Logica in new initiative to share innovation

11thApr 2011

Logica has announced today a new relationship with the SETsquared Business Acceleration Centres in Bristol and Southampton, to explore how start-up businesses within the centres can gain access to Logica's client base and increase revenues.

The SETsquared Centres are designed to help provide practical growth and development services to transform start-ups into viable sustainable businesses. This arrangement will provide a commercial bridge for the new innovative technologies being developed, to potentially interested parties under the umbrella of Logica's reputation. It is hoped that 10 early stage technology businesses within the centres will benefit within the first year of the relationship.

Commenting on the relationship, Nick Sturge, director of SETsquared in Bristol said, "We are delighted to be working with a major systems integrator such as Logica, to provide routes to market and exposure for our ventures. Getting early sales has become more important than seeking seed investment in the current climate and this type of partnership approach where all parties benefit is a real enabler."

Danny Wootton, Logica's UK innovation director added, "It is vitally important that we support innovation wherever we find it which is why we run a global innovation partners program. Some of the ideas being explored by the teams at the SETsquared centres are genuinely exciting and I hope that with our help we will be able to bring real value not just to the start-up businesses but to our clients as well."

Release date: 11th April 2011

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