The University of Cambridge Entrepreneurship Centre officially opened on Friday evening, making a dream come true for one of the city's most illustrious entrepreneurs, Dr Hermann Hauser.
Centre opening is a dream come true
The University's Vice-chancellor, Professor Sir Alec Broers, told a 200-strong gathering at the Judge Institute of Management Studies, which hosted the event, that the vision for the entrepreneurship centre belonged to Dr Hauser, who had relentlessly driven the project from idea to reality.
Dr Hauser of Amadeus Capital Partners, one of the founders of the Cambridge Network, said he had been motivated by his own early experience with Acorn Computers.
'When we started, we didn't really know what we were doing and we flew by the seat of our pants,' he said. At first things were fine, ' but after about five years, things didn't go so well.
'I'd like to pass on what I learned when failure was more the norm than success.
'In many ways, this is a dream come true,' he added. 'I never thought in such a short time we would be able to achieve so much.'
Dr Hauser paid tribute to Sir Alec and the University, the Cambridge Network, the Judge Institute and the whole community for coming together to support the venture.
The Entrepreneurship Centre at Cambridge Judge Business School aims to inspire, enable and research entrepreneurship.