Innovation For Business

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Innovation for Business The Upper Lee Valley is the ‘birthplace of the post industrial revolution’. Jim Lewis ‘London’s Lee Valley’ ‘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’. LDA Innovation Strategy

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Transcript of Innovation For Business

Page 1: Innovation For Business

Innovation for Business

• The Upper Lee Valley is the ‘birthplace of the post industrial revolution’.

Jim Lewis ‘London’s Lee Valley’

• ‘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’.

LDA Innovation Strategy

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Partners & Delivery Information

RoleKnowledge & Technology

Transfer Outreach

Partners

Middlesex University Depts of (Media, Culture and Communication, Art, Product Design and Engineering and Electronic Arts)

Defence Diversification Agency

North London Chamber of Commerce O-Regen

Delivery Offer

Product , Process and management

Innovation support

Product , Process and management

Innovation support

Innovation Audits & Client account management

Innovation Audits & Client account management

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Programme description

• 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

• January 2006- December 2007

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Aims • To help targeted ULV SMEs get the right

support giving them a competitive edge

• To encourage a culture of innovation and to successfully generate and exploit new ideas.

• To provide an infrastructure linking Higher Education & Knowledge holders and industry in the ULV via the outreach specialists.

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Objectives:• To create a client orientated service.

Making it easy for clients by guiding them through maze of business support.

• 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.

• Referring clients to appropriate services e.g. Advance project

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Who is it for• SMEs in the ULV.

– Manufacturing,

– Cultural & Creative Green Economy

– Biotechnology Industry

– BME, Disabled & Women owned/led SMEs

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How it works/Key programme steps

Innovation for Business Client journey

Iden

tify

prob

lem

sD

evel

op

solu

tions

Impl

emen

t so

lutio

nsF

urth

er

supp

ort

Con

tact

mad

e w

ith S

ME Contact

Outreach (NLCC/O-

Regen)

Innovation Audit

(NLCC / O-Regen)

Refer to MU / DA for Knowledge

and/or Technology

Transfer

Applied ResearchR&D

Basic Research i.e.Work placements, IPR

Consultation

Product DevelopmentRapid prototyping

Referral to partners when and where required

Kaizan, Kanban, Just in Time, Agile & lean manfacturing

Using appropriate Creative Industry technology & e-

business

Products Processes Management

Securing Finance

Incubation space/ DDA hatchery

Change Management & HR support for Innovation

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System

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The Innovation HubThe Innovation Hub Institute of Social and Health Research

Human Performance Laboratory

Middlesex University Translation Institute

(TEXTRA Translation Services)

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

Centre for Research into Creationin the Performing Arts (RESCEN)

Health & Biological Sciences

Art & Design

Language & Translation

Computing & IT

Business & Law

Dance, Music & Theatre Arts

Environment

Product Design & Engineering

Lansdown Centre for Electronic Arts

Fashion – Clothes & Jewellery

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Grant funding available

• No direct cash funding under project but many specific funds available through MU and DDA

• Up to 30 hours continual business support available

• No costs for SME, fully subsidised by ERDF

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Business benefits • Greater profitability through

innovative use of existing or new resources and technology.

• Growth in: sales, creation of jobs & job security, spend on R&D, number and quality of new products, quality of processes used & environmental awareness.

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Details for further information

• ERDF Project management

[email protected]

• Outreach

– Nigel Day - [email protected]

– David Haagenson - [email protected]

– Colin Tomlin- [email protected]

• Knowledge and Technology transfer

– Ian Lawson - [email protected]

– Steve Lane - [email protected]