News / SETsquared Bristol

The companies awarded Setsquared Bristol’s breakthrough bursary

By Ellie Pipe  Tuesday Jul 9, 2019

The founder of Chisel Robotics says his company is ready to grasp the many opportunities that lie ahead with both hands.

The business is one of three startups, alongside Cyber Scholars, and NORTHSTAR, to be awarded a place on SETsquared Bristol’s prestigious incubation programme this summer, following the launch of the Breakthrough Bursary scheme.

Aimed at entrepreneurs from black, Asian and minority ethnic (BAME) backgrounds, the bursary is designed to help break down some of the barriers to accessing business support and improve diversity in the city’s booming tech sector.

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Chisel Robotics Ltd is developing ‘next generation’ assisted living technology for amputees and disabled people through its unique artificial intelligence platform and smart technology.

“Joining the SETsquared community has been a long-standing goal for Chisel Robotics, and now with financial assistance from the breakthrough bursary, we’re ready to grasp with both hands each one of the many opportunities that lie ahead of us,” said the company founder Mayur Hulke.

Thanking the SETsquared team for their support, he added: “As an early stage startup, we feel both humbled and privileged to become a part of such a vibrant and successful incubator, and we expect to feel right at home in its welcoming environment.

“Our main objective for the upcoming year is to launch our product in the market, after having fortified the foundations of our business with the essential tools and resources that will help Chisel Robotics take flight.

“The abundance of business expertise and deep-rooted industry networks that SETsquared holds will certainly give us that vital edge we’ll need to take our business to the next level.”

The bursary covers 75 per cent of SETsquared Bristol’s residential startup membership, which provides access to strategic advice and coaching, including investment training, bespoke business support, mentoring, events and advice clinics, as well as access to office space.

Angela Loveridge says the support will help her company build on momentum already generated

Cyber Scholars helps children and young people to flourish online, preventing cyber curious teenagers from getting criminal records. The aim is to make the next generation tech-savvy and ultimately employable within the industry.

Commenting on the bursary, founder Angela Loveridge said: “Having the support of SETsquared will increase the momentum that I’ve already generated to drive this business forward, which will help cyber curious teenagers and ultimately the cyber industry.

“Getting ‘behind the scenes’ business support will help to ensure that the next generation of tech-savvy cyber professionals are more easily identifiable and employable.”

Glyn Blaize is the founder of NORTHSTAR™, a software application that offers visual indicators of performance for all parts of a business.

He said: “We are really excited about becoming part of the SETsquared family, we operate in the analytics and HR tech space, which is progressing at the speed of light, so having the support of SETsquared and being able to tap into such a vast array of talent, expertise and networks makes for an incredibly exciting journey ahead.”

The bursary programme was launched in the wake of a research report that was funded by SETsquared Bristol and carried out by partners ACH and Up Our Street.

The report outlined the lack of BAME representation in business that is proving detrimental to the city’s economy. It offered key recommendations on how to make business support more accessible.

Monika Radclyffe has welcomed the three businesses

Monika Radclyffe, SETsquared Bristol centre director, said: “The Breakthrough Bursary is part of our commitment to supporting tech businesses from all backgrounds and communities, and we understand this is essential if our region is to thrive economically.

“We look forward to seeing the three companies flourish as they progress through the SETsquared programme.”

Main image: Glyn Blaize © David Sargent Photography

Read more: Levelling the playing field in Bristol

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