Riversimple Rasa- The hydrogen fuel cell car

Next Generation Electric Car Helps Launch Entrepreneurship MSc

A prototype ‘next generation electric’ car powered by a hydrogen fuel cell and regenerative braking, is on show at the University of Exeter campus, as part of the launch of the new MSc Entrepreneurship & Innovation Management programme.

The innovative new course, delivered by the University’s Business School, aims to help a wide range of entrepreneurs from purpose driven startups, to those launching the next big digital platform, or someone looking to grow an existing family business.

 Hugo Spowers, entrepreneur and founder of Riversimple, which has produced the Rasa hydrogen-powered car, is delivering a keynote speech at the MSc launch event.

 “Hugo has generously agreed to share his journey as an entrepreneur with us and it is fantastic to have a Rasa, such a cutting-edge innovation, on campus. This innovation is testament to Hugo’s entrepreneurial vision and determination.” said Adam Lusby, Interim Co-Director of the Centre for Entrepreneurship.

 “Being an entrepreneur is very exciting but also involves a lot of hard work, dead ends and frustration. Learning to be a successful entrepreneur is a career ambition that needs the right support to accelerate personal performance,” said Dr William Casely, Programme Director MSc Entrepreneurship and Innovation Management.

 “Our innovative new MSc programme is designed to give students a full and advanced education in entrepreneurship and innovation through exploration of a mix of theory, practical skills, and significant engagement with experienced and successful entrepreneurs.  We want our students to go out into a world full of opportunities with an advanced set of skills and knowledge, and a confidence to create new ventures, and to create something special, just like Hugo.”

Riversimple founder, Hugo Spowers said: “I’m delighted to be able to share details of my own personal journey at the launch of the University’s MSc in Entrepreneurship and Innovation Management programme. The Riversimple story began with a clean slate  - our technology, business model and governance have all been designed together to deliver a truly sustainable business. The system conditions require radical rethinking if we are going to be fit for business in the future, and where better to prepare for this than here. An MSc of this type will be immensely valuable in helping students develop the skills required to develop their own innovations and bring them to market.”

Date: 5 February 2019

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