6 August 2024 by James Mcinerny | Comments are off for this post ÂŁ25m Funding Opportunity - Groundbreaking Ideas Wanted Innovate UK, part of UK Research and Innovation, recently announced the launch of its latest Smart Grants competition. This initiative is set to invest up to ÂŁ25 million in projects that promise to deliver significant economic impacts for the UK. This is a great opportunity for innovators with [...]
31 July 2024 by Barbara Bouffard | Comments are off for this post What is a patent worth? It is near impossible to work in the world of Intellectual Property without seeing regular discussions on whether patents are worth the paper they are written on. This is mainly because of the number of litigation cases regarding patent infringement and disputes; it is believed that patents are only worth [...]
23 July 2024 by James Mcinerny | Comments are off for this post The Best Ideas to Develop According to Experts Today we're reviewing some of the best ideas to develop according to Y Combinator, the powerhouse behind many of today’s most successful start-ups. Who is Y Combinator? Y Combinator is a leading start-up accelerator known for its unparalleled expertise in nurturing early-stage start-ups. Based in San Francisco, [...]
12 July 2024 by Barbara Bouffard | Comments are off for this post Glasgow students sweep the board at product design awards Winner creates self-powered cleaning device for feminine products Congratulations go to students from Glasgow School of Art, who have achieved an unprecedented clean sweep, filling the first three places in this year’s Design Innovation in Plastics (DIP) competition with their brilliant off-grid products. We are thrilled [...]
5 July 2024 by James Mcinerny | Comments are off for this post Five reasons owning a product-based business beats the 9-5 At Innovate Design, we believe in the power of innovation and entrepreneurship. Stepping away from the constraints of a traditional 9-5 job to create your own product business can be a transformative journey. Whether you have an idea for a product, fashion item, app or recipe, [...]
29 April 2024 by Barbara Bouffard | Comments are off for this post Licensing Your Invention: A Smart Strategy for Bringing Your Idea to Market When you have a great idea for a new product, it's natural to want to bring it to market yourself and reap all the rewards. Â There are traditionally two routes to market: self-manufacturing or licensing. Today, we look at the licensing option; it [...]
18 March 2024 by Barbara Bouffard | Comments are off for this post How Big Brands Embrace Open Innovation Big brand names still recognise the value that lies within individual inventors. These industry giants rely on the fresh perspective and ingenuity that comes from outside their company. Whether you're a DIY enthusiast with an idea that could interest Black & Decker, a household goods innovator for The Grommet, [...]
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 ÂŁ7M 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 [...]