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Innovation 1 st. Why Innovation 1 st is necessary:. Problem There is a large number of micro businesses. Why ? They haven’t grown, because they do not know who to ask for assistance. Answer ? Innovation 1 st. How Innovation 1 st works . University schools & BDM.
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Why Innovation 1st is necessary: • Problem • There is a large number of micro businesses. • Why ? • They haven’t grown, because they do not know who to ask for assistance. • Answer ? • Innovation 1st
How Innovation 1st works University schools & BDM Local Authorities & sector groups Cluster Groups Chambers & Membership bodies Trade Assoc Business Support MAS, LEP Innovation 1st Idea Assessment Collaboration & Consultation Visualisation Centre Workshop events Transfer of knowledge Introduction to technology Implementation Plans for Growth 2 days Fully funded 10 technology campaigns
How Innovation 1st helps SMEsfind “ideas” expertise they need • RAPRA • MIRA • CERAM • PERA • And more. . . • Local • National • International Research University Support Implementation for Growth Commercial Providers Education and Training • Apprenticeships • Public Sector • Private Sector • Student / graduate placement • Technology companies
How Innovation 1st benefits the local economy • Collaborations • Competitiveness • Turnover • R&D spend