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NPD in Wales The Key Issues Tim Wilson - BIC Eryri

NPD in Wales The Key Issues Tim Wilson - BIC Eryri. BIC Eryri. “Stimulating development of new products, technologies and markets in the global economy” 1993: co. ltd by guarantee INNOVATION: NPD, marketing, Creativity Works!, DATRIS MR, IP exploit , techVentures, project management

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NPD in Wales The Key Issues Tim Wilson - BIC Eryri

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  1. NPD in Wales The Key Issues Tim Wilson - BIC Eryri

  2. BIC Eryri “Stimulating development of new products, technologies and markets in the global economy” • 1993: co. ltd by guarantee • INNOVATION: NPD, marketing, Creativity Works!, DATRIS MR, IPexploit, techVentures, project management • Food, leisure, media, environmental, healthcare, ICT, manufacturing, materials, construction • £32M+ projects, Wales, UK and international • 12 F/T staff + 15 assocs, Pera, Profound • PDMA - NPD best practice

  3. BIC Eryri Service Portfolio • Creativity • Dealmaking And everything in between

  4. Mona Bauhaus • NPD using Bauhaus principles Mapping Concepts Products + Launches • MR, creativity, NPD, tech, IP, marketing • Up to 10 new product ranges, 4-5 new ventures

  5. Creating an innovative Wales • The Partnership - the potential to make a difference • Essential to collaborate and share knowledge at all levels to maximise competitiveness • Learn from partnership • but we should be ambitious in developing our own priorities and actions

  6. The NPD network in Wales • Patent Office, Attorneys and IP Wales • WAG - npd high on economic dev agenda • WDA - Many support programmes • WTI - support for export development • COUNCIL ECONOMIC DEVELOPMENT - grants • PRIVATE SECTOR - BIC Eryri • Universities Spinout and KEF, Rapid Prototyping etc, Expertise accessible by private sector

  7. NPD issues in WALES ( what is missing ) • Seed Corn Funding - High risk • NPD Culture - building • Commercial culture in FE and HE • Effective communication to the innovators • Welshness ? Negativity • Confusing backdrop of assistance

  8. Questions ?

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