The Innovation Elevator is a programme of talks and workshops which will give you practical tools, connections and energy to help you to grow your business. It is grounded in the view that to bring new innovation to the market you have to run a successful business!
The programme encourages you to have a solid foundation by doing the basics well; and then leverage this knowledge with lean start-up thinking, and operating effectively in the social media environment.
The programme is delivered in an informal style and will bring you: • Tried and tested practice in key business areas so you can gain knowledge you can use to grow your business; • Insight and experience from experts in their respective fields that can stimulate brilliant ideas you can put to use straight away; • A network of like-minded business people who can provide peer help and links to trusted contacts.
This programme is open to new and established businesses based in the North East of England.
The Importance of Innovation, supported by North East LEP
InnovateNE 2013 opened with a session on innovation, and why it's so important to businesses. Innovation is also essential for our economy to grow, so discussion turned to the role of local and national government in supporting it.
David Bott, Technology Strategy Board (TSB): Importance of innovation and role of the TSB Mark Holmes, Department for Business, Innovation & Skills: Developments around innovation and growth policy John Goddard, Newcastle University: Importance of innovation for society Stuart Miller, ByBox: Successful commercialisation of innovation Roy Sandbach, North East Local Enterprise Partnership: Innovation in the North East Gary Townley, Intellectual Property Office: Protecting innovation
The development of new products and services used to be done by large R&D units within big companies. This is no longer true in many cases, with big companies relying on innovation elsewhere to support their product pipelines. P&G's R&D centre on North Tyneside is leading the way in new models of innovation, bringing in new ideas from universities and other companies.
This session describes the rise of 'open innovation' as an approach, and how the learning from P&G and others can benefit your business.
Mike Addison, Newcastle Science City: What is open innovation? Euan Magennis, P&G & Tim Hammond, Durham University: Open innovation in practice -- collaboration between P&G and Durham University George Vincent, NineSigma UK: Open Innovation -- Sourcing Solutions Through 'Unexpected Connections' Sam Whitehouse, QuantuMDx: How relevant is open innovation for small businesses?
This session provides valuable insight into how innovations in the world of finance can help to finance innovation in business. Learn about various funding options including "pay as you go" working capital, crowd funding, Enterprise Investment and Seed Enterprise Investment Schemes and advice on how companies can maximise their chances of successfully securing the funding they need.
Gaynor Dykes, GrowthAccelerator: Financing innovation through innovation in finance Modwenna Rees-Mogg, AngelNews: Financing Innovation -- angel investment EIS/SEIS Robert Holland, Platform Black: New finance models: "pay as you go" working capital Michael Wilkinson, CrowdCube: New finance models: equity crowdfunding Alan Gowling, NatWest: What makes a good funding proposition?