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First five businesses announced for KPMG and Nexus Leeds incubator space

KPMG and Nexus say they are open to interest from other businesses that could benefit from the space

From left: Paul Baverstock, CEO, Caterpillar Health; Hollie Pearson, senior full stack engineer, Caterpillar Health; Sarah Richard, co-founder and chief product officer, Caterpillar Health; Ashley Hopkins, developer, Caterpillar Health; David Jordan, CEO, Enteruptors, and George Fairhall, founder and CEO, Work & Communications Limited.(Image: Supplied by KPMG)

KPMG and Leeds University's Nexus have announced the opening of their incubator space with advisory support for scaleup businesses.

KPMG@Nexus is now home to five businesses: Hero Wellbeing, Caterpillar Health, enteruptors, Work And Communications and Uplift 360, and the programme is open to interest from other businesses.

The resident firms will have access to commercial and research expertise through KPMG and the University of Leeds, which runs the Nexus building it describes as a "community for innovators and entrepreneurs".

Read more: Warm welcome for pub pork scratchings after start-up's lockdown misery

And with businesses working across similar sectors, such as healthcare and ESG, the incubator is designed to provide opportunities for shared learning and collaboration, not only between KPMG, the university and the tenant but also peer-to-peer.

KPMG@Nexus say the space is also available for international businesses looking to test a soft landing in the º£½ÇÊÓÆµ, which is what Australian Fintech business enteruptors have been doing.

Euan West, Leeds office senior partner at KPMG º£½ÇÊÓÆµ, said: “It’s fantastic to work with our first set of businesses in the KPMG@Nexus space as we see a material impact of our partnership with the University of Leeds.

"Supporting innovative businesses and entrepreneurs either already in Leeds, or as they consider making the move, is at the heart of what we are trying to do with the incubator space. Here, these businesses have free and unlimited access to knowledge and research that can help them to reach their potential.