World leading companies pitch up in Harrogate for formulation conference

Companies in involved in formulated product design have the chance this autumn to join over 200 delegates and some of the world’s largest companies at an international one day business matchmaking and networking event.

Held in Harrogate on November 25th, ‘Formulated Product Design: Kick-Starting Open Innovation’ will give companies the opportunity to pitch their business and technology ideas to companies including Procter & Gamble, AkzoNobel, Cadbury Kraft and Reckitt Benckiser.

Delegates will get to learn more about exactly what large companies are looking for and how best to approach working in the supply chain of big multinationals.

Also attending will be advisors from across Europe scouting for new opportunities on behalf the world’s largest business support network – ‘Enterprise Europe Network’.

The event is open to any company involved in food, pharmaceuticals and healthcare, personal and homecare products, coatings, construction or industrial products wishing to apply open innovation principles, exchange technologies and identify partners in both in UK and overseas.

Speaking at the conference will be Mike Addison, who works on new business development opportunities for P&G in the UK. He said:

“Through P&G’s open innovation programme, ‘Connect and Develop’, more than half of new product and commercial initiatives involve collaboration with outside innovators. Events like this are a great opportunity to engage with people who can help us to bring new, innovative products to market – and into the lives of consumers.”

‘Formulated Product Design: Kick-Starting Open Innovation’ is being organised jointly by technology transfer company, RTC North, Enterprise Europe Network and Intelligent Formulation, which runs the Yorkshire based network Formulation Innovation Network.

Martin McGurk is a senior technology consultant working on RTC North’s ‘Connect 2 Ideas’ service – set up to broker deals on new products between large and small companies. He added:

“Increasingly, multinational companies are adopting ‘open innovation’ strategies which recognise the wealth of technologies available for transfer from SMEs and R&D bodies. This event is a great way for companies to get introduced to some of the most influential players in their sector.”

Yorkshire Forward funds the region’s gateway to Enterprise Europe Network – one of the world’s largest business support networks. Jim Farmery is Yorkshire Forward Assistant Director of Business. He said:

“The European market holds many commercial opportunities for small businesses and is a rich source of new technology and innovation. For those involved in formulation technology, this event is a great place to start looking for new partners. Advisors from Enterprise Europe Network will be on hand to help expand your horizons and reach new markets through innovation.”

Jim Bullock, CEO of Intelligent Formulation, added:

“We recognise that there is huge potential for our members to get involved in the open innovation networks of large companies and the day long programme will focus on facilitating introductions and improving how young companies ‘pitch’ their ideas.”

If you have propositions which can help other companies develop their formulated products or are looking for new ideas to accelerate your own innovation then register at http://www.rtcnorth.co.uk/events