coventry & warwickshire business breakfast 21042015
TRANSCRIPT
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Welcome
Coventry and Warwickshire Business Breakfast
Dr Mark Swift, Head of SME Programmes
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Agenda
8.00am – Introduction – WMG SME Innovation Support
8.10am – Business Case Study – Induction Technology Group
8.25am – Feedback Session
Customer, Products and Services of Future
What Support does your Business need?
9.25am - Close, Option for 121 Conversations
Tour of Product Evaluation Technologies(Including 3D Visualisation and Measurement Capabilities)
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• WMG set up in 1980 by Prof LordBhattacharyya to facilitatetechnology transfer andknowledge creation for Industry
• An academic department withinthe science faculty of a leadingUK university
• 350 people in 6 buildings
• Working with OEMs rightthrough the supply chain
WMG
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• Aim – the Leading SME deliverygroup in a Russell GroupUniversity
• Multidisciplinary team –engineers, user insights experts,materials scientists, marketersand digital experts from industry& academia
• Track record of growing SMEthrough research-led innovation
WMG SME Group
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1. IIPSI has finished!– Over 40 businesses from C&W have had intensive
support, resulting in 50 new / saved jobs
2. Want more businesses in C&W to undertake R&I– C&W 4th for innovation, 6th jobs growth (out of 64)*
– Small businesses do well, 21% engaged in R&D*
3. Purpose of the workshop is to– Learn how we can support you in the future
– Understand your barriers
– Feed into a proposal
What is the challenge?
*Centre for Cities, Economic Outlook, January 2015
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• European Structural & Investment Funds (ESIF)– Promoting Research & Innovation priority
– Aims to “increase investment in R&I in SMEs”
• Develop new three year support project– Focus on C&W priorities
– Help take good ideas into product outcomes
– Gain technology led competitive advantage
– Help move up supply chain / value chain / food chain
– Collaborate to compete
– Focus on customers (and market)
What's the new opportunity?
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Funding can be used to support…1. Demonstration of current & future technology2. Innovation support programmes for NPD3. Commercialisation of new products, particularly
targeted to aid innovation in the Eight Greattechnologies*
4. Collaborative & applied research programmes5. Help more businesses link with Universities6. Innovation ecosystems (networks, open
innovation?)7. Create a supportive environment for SMEs
*Includes - advanced materials & nanotechnology, big data, robotics & autonomous systems, energy…
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Our VisionNew funding will help us to:“Take good idea s into viable, market tested,commercia l product outcomes”
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Case Study: Induction Technology Group
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• DEFINE CUSTOMER NEED: New product requirement for anaftermarket Volkswagen tuning specialist with OEM quality
• PRODUCT VALIDATION: WMG’s Product Evaluation Technologies toscan packaging space of engine bay and define size
• PRODUCT PROTOTYPE: Designed for manufacture, materialselected based on heat resistant qualities, limit costs for tooling
• LAUNCH PRODUCT: Sell to Performance Accessories Market.Develop packaging for enhanced customer experience
• FUTURE: Become an Original Equipment Manufacturer, sellingdirect into the market
Induction Technology Group Ltd
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Let’s get thinking about…
Who are your customers of the future?
What are your products and services of the future?
What technologies/processes do you think will enableyou to meet the demands of future products/services?
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SYSTEMS – Industrial Automation Systems; Internet of Things Systems;Energy & Electrical Systems
PRODUCT - Validation & Verification; Measurement Capabilities; AdditiveManufacturing, Design for Manufacture; Low Volume Manufacturing
BUSINESS – Insights; Innovation Strategy; Businesses Models & Technology
MATERIALS – Analysis & Testing (Ceramics; Composites; Metals; Nano-Composites; Polymers); Recycling and End of Life
You may want to consider our Technology Workstreams
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Feedback Questions
What are the barriers to innovation in your business?
How could WMG help your business?
Do you agree with the suggested theme areas ofsupport? PRIORITISE
Other thoughts…..
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What are the barriers to innovation inyour business?
Do you agree with the suggested themeareas of support? PRIORITISE
How could we (WMG) help your business?
Other thoughts
