Creating a leading nation for engineering innovation
IBioIC Chair Ian Shott is to be recognised with one of the Royal Academy of Engineering's most prestigious prizes thanks to his passion for fostering innovation and entrepreneurship.
Ian Shott CBE FREng will receive the 2017 President’s Medal in recognition of his many contributions to the work of the Academy, which have culminated in the creation of the Enterprise Hub – a community for entrepreneurial engineers that provides mentoring, funding and support to some of the nation’s most promising innovators.
As founding Chair of the Academy’s Enterprise Committee, Mr Shott has overseen the launch of the Hub in 2013 through to the opening of its dedicated home in the Taylor Centre earlier this year. In that time, it has helped 52 startups generate nearly 200 jobs, and go on to raise over £36 million in follow-on funding.
Mr Shott’s leadership has enabled the Academy to play an influential role in the UK’s engineering enterprise landscape, at a time when it is recognised that supporting innovation should form a vital pillar of the nation’s industrial strategy.
Since being elected a Fellow in 2008, Mr Shott has also served as a judge for the MacRobert Award, the UK’s premier award for engineering innovation, and served from 2010 to 2013 on the Academy’s Engineering Policy Committee, during which time he led an influential study on public procurement.
He said: “I get a real kick out of seeing high impact successes being created and realised. Working together with an impressive team of colleagues, we have been on a major journey to set up the Enterprise Hub. Now, with 52 new companies attracting over £36 million of investment and creating circa 200 new high grade jobs, we have seen some remarkable achievements in just a few short years.
“It is an honour to be a Fellow and it has been a privilege to be involved in a number of the Academy’s activities, and I am very grateful for this award that recognises the importance of making the UK a leading nation for engineering innovation.”
Chairman of the National Physical Laboratory Sir David Grant CBE FREng FLSW, who nominated Mr Shott for the award, commented:
“Ian Shott is eminently deserving of the President’s Medal for his exceptional contribution to the success of the Academy and his far-reaching influence on enterprise and engineering innovation in the UK. He has been an extraordinarily dynamic and effective Academy Fellow.”
The President’s Medal recognises significant contribution to the Academy’s aims and initiative in promoting excellence in engineering. Previous winners include Apple’s Senior Vice President of Design Sir Jonathan Ive KBE RDI FREng, Terry Hill CBE FREng, Chair of Arup's Board of Trustees, and top nuclear engineer Dame Sue Ion DBE FREng FRS.
Mr Shott will be presented with the award at the Academy’s annual Awards Dinner at London’s Landmark Hotel on 29 June.
Notes for editors
The President’s Medal is awarded to an Academy Fellow who has contributed significantly to the organisation’s aims and work through their initiative in promoting excellence in engineering.
An Imperial College chemical engineering graduate, Ian Shott CBE FREng has run major global businesses for a number of multi-nationals (ICI, Astra Zeneca, Lonza, Chirex and Rhodia) in the international life science industry for over 20 years. He has been based in the UK, France and Switzerland and has spent considerable periods of time in the USA, Australia and Asia.
He is a Fellow of the Royal Academy of Engineering, the Institution of Chemical Engineers and the Royal Society of Chemistry. He chairs Accelerated Innovation for the Chemistry Growth Partnership with government and is founding Chair of the Royal Academy of Engineering Enterprise Committee.
The Royal Academy of Engineering’s Enterprise Hub is a national resource for the UK’s most promising engineering entrepreneurs. The Hub forms part of the Academy’s commitment to stimulate excellence and promote creativity and innovation in engineering. The Hub does this by making awards to exemplars of excellence and innovation in engineering who will be the founders and leaders of tomorrow’s high-tech companies. The awards include provision of money-can’t-buy bespoke support and one-to-one mentoring from its Fellowship, which comprises many of the country’s most successful engineers from across academia and industry, including prominent entrepreneurs and business leaders such as Mike Lynch OBE FREng FRS, Sir Robin Saxby FREng FRS, and Anne Glover CBE HonFREng.
Royal Academy of Engineering. As the UK’s national academy for engineering, we bring together the most successful and talented engineers for a shared purpose: to advance and promote excellence in engineering. We provide analysis and policy support to promote the UK’s role as a great place to do business. We take a lead on engineering education and we invest in the UK’s world-class research base to underpin innovation. We work to improve public awareness and understanding of engineering. We are a national academy with a global outlook.
We have four strategic challenges: - Make the UK the leading nation for engineering innovation - Address the engineering skills crisis - Position engineering at the heart of society - Lead the profession
For more information please contact:
Aaron Boardley at the Royal Academy of Engineering