UFraction8 Scoops Murgitroyd Innovator Launchpad Award
GLASGOW, Scotland–(BUSINESS WIRE)–#innovation–Murgitroyd, the global intellectual property attorney firm, has awarded
first prize of £5,000 cash to Scotland-based start-up uFraction8 in its
first Innovator Launchpad competition.
In an award ceremony at The Dome, Edinburgh, co-founders of the
Falkirk-based microfluidics company, Dr Brian Miller and Dr Monika
Tomecka, were presented with the £5,000 winner’s cheque together with a
£2,500 intellectual property services voucher from Murgitroyd, custom
Beta Brand space jackets and a PR package.
The UK-wide innovation competition was launched by Murgitroyd in May
2017 in a drive to support early-stage businesses, and is based on
Facebook.
The initial “top three” were decided in a public Facebook vote, with
these three then going through to a formal judging process, with experts
including Converge Challenge founder Dr Olga Kozlova.
Winner uFraction8’s technology centres on a new liquid particle
processing technology which offers superior performance and cost savings
against the three big liquid processing technologies: filtration, flow
centrifugation and flocculation. The company is a spin-out from
Edinburgh’s Heriot-Watt University.
The technology has multiple applications including enhancing food
security, increasing access to medicines and nutrients, preserving ocean
life and enhancing operational capabilities of humanitarian aid missions.
UFraction8 has won a number of awards recently, including the
high-profile Imagine Chemistry Challenge, run by AkzoNobel. Through
this, a strategic partnership has just been announced been uFraction8
and AkzoNobel.
The company has also achieved equity funding through the Deep Science
Ventures business accelerator programme and further non-diluting grant
funding is lined up through Scottish Enterprises’s SMART Feasibility
scheme.
Dr Miller, the company’s CEO, a former automation engineer who retrained
in microfluidics, described the award as a “great helping hand”. “It’s
not just the cash, but also the intellectual property advice provided by
Murgitroyd that will come in useful: this will help us to assess the
value we can add to the company through intellectual property”.
Dr Tomecka, uFraction8’s Chief Operating Officer, a biomedical
researcher with experience in marketing and team management commented
that the company had ambitious plans for expansion and that they were
seeking investors. She and Miller believe that both of these objectives
will be helped by the publicity from the competition.
UFraction8 fought off serious competition from other UK start-ups to win
the prize with 35 other early-stage businesses entering the competition.
Innovator Launchpad judge Keith Jones, Director – Patents with
Murgitroyd, commented on the high standard of competition entries: “As a
patent attorney, I deal with innovation day in day out, and I have to
say I was very impressed with the quality of the entries”. Jones
described uFraction8’s entry as “seriously disruptive technology”.
Jamie LeLiever, Chief Marketing Officer with Murgitroyd, was keen to
stress the importance of professional services help alongside cash
support for early-stage businesses: “As an entrepreneur myself, with
experience of founding my own businesses in the US, I know that it’s not
just the cash that counts.
“Young companies need advice, and companies like Murgitroyd can assist
with that – we will also be opening up the competition to other
professional services sponsors in the next phase, in order to increase
the range of advice available to companies.
“Innovator Launchpad will be back in 2017, and we will have some
exciting new developments to announce. We’ve taken on feedback from this
competition’s competitors and aim to streamline it further in the next
phase.
“So look out for news of Innovator Launchpad 2.0 in the early Autumn on
our Facebook page – we look forward to supporting more young companies
in the UK!”.
Web Links
uFraction8 website: ufraction8.com
Innovator Launchpad Facebook page: facebook.com/innovatorlaunchpad
Facebook Live winner’s interview: facebook.com/TheScotsmanNewspaper/videos/10156953400574988
Murgitroyd website: murgitroyd.com
Contacts
Murgitroyd
Contact: Fiona
McKenzie, European Marketing Manager
Tel: +44 (0)141
307 8400
Email: [email protected]