SETSquared - First in Europe for Silicon Design
The South West of England is home to the
UK's largest concentration of silicon designers, second in the
world only to the USA.
It is estimated that the cluster is 50% bigger
than the next largest, which is in Cambridge, earning the 50 miles
stretch from Swindon to Bristol the title of the UK's Silicon
Corridor.
Silicon design companies located in the South
West have the dual advantage of a supportive ecosystem and a highly
skilled workforce. The latter is the legacy of Inmos in Bristol and
GEC-Plessey Semiconductor in Swindon. Between them, these two
organisations trained a generation of silicon designers and, while
the organisations themselves have changed beyond recognition, the
designers endure and have gone on to lead the world in areas like
RF, video, multicore processor and reconfigurable components. There
are currently around 50 silicon design companies in the South West,
employing approximately 5,000 people. A feature of the cluster is
its active start-up culture, with more than £250 million having
been raised in venture capital in recent years. In order to
encourage this, a sophisticated support structure has evolved, with
assistance from the South West Regional Development Agency.
Central to this support structure are the
start-up business incubators run by SETsquared, which is a
partnership between the universities of Bath, Bristol, Southampton
and Surrey. These incubators provide high-growth potential
technology start-ups with serviced office space, business guidance
and mentoring as well as access to a high calibre network of
experience entrepreneurs, potential investors and business
professionals. They have a proven track record of helping high tech
ventures to move from initial ideas to commercial viability, as
Simon Bond who runs the SETsquared incubators in Bath and Swindon
explains:
"The South West leads the UK in silicon design, and electronics is
vital to the region's economy. The SETsquared incubators exist to
help new companies to get started, to find suitable partners, to
secure vital investment and even to win their first contracts. Our
network of contacts is extensive - we have a database of over 1000
potential investors - and each incubator has its own business
development team whose role is to coach companies, review their
progress and make introductions to the people and organisations
that can help accelerate their growth."
Silicon South West was founded by Simon Bond as a way of reaching
out to the entrepreneurial semiconductor sector in the region.
"Entrepreneurs can be anywhere," Simon points out, "embedded in an
organisation or working at their kitchen table. Some of our
entrepreneurs are from spin-out companies from the universities but
the majority just happen to live around here. Silicon South West is
a networking organisation that brings together companies in the
electronics sector via meetings and a bi-monthly newsletter. We
hold regular events that generally attract in excess of 100
delegates and our newsletter includes some of the most highly
regarded writers from the electronics sector. Semiconductor
start-ups in the Silicon South West network also enjoy free access
to the latest Electronic Design Automation software as a way of
helping them to raise investment. This is provided by Mentor
Graphics and Pulsic."
For the first time, Silicon South West is organising an annual
conference in 2007, sponsored by S-Park, picoChip and South West
RDA. The event, entitled Wireless 2.0, will focus on the emergence
of a new class of wireless mobile with its implications for the
industry. Keynote speakers include the global R&D director of
Vodafone and the Technology Director of Hutchison 3G.
Exciting developments are currently underway which look set to
secure the future of the electronics sector in the South West of
England. Silicon South West recently secured UK Trade &
Investment funding to run a pilot to fast-track semi-conductor
start-ups in the region. Scheduled for launch at the annual
conference, the Silicon Enterprise Export Development programme
will identify priority companies and provide targeted support to
help them to perform better in a global market. And, even more
significant for the region, are plans to create the UK's first
Silicon Research and Development Centre at the S-Park Science Park
in Bristol. A multi-million pound funding package is currently
being sought for the 3,000 square foot Centre, which will provide
three laboratories specialising in Silicon Characterisation, System
Test and Reconfigurable Technology, along with a High Performance
Computing infrastructure.
Simon Bond concludes: "Almost all high-value industry, including
environmental technology and aerospace, depends on silicon design.
The South West's new Silicon Research and Development Centre will
allow more semiconductor design companies to enhance their designs
at prototype stage and, subsequently, improve the speed to market
for their Silicon Chips. Nothing else like this exists in the UK
and it will provide an important competitive advantage for the UK,
attracting growing numbers of inward investors."