Innovation is the successful development and introduction of new ideas. Investing in innovation, research and development is important for economic growth. Businesses that do so often emerge stronger and more competitive than they were before. Each day, innovators in the business world create new products, methods, and ideas. They manage to look at problems differently and come up with solutions others cannot, and they provide an endless stream of value to their companies. In fact, innovation just might be the most important component of a successful company.
If a company creates something unique it has intellectual property (IP) that it can protect and exploit.
Designed to assist small to medium sized businesses to successfully innovate and grow, some innovation centres are sector focused, some offer accommodation plus a varied range of services.
Innovate UK provides funding and support to innovative companies to accelerate sustainable economic growth as well as access to experts through Knowledge Transfer Partnerships and specialist innovation networks. If you have an idea for an innovative product or service, you can get help from Innovate UK to develop it and make it successful.
The Knowledge Transfer Network (KTN) helps businesses, in all sectors, get the best out of creativity, ideas and the latest discoveries, to strengthen the UK economy and improve people’s lives. KTN links new ideas and opportunities with expertise, markets and finance through their network of businesses, universities, funders and investors.
Enterprise Europe Network can help you do business in Europe and beyond. Through our network you’ll get the specialist support you need. We work closely with partner networks – such as the Knowledge Transfer Network and the Catapult Programme – to offer businesses the right support at the right time to support their growth and development journey.
The Catapult Centres are a network of world-leading UK technology and innovation centres that help businesses transform ideas into products and services. They are a series of physical centres where the very best of the UK’s businesses, scientists and engineers work side by side on late-stage research and development – transforming high potential ideas into new products and services to generate economic growth.
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