5 February 2024 by Barbara Bouffard | Comments are off for this post Is your invention worth more than a million? Learn from the Trunki Inventor's £7M journey. Rob Law, the inventive mind behind Trunki, the globally recognised brand of ride-on children's suitcases, is a testament to the power of individual innovation. His journey from a starting idea to success demonstrates that individual inventors can hold their own [...]
29 November 2023 by James Mcinerny | Comments are off for this post Should I take my idea further? Ask yourself these three questions The UK is a nation of people with great ideas, no wonder it ranked 4th in the Global Innovation Index 2023, behind Switzerland, Sweden and the United States. If you are one of those people who can spot a problem with a product and [...]
21 November 2023 by Barbara Bouffard | Comments are off for this post Funding Insights from British Business Finance Week: Start-up Loans and Business Angels Taking the decision to turn your idea into a reality is a truly exciting step. Finding proper support is essential in those early moments so last week I travelled to Business Finance Week to explore all the opportunities that can help kickstart your [...]
9 November 2023 by Barbara Bouffard | Comments are off for this post From Patent to Profit: The Story of SPANX and Sara Blakely Talking about Intellectual Property usually means discussing how much patents are really worth, especially with so many legal battles over patent rights and disagreements. Many believe that a patent is only as valuable as the money you have to back it up in court. [...]
26 October 2023 by Barbara Bouffard | Comments are off for this post How to get funding for an idea: Navigating the Pathways of Early-Stage Funding Are you eager to bring your groundbreaking idea to life but finding yourself stuck at the initial hurdle of funding? While self-funding is often preferable and can give you control over your project, it can be useful to look to external sources. [...]
11 October 2023 by Barbara Bouffard | Comments are off for this post Meet Donna our new Lead Fashion and Textile Designer Industry Leading Design The design team has a new addition, and we are super excited to introduce Donna, our Lead Fashion and Textile Designer. She oversees the fabric projects that we work on and ensures that the team develops market-leading designs. Donna has designed for some [...]
11 July 2023 by James Mcinerny | Comments are off for this post Innovate celebrates World IP Day at the House of Commons We noticed a couple of interesting funding opportunities which might be useful if you are considering, or already developing a new product idea. £25 million in grants Innovate UK, part of UK Research and Innovation, is offering grants totalling up to £25 million for "game-changing [...]
8 July 2023 by Barbara Bouffard | Comments are off for this post Design Competition Winning Dublin student creates new flossing device for teeth cleaning Many congratulations to Christopher Kenny, a student from Technological University Dublin, who has won this year’s Design Innovation in Plastics (DIP) competition with an ingenious bathroom item. We would also like to congratulate Innovates' winner Kyle Farquhar, a student from Edinburgh Napier University. [...]
21 June 2023 by Barbara Bouffard | Comments are off for this post Unlocking Success: Crowdfunding's Role in Overcoming Market Failure According to CB Insights, a staggering 42% of start-ups fail due to a lack of market need. However, crowdfunding is a remarkable avenue for entrepreneurs and inventors to validate their ideas, prove their market, and turn concepts into reality without investment. In this blog, we delve into [...]
13 June 2023 by James Mcinerny | Comments are off for this post How to buy customers and make more money from your product Buying customers may sound strange at first. You have a product to sell to customers - you didn't want to buy anything from them? But thinking about sales and marketing as simply buying customers can help you make more sales, and if you get [...]
