up to £10,000 AVAILABLE
TO PAY FOR SPECIALIST ADVICE
to help you research and develop a new product or service
How we can help?
• Grants of up to £10,000 at (40% intervention)
• Your own personal business advisor to help develop your business
• Ongoing support
• Suite of innovation workshops
• Access to information on additional funding
• Collaboration between researchers and companies
• Specialist intensive assistance (Market or Product Research, IPR Fees, Design and Prototyping, ICT and Finance)
• Generate ideas for new or improved products and services
“focusing on collaborations which are about transferring good ideas, research results and skills between the knowledge base and business to enable innovative new products and services to be developed”
Innovate UK are currently running an OPEN competition to to find game changing or disruptive innovations to impact on the UK economy – this means they will consider ideas from ANY sectors and is not restricted to their main priorities – it is open until 28 February 2018.
Total eligible project costs must be between £25,000 and £1,000,000 and should last between 6 and 36 months. Grants can be up to 70% of the total expenditure.
As a Member of an Innovation Management Group I often find interesting articles and concepts which I share to encourage Innovation in the region.
I read this morning an article by Michael Michalko, an internationally acclaimed creative thinking expert where he considered Thomas Edison’s belief that Adaptation is a form of Innovation when he said:
“Make it a habit to keep on the lookout for novel and interesting ideas that others have used successfully. Your idea needs to be original only in its adaptation to the problem you are working on – Adaptation is a common and inescapable practice in creativity.”
As a small business, to find innovations for your business you could think of existing innovations and ask:
- What else is like this?
- What other idea does this suggest?
- Does the past offer a parallel?
- What could I copy?
- Whom could I emulate?
- What other process could be adapted?
- What else could be adapted?
- What different contexts can I put my concept in?
- What ideas outside my field can I incorporate?
- What ideas inside my field can I incorporate?
Michalko gave an example of an adaptation of a children’s storybook which became an idea for creating lollipop sticks with inbuilt flower seeds so that children after finishing their lollipop can then plant their lollipop sticks in the ground which biodegrade and allow the seeds to be planted and grow www.amborellaorganics.com
Another example was the development of Gecko Gloves based on the Spider Man concept of climbing, comparing that to geckos which are good climbers and then coming up with Gecko gloves. A Stanford University design uses 24 adhesive tiles on each pad covered by tiny saw-tooth shaped nanofibers which allows a person’s weight to be spread evenly across the entire patch making it efficient enough for a person to cling to a glass wall these-gloves-let-you-climb-walls-like-spider-man
If you would like some local support to come up with new ideas come along to the BIC’s next workshop – Profit from Innovation where we can give you some great ideas on how to Brainstorm new Innovations for your company in 2018:
Congratulations goes to Steve Heaword from Crib Gogh Ltd who won our Customer Survey Prize Draw this year.
Steve unfortunately could not collect his vouchers as he was abroad testing some of their products but his colleague Adrian Smith is seen here receiving the £25 Vouchers from the BIC’s Deputy Chief Executive Jackie Millward.
Crib Gogh Ltd design and develop extreme weather and sports accessories www.cribgogh.com
If you’re looking to set up a new B2B business and would like some practical one to one advice, give the BIC a ring on 01782 333798 – I’m sure we can help with IT, Finance, Marketing advice etc An hour of our time could save you a lot of time and expense.
BIC Staff pulled together this week to raise money for Children in Need by selling cakes to their colleagues, clients and other tenants at the Sutherland Institute.
They raised £40 for Children in Need and would like to thank everybody who contributed to such a worthwhile cause.
If you are looking to catch up with the Business Innovation Centre there’s good news as we are out and about quite a bit this autumn.
Come and see us at:
Stoke and Staffordshire LEP Conference – Friday 20 October
Contact email@example.com to attend
Burslem Open for Business – Tuesday 24 October
Staffordshire Business Festival – Wednesday – 8 November 2017
Tamworth & Lichfield Business Show
Everyone at the Business Innovation Centre would like to wish Littash Jayan all the best with her future career. Littash came to the BIC on a placement from Keele University’s Research and Innovation Support Programme (KRISP) for ten weeks to help set up an on-line platform for the BIC’s workshops and events where resources relevant to each event can be stored and easily accessed by workshop delegates.
Littash worked with the BIC’s IT Manager Paul Longshaw and their Director of Innovation Sandra Butterworth to develop the platform and the on-line resource is now up and running and available to the relevant workshop delegates to access.
The KRISP programme provides dedicated human resource and academic expertise to help small and medium sized businesses to develop a new product, process or service.
Littash has a degree and a Masters in Information Technology and is looking for employment in IT and Business Management. We at the BIC would be happy to pass on her contact details to suitable potential employers
CLOSING DATE 22nd October 2017
The Inventor Prize launched on 9 August 2017 by NESTA is open to products that relate to any issue as long as that product helps to make people’s lives better, thereby helping to tackle a social issue affecting the UK.
To be eligible entrants will have to have a working model and be able to show that their invention will help to tackle an important societal issue.
£50,000 will be awarded to the finalist that best demonstrates meeting the judging criteria. There will be two runner up prizes of £15,000 and £5,000.
The finalists will be supported to develop and test their products.
The Business Innovation Centre’s New Product Development Grant has now been increased to just under £10,000
This grant financed through the European Regional Development Fund will help Staffordshire based B2B companies pay for external expertise to help them research and develop a new product or service.
Since the European funded project was launched in April 2016 the BIC has awarded over £400,000 to local businesses to employ experts such as Product Designers; Market Researchers; Patent & Trade Mark Attorneys; Testing Facilities and E-commerce specialists to help them with their innovations.
Thirty Five new products or services have been supported to date including the following which have recently been launched to the market:
- A mobile phone adapter and technology to take photographs of endoscopic images by Endoscope-i from Lichfield company – www.endoscope-i.com
- An adjustable line of sight camera which captures what you see from your perspective. Aim Cam – a Staffordshire Moorlands company – www.aimcam.com
- Radiator fixing kit to allow radiators to be easily reclined without removal from the wall to allow painting or maintenance. Rotarad from Stoke on Trent www.rotarad.com
- A queue watching phone app to allow people to track queues typically at barbers, car parks, hospitals etc Queue Watch – a Stoke on Trent company – www.queuewatch.co.uk
The BIC’s Grant will represent 40% of the overall project expenditure and so will cover project values up to £25,000 whereby up to £10,000 could be paid back to the company on satisfactory completion of the outsourced work.
The next funding panel to consider applications for the £10,000 grant will be on
11 August 2017 and companies should express interest on the BIC’s website at: www.thebic.co.uk/research-collaboration-grants-and-support
Further information about the BIC and its activities can be found on their website www.thebic.co.uk
CLOSING DATE 17th September 2017
CALLING NEWCASTLE UNDER LYME ORGANISATIONS
£1,500 is up for Grabs for winning a Business Boost Award. Entering and Winning Business Awards is a great confidence booster for businesses and worth a little time and effort in applying.
The BIC is sponsoring these awards for the first time this year as they introduce the Innovation Award
So go on have a go at entering and we at the BIC will be only too pleased to help you with your application
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