INSIGHTS / News

SETsquared Exeter member Minibems is enjoying the fruits of their incubation with the University of Exeter, having recruited talented students, met new prospects, developed test facilities with researchers and successfully raised funding for their energy saving business.

The Exeter-based SME provides an efficient, intelligent heating system to complex buildings which dramatically reduces energy costs, improves resident services and shortens repair times.

In order to develop their product, Minibems needed to test their system in a suitable environment. University of Exeter staff identified a suitable location on Streatham Campus, with degree apprentices helping to fit out the space.

Minibems has also benefited from working with SETsquared Exeter: after presenting at a SETsquared Accelerating Growth Investment Showcase, representatives from EDF approached the company and have since provided office space and valuable advice.

Finian Parrick, Managing Director of Minibems commented:

“For many years I didn’t really know about SETsquared or the Innovation Centre. If I look back, we had three years of funding with Minibems and it would have been sensible to engage with the Innovation Centre three years ago”.