Set up an academy (9)
I believe the answer is:
institute
I believe this is a double definition.
'set up' is the first definition.
(thesaurus)
'an academy' is the second definition.
(thesaurus)
(Other definitions for institute that I've seen before include "Organisation for promotion of scientific or educational activity" , "Start - school" , "Found; an establishment" , "Begin (legal proceedings)" , "Set in motion, establish" .)