide the support that embryonic businesses and new technologies need to become commercially viable.”
It aims to offer young companies and technologies help in finding the best route to market in areas such as product development, strategic partnering and licensing.
Those who may be eligible for support from the Centre include entrepreneurs with a new recycled product, technology or business, start-up businesses, corporate spin-offs and university spin-offs. It will also be available to overseas businesses or individuals with new recycled products, technology or business models that they want to launch in the UK.