Innovation from the Tees Valley has made its mark across the world. The strength of the skills base and work ethic, coupled with this spirit of inventiveness, has long given the area an outstanding reputation for engineering and manufacturing excellence. And now, with the massive potential offered by emerging sectors such as digital, biologics and healthcare, significant new opportunities are opening up for the area. With its ability to adapt and change to meet global demands, Tees Valley stands out as a great place to trade, partner and invest in.
Innovate Tees Valley exists to help individuals and companies capitalise on these assets and opportunities. Combining the resources, expertise and networks of its four partners – Teesside University, DigitalCity, NEPIC and the Materials Processing Institute – it provides the platform to help build innovation capacity and break into new markets and sectors with new products and services.
The aim is to focus on what businesses need, drawing support from across a range of services and products and connections that can best help companies to innovate and grow. With the support of a dedicated business innovation manager, businesses can have access to:
- Innovation Workshops on generating new ideas and turning them into action
- Help to identify innovation gaps and opportunities
- Technical consultancy on innovation challenges
- Bid-writing to research and innovation funding pots
- Support with introducing digital innovation into your business
- Facilities including 3D printing, specialist testing equipment and lab space
- Graduate placements – lasting up to 12 months
- Market intelligence, networks, partners and wider financial support
Innovate Tees Valley is a part-funded service available to growth-oriented Tees Valley businesses employing fewer than 250 staff and with an annual turnover of no greater than €50m per annum.
The project has been developed in response to a call from the government and the Tees Valley Unlimited Local Enterprise Partnership to increase the number of businesses which are innovation-active and to support them to overcome growth barriers and find markets for new or enhanced products or services.
The project has received up to £3.8m of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.