The Hub is to receive a substantial financial contribution from the Blavatnik Family Foundation to provide ongoing post-Fellowship support, training and mentoring for the highest performing Enterprise Fellows.
The Enterprise Hub helps business-minded academics start their own companies. Through the Enterprise Fellowships scheme, academics are provided seed funding and salary support, bespoke mentoring from Academy Fellows, training, and exclusive networking opportunities over twelve months.
The Blavatnik Family Foundation is headed by Len Blavatnik, founder and Chairman of Access Industries, a privately held industrial group with strategic investments throughout the world. Over the years, the foundation has supported many leading cultural and educational institutions including, in the UK, Tate, the National Portrait Gallery, the Royal Academy of Arts and the Prince's Trust.The foundation also supports the annual Blavatnik National Awards for Young Scientists which provides three noteworthy faculty-level U.S. scientists aged 42 and younger $250,000 each in unrestricted funds. In 2010, Mr. Blavatnik and the foundation provided £75 million to establish the Blavatnik School of Government at the University of Oxford to train outstanding graduates from across the world in the skills and responsibilities of government.