A project based at the University of Central Lancashire (UCLan) is working hard to provide SMEs with the essential tools to develop product ideas from concept to market.
The Innovation Clinic is now offering free workshops on ‘developing a new product’ as it looks to engage with more Lancashire businesses.
One of the sessions will take place on Wednesday May 1 at The Whitaker in Rawtenstall.
WNJ has referred a number of its clients looking to develop their ideas to The Innovation Clinic team and the workshop is a great way for businesses to tap into their expertise.
The workshop sessions aim to guide SME’s through the key steps of product development, with clinic experts sharing their industry knowledge on:
• What makes a good product
• Understanding your market – competitors, demand and legislation
• The importance of design
• New product development – the steps
• Understanding the cost involved
• Routes to funding
• 1:1 specialist advice
The Innovation Clinic has extended its support and expert advice to more than 175 Lancashire SME’s and is looking to help more businesses in the county.
WNJ is delighted to be able to signpost clients to these opportunities and work alongside the Innovation Clinic to help our clients grow their businesses.
Since its creation more than five years ago its aim has been to reduce failure rates of new product development as well as promote a successful innovation culture in Lancashire.
And it is having success, helping businesses in sectors from engineering to sports equipment to bring new products to market.
Its team brings together extensive industry and academic expertise, state of the art facilities and technology to provide fully funded and tailored support.
And it is available at any stage of the development process – from initial concept and market research right through to launch.
Speaking last year Iain Martin, who helped set up the programme, explained: “Having an idea is one thing; that idea being good is another thing and actually being able to roll that good idea out in a commercially viable way is yet another.
“What we do is sit down and work with the business at any stage of the process. For instance, we’ll help them to sense check their idea, to really evaluate if it is any good and also if there is a market demand for it.”
To register for the free workshop log on to: https://www.eventbrite.com/e/developing-a-new-product-by-uclan-innovation-clinic-free-workshops-tickets-58442703700