Member Article

Search is on for tomorrow’s innovators

BUSINESSES and entrepreneurs across the region are being given the chance to win £20,000 worth of specialist support to take their innovative ideas to market.

Newcastle Science City has thrown down the gauntlet to businesses and individuals across the region to put forward their ideas for the chance to win.

The competition is aimed at developing innovative ideas that can be launched within 12 months, have potential to be high-growth and target unmet needs in one of Newcastle Science City’s themes, which includes ageing & health, sustainability or regenerative medicine.

Simon Green, project manager at Newcastle Science City, said: “The competition presents a phenomenal opportunity to businesses and individuals to develop their ideas and realise their potential – especially in the current economic climate when investment can be difficult to secure.

“At Newcastle Science City we have the right expertise and the connections to create innovate, high-growth businesses and this competition will help accelerate that.”

Up to six businesses have a chance of scooping the prize, which will provide a tailored package of expertise, mentoring and support to commercialise the winning idea.

Depending on the needs of the business, support services could include market research, prototyping, design work, marketing, sales lead generation, software development, legal support, financial modelling and intellectual property protection.

This was posted in Bdaily's Members' News section by Ruth Mitchell .