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World IP Day

World IP Day 2023 Today is World Intellectual Property Day, which is a great opportunity to highlight the role that Intellectual Property (IP) rights, such as, patents, trademarks, registered designs and copyright, play in encouraging innovation and creativity.  Here at Innovate, we understand the power of IP and have a wealth of experience of harnessing [...]

Understand your product's potential

Understand your product's potential When you are developing a product you are developing something you can sell for a profit, something you can make a business from (assuming you are a for-profit business!). We define the goal of a product based on Josh Kaufman's definition, in three parts: A product customers want to buy At [...]

Don't create a perfect product, ask Apple

Don't create a perfect product, ask Apple Launch your product faster, and for less money as an MLP MLP or Minimum Loveable Product is the minimum product that customers will love, and nothing more. This is exactly what Apple did with the original iPhone. The first iPhone was a step change in mobile phone design, [...]

The UK Innovation Revolution

The UK Innovation Revolution Science, Innovation and Technology The UK government has announced a new Science, Innovation and Technology department, created to boost the UK economy. It has the potential to start an innovation revolution and has been met with approval by the UK's startup community. Katie Gallagher, Chair of the UK Tech Cluster Group, [...]

Open Innovation, an opportunity for inventors.

Open Innovation, an opportunity for inventors. What is open Innovation? Open innovation refers to the approach of seeking input and ideas from outside as well as inside a company or organisation, to drive innovation. Thus, open innovation involves sharing knowledge and information about challenges and seeking ideas and solutions from outside the company or organisation. [...]

Ideas for the kitchen and bathroom sought in 2023 student plastics design competition

Ideas for the kitchen and bathroom sought in 2023 student plastics design competition Budding designers interested in working with plastics have been set a challenge by the Design Innovation in Plastics (DIP) competition to design a new product for the kitchen or bathroom. The 2023 competition, which will be contested by university undergraduates all over [...]

New app that focuses on being kind is racing ahead of TikTok in app store ratings!

New app that focuses on being kind is racing ahead of TikTok in app store ratings! Gas is a new app that focuses on being kind and building confidence among your friend group. The latest craze amongst teenagers in the US, you can “gas someone up” – pay them an anonymous compliment, to boost their [...]

Funding Opportunity - Fashion and Textile products

Funding Opportunity - Fashion and Textile products Mango is investing £ 2.5 million in fashion start-ups A few months ago Mango announced it is creating a £2.5 million fashion start-up accelerator fund to help up to 50 companies develop their fashion businesses. For those who don't know, an accelerator typically helps early-stage companies which have [...]

Licensing an Invention

Licensing an Invention - the unknown way of commercialising an idea When we think of commercialising an invention, we often forget about licensing, however, it requires less capital investment and therefore you take less risks. Licensed products are all around us. You will have heard of licensing in the music industry or for large brands [...]