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Business innovation and growth

The success of physics-based businesses is vital to our economy and to society and we play a vital role in bringing together physicists working in business and industry in global corporations, local companies and start-ups across the UK and Ireland.

Our role is to foster, support and connect physicists working in industry, and to enable physics-based businesses to thrive. View our business brochure.

How we support physics in business

Physics-based businesses, and physicists working in business, are a valued and vital part of our community.

Looking for help to take your physics-based business to market?

IOP Accelerator is our affordable, fully serviced workspace in King's Cross.

We want to help start-ups get the next big ideas off the ground. Our Accelerator workspace offers entrepreneurs, and micro and small businesses, an attractive base flexible enough to support them in their crucial early stages of growth.

Capitalise on the wealth of our network, business knowledge and skills training – help us create a dynamic, inclusive ecosystem connecting innovators in science, technology and engineering across all regions of the UK and Ireland.

To ensure affordability, fees can be negotiated in return for service in-kind to help us grow the Accelerator hub and regional network and the space can be hired for business or investor meetings at a daily rate.

Find out more about IOP Accelerator

We can also support you through:

  • our member-led Business Innovation and Growth Group
  • Business Awards
  • regular business events
  • promoting a better understanding of the role of physicists across the economies of the UK and Ireland

IOP Business Innovation and Growth Group

The Business Innovation and Growth Group is a member-led special interest group which supports individuals and businesses of all sizes, as well as entrepreneurs taking ideas to market.

Being a member of the group will help you and your organisation to be more innovative, knowledgeable and effective by providing you with:

  • networking, profiling and B2B development opportunities
  • knowledge exchange activities to support industry/academia collaborations
  • business support, finance and affordable workspace

Join our Business Innovation and Growth Group – simply login to your IOPConnect account and select the 'My groups' tab.

Not yet an IOP member? Join today

Business Awards

Our portfolio of Business Awards for individuals and companies recognise the significant contribution that physicists and physics make in industry across all sectors and at all stages – from start-ups to multi-national corporations. The awards are a celebration of entrepreneurship, excellence in innovation and the successful implementation of physics into a product or service.

Award winners join a growing network of the most innovative and promising from the physics business community. We are committed to developing strong, effective relationships with the winners and opening new opportunities with them through our business innovation and growth network.

Take a look at our 2021 award winners, and be a part of the future Business Awards.


We organise regular business-focused events and Business Briefings.


One of our key roles and that of our members is to ensure that those with decision-making power fully understand the contribution a strong and connected physics business community can make to the economy, and how vital a well-funded, thriving R&D base is to the discovery and solutions process.

We are committed to representing physics-based businesses and physicists at the highest levels of government and have produced influential reports highlighting the critical contribution that physics-based businesses make to our economy.

Professional development

Professional development is an excellent way to maintain and update your skills and knowledge.

We offer a wide range of professional development activities for physicists in business to engage in:

The career development hub is central to your CPD and maintaining your professional registration.

Further information

We can support you and your organisation. Please email [email protected].