Cranfield incubator nurtures e-business

Cranfield School of Management has launched a business incubator to help its
students set up new technology companies.

It is the latest development in the move to bring educational institutions
and business closer together to capitalise on the growth potential of
Internet-based technologies. Incubators provide shared office and communication
facilities to reduce the cost of establishing a firm.

Cranfield last week announced that four proposals by MBA students have
attracted funding from venture capitalists. The four firms will be accommodated
at the incubator – known as – and will have access to
advice from the management school.

The four firms are:

MRT Netprint, outsourced provider of printing and document delivery

Pos-Grad, an information and career development service for South
American post graduate;

Instant-i, which enables bar codes of products to be stored into a
mobile phone, and carries out a search for the cheapest supplier

Community Maps, which produces local maps indicating health service
provision in various media

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