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SETsquared signs deal with MathWorks to save start-ups up to £75k per year

SETsquared has teamed up with MathWorks, the leading developer of mathematical computing software, to offer start-ups within its incubation programme one year’s free access to MATLAB and Simulink, worth up to £75k per year per start-up venture.

MathWorks is one of the latest organisations to offer Europe’s best university business incubator preferential access to its software packages, joining household names such as Amazon Web Services, Rackspace, Autodesk, NeonDrum and Microsoft BizSpark.

Companies in the SETsquared network will receive access to MathWorks tools that will help start-ups save time and money, and accelerate their growth. The modelling, simulation and analysis capabilities within MATLAB and Simulink will allow engineers, researchers and scientists within the companies to speed the design and development processes.

Simon Bond, Innovation Director at SETsquared, said: “I’m delighted that MathWorks has come onboard to offer SETsquared-supported companies free access to its tools for a whole year. This is the exact type of support start-ups need to give them the competitive edge and bring products to market quicker.”

Sham Ahmed, managing director at MathWorks UK, said: “Start-ups are under tremendous pressure to show performance early. We are pleased to team up with SETsquared in helping these fledgling companies to reduce technical risk and do more with limited resources. As well as SETsquared, we also support more than 100 startup accelerators, incubators, and competitions around the world with a similar access benefit.”

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SETsquared is a partnership between

  • University of Bath
  • University of Bristol
  • University of Exeter
  • University of Southampton
  • University of Surrey