New Product Development
In today’s international markets, developing new products, processes and services is one of the most effective ways to give your business that all-important edge on competition. Competing on price and quality is no longer enough as smart customers look at the wider value and benefits of your products and services. As a highly innovative business ourselves we help you harness the ‘innovative potential’ locked in your business.
We provide you with strong support on:
How to identify new opportunities: Learning to think creatively will enable you to evaluate how your business can best approach innovation, including when to access external expertise.
How to research your ideas: Access specialist knowledge and expertise, provide proof of a market and proof of concept will equip you to commercialise and commit to success.
Finance and tax efficient ways to support innovation: Finance is a key ingredient in the process of developing new ideas. Tax incentives and access to national or local funding with support on writing bids is available from us.
Manage the innovation process: Managing new opportunities and their challenges demand careful planning, controls, risk management which we can provide through our experience in managing R&D projects.
Protect your idea: When you develop or invent innovations Intellectual Property (IP) is paramount enabling you to protect your product, process or service.
Commercialisation: Exploitation of IP; getting the best return from your investment in innovation, identifying the market potential, selecting the right route to market, an understanding your competitors are essential steps.
Common problems and barriers: Technical or commercial problems can often delay or block business innovation and this can be a real frustration for the business. This is where our expertise and experience available to you come to hand ensuring success in a strictly confidential manner.
We currently work with both SMEs and large organisations to produce innovation for greater market capture, competitiveness and asset strength. Please contact us to discuss how we can support you