Bytestart - The online small business portal
Search over 1700 Articles!


Comprehensive Online Business Insurance
Tailored PI, Office, Public and Employers' Liability Insurance.
Are you covered? Read our Essential PI Guide.
Get a Quote and buy online in minutes.


Funding for future inventors helps small business inventions to the market

 print  e-mail 

The National Physical Laboratory (NPL) is calling on innovators to come forward and share in a £500,000 fund made available by the DTI for solving measurement problems. As part of the Measurement for Innovators Programme, small to medium sized businesses are offered scientific help from the world-renowned experts at NPL to bring their ideas one step closer to commercialisation.

One year into the programme, 70 small companies are currently receiving consultancy from NPL. However, with just one more year to go NPL is urging small businesses to put their ideas forward before they miss out on this unique opportunity.

The funds are available to businesses with up to 250 employees, which have measurement issues with products that are nearly ready to be marketed. The expertise of the NPL scientists involved in the programme will be matched to the issue put forward by the small business, so companies will get the best possible advice available.

“To bring a product to market you need to be able to prove it does what you claim it does,” said Colin Mackechnie, Knowledge Transfer Executive at NPL. “The specialist measurement testing available from NPL can provide the scientific proof that is needed to take the next step, for example attracting investors.”

Robert Gunn, Deputy Director of NMS Directorate at the DTI, said: “The DTI is committed to innovation in the UK and launched this scheme with the National Measurement System Laboratories to help small businesses to refine their near market products”.

One of the businesses benefiting from the scheme is Ultrasonics Technologies, run by Henry Ratcliff. Retired engineer Henry developed a product that can be used to disinfect water, help in the processing of food and treat waste generated from the production of oil. Henry’s device is novel because the design achieves very high levels of power efficiency, which in turn gives better economy and longer life. NPL was able to help by applying their unique technology that tests the distribution of ultrasonic energy in a device. Using it they tested Henry’s invention and proved that the underlying idea was sound. As a result of NPL’s report an American company is expressing interest in manufacturing the product.

The programme is a response to the 2003 Innovation Report, published by the Government. The report focused on the contribution innovation could make to driving up UK productivity.


For further information on this programme visit http://www.npl.co.uk/measurement_for_innovators or contact NPL at enquiry@npl.co.uk or +44 20 8943 6880 for expert help.

Posted September 15, 2005


  • For essential Business Insurance - including PI cover, visit Hiscox
  • Compare business insurance quotes with Coverzones.com
  • You can set up a Limited Company online right away via our partner - Duport
  • For 2 Years Free Banking, try Alliance and Leicester

Latest articles in Latest News
 
UK's small business owners work half a billion hours a year
[November 13, 2008] Small business entrepreneurs in the UK are chalking up more than half a billion man hours worth £1,046 billion to the UK economy every year, a study conducted for business insurer Hiscox reveals.
 
Dragons' Den panellists - how would they do at Top Trumps?
[November 12, 2008] Viewers of the Dragons' Den will have strong views about the panellists who dish out advice to would-be entrepreneurs. In the spirit of fun, here are the biographies of the Dragons - done in the style of Top Trumps.
 
Businesses hope to benefit from dramatic BoE interest rate cut
[November 6, 2008] At midday, the Bank of England surprised even the optimists by slashing interest rates by 1.5 percentage points. The base rate now stands at 3%, the lowest for over fifty years, raising hopes that small businesses may receive some much needed relief.
 
Big is Bust, Micro is Mega - How the Government can help small business through the "crunch"
[November 5, 2008] Tony Robinson OBE and founder of SFED, tells Bytestart readers how the Government can help small businesses through the credit crunch.
 
Christmas parties canned as employers forced to turn into "Scrooge" this year
[October 31, 2008] With the economic downturn now firmly upon us, research from the leading employment law firm in the UK suggests that the vast majority of employers are planning to ditch their Christmas party to save costs.
 
Zoologist turned micro-brewer scoops Rural Entrepreneur award
[October 31, 2008] A 28 year old zoologist has scooped the 2008 Young Rural Entrepreneur of the Year award following the success of his micro-brewery business in Northumberland.
 
Government pledges £350m to help small companies - but is it enough?
[October 22, 2008] The Government has announced a £350m "productivity training" package to help small companies - but no real help from the twin burdens of taxation and regulations that we really need.
 
Entrepreneurs need more pro-business Government action
[October 15, 2008] According to an entrepreneur think tank, business owners need the government to adopt more business-friendly policies to help them remain competitive. 26% of those polled are considering setting up shop overseas.
 
Applications invited for new Gerry Robinson TV series
[October 14, 2008] If your business isn't doing as well as it should be - and you'd like to get some advice from a hugely experienced businessman to help you to get things back on track you might want to consider applying to feature in a new TV series.
 
Small company staff redundancies set to rise as downturn deepens
[October 10, 2008] A business organisation has warned that spiralling costs and a lack of credit is forcing some small companies to consider making staff redundant in order to survive the downturn.
 
BCC, IMF reports show UK economy already in recession
[October 9, 2008] The latest quarterly survey released by the BCC, based on 5000 business responses, shows that the UK is now in a worsening recession. The IMF expects the country to suffer a downturn similar to that of the early 1990's.
 
UK businesses determined to survive despite economic turmoil
[October 6, 2008] Despite 12 months of economic turmoil, the latest UK Enterprise Survey Report shows that UK companies are determined to survive, and remain optimistic about the future.
 
More and more company directors moving "up north"
[October 3, 2008] A survey of company directors has revealed that more and more of them are choosing to live outside the capital and the South East, with ‘a gradual migration of company directors from the South of England, to more northerly regions, as well as Scotland and Wales’.
 
What the Conservatives propose to do for small businesses
[September 30, 2008] With the Tory conference in full swing, what exactly do the Conservatives propose to do to help UK businesses?
 
Most entrepreneurs do not have a proper exit strategy
[September 29, 2008] The vast majority of entrepreneurs in the UK are risking long-term business success by not giving proper thought to their exit strategies, according to business advisory firm, Deloitte.
 
 Our Partners
Hiscox Office Insurance
Instant Online Quotation
Compare Quotes
With Coverzones.com
Form a Limited Company
Complete Online Service
Business Insurance
Get Essential Cover
2 Years FREE Banking
Alliance & Leicester
Free Day-to-Day Banking
Abbey - 0800 085 3099
New Client Worries?
Online Company Checking
Public Liability Cover
Are You Insured?


 Key Services
Fixed Fee Accounting
Award winning service
£20 Free Postage
& 30 Day No Ties Trial
Virtual Office Service
For full details click here.
Cashflow Problems?
Try Invoice Financing
Phone and Broadband
Great deals for business





News Archive Pages
1 : 2 : 3 : 4 : 5 : 6 : 7 : 8 : 9 : 10 : 11 : 12 : 13 : 14 : 15 : 16 : 17 : 18 : 19 : 20 : 21



 



Start-Up Guide
Our complete guide to setting up a business.