UNIVERSITY-LED INNOVATION FOR SMES

As the world is returning to some sort of normality, disruption with supply chains and labour shortages remain.

At RISE we are seeing a lot of ‘pivoting’ – this is having the ability to action change – this could be developing a new business model or services or product to adapt to marketplace changes. The good news is, RISE can help with the tools and expertise to pivot.

We have been busy helping members with market research to improve understanding of target markets, revising pricing models to cover energy costs and supply issues, developing new marketing strategies, creating efficient operational processes and advising on remote leadership and supporting remote workers.

Daily, we are seeing inspiring models of pivot innovation within our membership. Many are also embracing the challenges and opportunities of sustainability and Net Zero – and we’re excited to be able to report that our first 3 Access to Expertise projects have a sustainability and circular economy focus, more on those to follow!

300 second – Pitching event with HHBA 

Businesses had the chance to pitch for £5000 University Expertise at Haywards Heath Business Association event. Three businesses pitched their innovation ideas in front of peers and our Innovation ‘dragon’ Advisors last week.

Congratulations to Eco Product Technology, winner of the pitching competition with their rainwater water harvesting product, who will now receive support with a proof of concept and design prototyping.

Access up to £5k to develop a product or service

Do you want to develop an existing product or service, or solve a specific challenge within your business? Eligible businesses can access up to £5k of cutting-edge research from the Universities of Brighton or Sussex as part of the RISE project

IS YOUR BUSINESS ELIGIBLE?

Read the full newsletter here – https://rise-innovation.uk/rise-newsletter-edition-3-summer-2022/