PA Consulting and Cambridge University Entrepreneurs team up to accelerate best science a...


03-04-2007

PA Consulting Group (PA) - the leading international management, systems and technology consultancy, and Cambridge University Entrepreneurs (CUE) - which runs the most successful business planning and creation competitions in Europe, have agreed to collaborate and combine their skills.

Togther, they aim to accelerate best science and technology ideas through to commercial success in the global market place.

During the past seven years, CUE and PA have operated separately, yet within 10 miles of each other, fostering substantial business creation, innovation and commercial success.

 

 

CUE, which is student-run, educates Cambridge University staff and students about enterprise and helps them create companies that shape the world. Since 1999, its business competitions have attracted over 450 entries and it has awarded grants of over £280,000 to 31 start-ups. The CUE business competitions create global businesses: the resulting twenty companies which trade today, including Owlstone Nanotechnology, Splashpower and Light Blue Optics, have collectively attracted more than £15m in further funding and are valued in excess of £30m. CUE’s sponsors include the Greater Cambridge Partnership, the Cambridge Angels, 3i and ARM. 

 

PA, through its consultancy skill and dedicated Technology Centres in Cambridge, UK and Princeton, US  is the commercialisation partner of choice for many global companies, able to help develop strategy and take technology ideas from concept, through rapid prototyping to volume production to market.  PA has a demonstrable track record in business success and innovation, both for clients and for itself, in the form of recently launched venture companies such as UbiNetics, Meridica and Aegate. It has won numerous MCA awards.

 

Through this new, complementary initiative, CUE business competition winners will have early access to PA’s expertise and support in developing their business ideas.

 

Rahul Vohra, President of Cambridge University Entrepreneurs, comments:

 

‘The CUE competitions are a world class way of taking entrepreneurs with innovative technology to a stage where they can raise investment. We are excited to be working with PA, who will add significant experience to the process of growing successful global businesses.’ 

 

Ian Rhodes, a Member of PA’s Management Group, comments:

 

‘PA’s clients include many of the world’s most successful global brands.  These companies are increasingly turning to PA to access innovative ideas and entrepreneurial teams to sustain growth.  With CUE’s track record over the last seven years, we see this collaboration as a ‘win/win’ - better services for our clients, whilst enhancing the commercialisation of the UK’s successful  science and technology base.’

 

 

For more information please contact:

 

Ian Rhodes +44 (0)1763  267612   email: ian.rhodes@paconsulting.com mailto:ian.rhodes@paconsulting.com

Bev Adams +44 (0)1763 285260  email: beverley.adams@paconsulting.com  mailto:beverley.adams@paconsulting.com

Rahul Vohra +44 (0)790 4920171  email: rahul.vohra@cue.org.uk  mailto:rahul.vohra@cue.org.uk

 

or visit:

www.paconsulting.com/innovation

 

or www.cue.org.uk

 

 

 

About PA Consulting Group

 

At PA Consulting Group, we transform the performance of organisations.

 

We put together teams from many disciplines and backgrounds to tackle the most complex problems facing our clients, working with leaders and their staff to turn around organisations in the private and public sectors. Clients call on us when they want:

 

an innovative solution: counter-intuitive thinking and groundbreaking solutions

 

a highly responsive approach: we listen, and then we act decisively and quickly

 

delivery of hard results: we get the job done, often trouble-shooting where previous initiatives have failed.

 

We are an independent, employee-owned, global firm of 3,000 talented individuals, operating from offices across the world, in Europe, North America, Latin America, Asia, and Oceania. We have won numerous awards for delivering complex and highly innovative assignments, run one of the most successful venture programmes in our industry, have technology development capability that few firms can match, deep expertise across key industries and government, and a unique breadth of skills from strategy to IT to HR to applied technology.

 

• defence • energy • financial services • government and public services • international development

• life sciences and healthcare • manufacturing • postal services • retail • telecommunications • transportation

 

strategic management • innovation and technology • IT • operational improvement • human resources

• complex programme delivery

 

www.paconsulting.com

PA Consulting Group, Cambridge Technology Centre, Melbourn, Royston, Herts, SG8 6DP, UK. Tel +44 (0)1763 267492   email: innovation@paconsulting.com mailto:innovation@paconsulting.com

 

 

 

 

PA Consulting Group is an innovation and transformation consultancy. We believe in the power of ingenuity to build a positive human future in a technology-driven world. Our Global Innovation and Technology Centre houses over 250 class-leading scientists, engineers and technologists. Our technology and product development capabilities range from front-end applied science, concept creation and design, to hands-on product engineering, system integration, scale-up and manufacture.

PA Consulting Group