Innovation For Business

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  • Innovation For Business

    1. 1. Innovation for Business <ul><li>The Upper Lee Valley is the ‘ birthplace of the post industrial revolution ’. </li></ul><ul><li>Jim Lewis ‘London’s Lee Valley’ </li></ul><ul><li>‘ Innovation is … the successful exploitation of new ideas … it cannot be limited to high technology products and processes but must be extended to include innovation in the value-added creative and service sectors’. </li></ul><ul><li>LDA Innovation Strategy </li></ul>
    2. 2. Partners & Delivery Information Innovation Audits & Client account management Innovation Audits & Client account management Product , Process and management Innovation support Product , Process and management Innovation support Delivery Offer O-Regen North London Chamber of Commerce Defence Diversification Agency Middlesex University Depts of (Media, Culture and Communication, Art, Product Design and Engineering and Electronic Arts) Partners Outreach Knowledge & Technology Transfer Role
    3. 3. Programme description <ul><li>The ULV Innovation for Business Project has been introduced to promote the ingenuity and creativity and growth of the current business occupants of the Upper Lee Valley. To increase R&D, innovation and scientific base of the manufacturing and cultural and creative sectors </li></ul><ul><li>January 2006- December 2007 </li></ul>
    4. 4. Aims <ul><li>To help targeted ULV SMEs get the right support giving them a competitive edge </li></ul><ul><li>To encourage a culture of innovation and to successfully generate and exploit new ideas. </li></ul><ul><li>To provide an infrastructure linking Higher Education & Knowledge holders and industry in the ULV via the outreach specialists. </li></ul>
    5. 5. Objectives: <ul><li>To create a client orientated service. Making it easy for clients by guiding them through maze of business support. </li></ul><ul><li>Participate in a ongoing innovation network linking inventors, manufacturers and HE to give ULV businesses the widest range of publicly funded Innovation & Environmental support as possible. </li></ul><ul><li>Referring clients to appropriate services e.g. Advance project </li></ul>
    6. 6. Who is it for <ul><li>SMEs in the ULV. </li></ul><ul><ul><li>Manufacturing, </li></ul></ul><ul><ul><li>Cultural & Creative Green Economy </li></ul></ul><ul><ul><li>Biotechnology Industry </li></ul></ul><ul><ul><li>BME, Disabled & Women owned/led SMEs </li></ul></ul>
    7. 7. How it works/Key programme steps
    8. 8. System
    9. 9. The Innovation Hub Middlesex University Translation Institute (TEXTRA Translation Services ) Centre for Research into Creation in the Performing Arts (RESCEN) Health & Biological Sciences Art & Design Language & Translation Computing & IT Business & Law Dance, Music & Theatre Arts Environment Product Design & Engineering Institute of Social and Health Research Human Performance Laboratory National Centre for Project Management Centre for Decision Analysis & Risk Management Software Forensics Centre Centre for Enterprise & Economic Development Research Centre for Legal Research Transport Management Research Group Centre for Environment & Safety Management for Business Flood Hazard Research Centre E-Science Centre The Advanced Manufacturing Centre Lansdown Centre for Electronic Arts Fashion – Clothes & Jewellery
    10. 10. Grant funding available <ul><li>No direct cash funding under project but many specific funds available through MU and DDA </li></ul><ul><li>Up to 30 hours continual business support available </li></ul><ul><li>No costs for SME, fully subsidised by ERDF </li></ul>
    11. 11. Business benefits <ul><li>Greater profitability through innovative use of existing or new resources and technology. </li></ul><ul><li>Growth in: sales, creation of jobs & job security, spend on R&D, number and quality of new products, quality of processes used & environmental awareness. </li></ul>
    12. 12. Details for further information <ul><li>ERDF Project management </li></ul><ul><ul><li>[email_address] </li></ul></ul><ul><li>Outreach </li></ul><ul><ul><li>Nigel Day - [email_address] </li></ul></ul><ul><ul><li>David Haagenson - [email_address] </li></ul></ul><ul><ul><li>Colin Tomlin- [email_address] </li></ul></ul><ul><li>Knowledge and Technology transfer </li></ul><ul><ul><li>Ian Lawson - [email_address] </li></ul></ul><ul><ul><li>Steve Lane - [email_address] </li></ul></ul>

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