The area of Rotherham, which is undergoing a major refurbishment plan to improve the economy and infrastructure of the region over the next few years to come, has benefited from a program in business acceleration that will enable it to increase the development deals that it is currently conducting. This was a clear example of collaboration between businesses in order to set up various enterprises that would help to speed up the growth prospects in a region that is looking forward to a lot of change and socio-economic improvement. This enterprise, known as the UKSE Y-Accelerator, was a collaboration between various bodies in operation that ranged from the UK Steel Enterprise to the University of Sheffield itself.
Through this, it is greatly hoped that the region will be able to benefit from this and that this will encourage more and more enterprises to develop themselves in the area of Rotherham as the year progresses. Ten lucky squads in total were selected to receive an intense and stimulating business-oriented support crash course over the course of 12 weeks, culminating in a Dragons Den-style pitching session at the prestigious campus of Sheffield Hallam University. After deliberation, the judges ruled that Research Retold, who are originally set up in Sheffield itself, could win the £25 thousand prize.
On the other hand, members of the judging committee of UK Steel Enterprise as well as the Sheffield City Region Growth Hub emphasized the excellence and high quality of all of the entries and it is hoped that none will be deterred even if they did not win from carrying on to develop plans and ideas that will ensure the growth and success of the Rotherham region as a whole. Indeed, without ideas and innovation, the kind of which were in full flow at Sheffield Hallam University, such regeneration of the local area would not be possible.