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Can Open Innovation Shape the Future of the Welsh Economy?

The term ‘innovation’ gets thrown around constantly in modern day business; meaning different things to different people. However, in recent years, the term ‘Open Innovation’ has become more apparent; especially in the world of product development. Developed by Henry Chesbrough in the early 2000s, the concept highlights the worth of using outside sources of innovation to improve one’s own product or service; a theory that many 21st century businesses are now exploring. Utilising the help of people outside your own internal network can boast various benefits; a way to actively incorporate the wider community into your innovation management strategy.

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ITERATE TO BENEFIT FROM £1M 3D PRINTING PROJECT

We are thrilled to announce that we have been awarded an InnovateUK grant in order to develop an advanced 3D printing technology. The collaborative research project between the University of Warwick; Printed Electronics Ltd; and C Enterprise (UK) Ltd, makers of the CEL Robox, will focus on combining deposition of polymer based materials with electrically conductive inks; potentially replacing the need for wires to be used in electro-mechanical product assemblies.  Read more

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Office Move Represents Milestone in Company Growth

We are pleased to announce that we have recently relocated our South Wales Design Studio to Riverside Court in Chepstow. After spending 3 years on the bank of the River Wye in the centre of Chepstow, the decision was made to move to a larger office space in order to accommodate our long term expansion plans. After securing a number of exciting design projects and actively recruiting new team members – the move represents a milestone in our company growth. Read more

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Why You Should Consider The Seed Enterprise Investment Scheme (SEIS)

The Seed Enterprise Investment Scheme (SEIS) is designed to help small, early-stage companies raise equity finance by offering tax reliefs to individual investors who purchase new shares in those companies. It complements the existing Enterprise Investment Scheme (EIS) which offers tax reliefs to investors in higher-risk small companies. SEIS is intended to recognise the particular difficulties which very early stage companies face in attracting investment, by offering tax relief at a higher rate. Read more

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How Amazon Launchpad Is Helping Start-Up Companies

Amazon Launchpad is a platform setup with the intention of helping start-ups to grow by taking advantage of Amazon’s pre-existing network of fulfilment and marketing. Applicants are generally accepted from a pre-approved list of funding sources such as Kickstarter, venture capitalist firms and other types of start-up accelerators; but they also consider applicants who raised finance using alternative methods. Once accepted onto the Launchpad, Amazon offer a range of marketing and PR tools to help grow a business. Read more

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Funding For British Innovators

The British Design Fund (the “Fund”) is an early stage investment fund that specifically invests in, and provides support for, early stage UK product design and manufacturing companies. ​The Fund seeks to work with extraordinary entrepreneurs, with scalable products, who are ready to accelerate growth into the retail space and build long term value and thriving stand-out businesses. The British Design Fund is driven by a team with strong retail product and investment experience. The Fund’s partnership with ​Sapphire Capital Partners LLP and ​Twenty20 Mentoring Limited gives it unique access to valuable sector specific expertise in order to successfully research, identify, invest in and accelerate early stage UK based companies in the product design and manufacturing sector. Read more

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Evolve Your Business Through Innovation & Intellectual Property

On Thursday 2nd March 2017, our Managing Director will be speaking at an event focussed on helping businesses evolve through innovation and intellectual property. The series of informative seminars will be held at Ladywell House, a Welsh Government building based in Newtown (Mid Wales). The morning will feature talks from the following:

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Funding for Early-Stage Design

Design Foundations is a new £3m grant funding programme from Innovate UK to help businesses identify innovation opportunities and generate better propositions for desirable, useful and feasible products, services and business models.

The aim is to build collaborations between businesses looking for new ways to innovate, and designers with the creative tools to provide this insight. It means using design interventions to address critical business challenges such as:

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Finalists at Monmouthshire Business Awards

This month, ITERATE were finalists in two categories at the Monmouthshire Business Awards (MBAs): ‘Excellence in Technology Innovation’ and ‘Innovation in Business’. The MBAs recognise business excellence across the county; culminating with a Gala Dinner at the Celtic Manor Resort in Newport.

A total of thirty businesses making the shortlists ranged from a rural village store, a vineyard on the slopes of the Black Mountains and a registered childcare provider to large established hotels, a transportation company and a property maintenance enterprise – reflecting the diversity and variety of firms within Monmouthshire’s business community.   Read more

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ITERATE Support Group-Muv at CES 2016

This month we supported our client, Group-Muv, at the 4 day Consumer Electronics Show (CES) in Las Vegas, which ran 6th – 9th January. Over 3,600 businesses and 170,000 delegates attended the event that spanned 2.4 million square feet across venues that included: the Las Vegas Convention Center; the Westgate Las Vegas Resort & Casino; and the Sands Expo & Convention Center. CES is a leading annual technology event that allows businesses from all over the world to showcase the latest consumer innovations.

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