The project will be focused on 3 principle activities:

The development of vibrant and sustainable networks of Innovation (businesses, financial & educational institutions, support agencies) in each of the partner regions

Activities to support effective cooperation, collaboration and knowledge transfer across these regional networks of Innovation, and

The delivery of programmes of specialist innovation support services to stimulate the emergence and development of a new generation of innovative businesses and entrepreneurs.

The objectives of the project are to: a) support the development of a critical mass of new innovative businesses in North Sea Regions, and b) to help attain a cultural shift in business aspirations in North Sea Regions towards the creation of higher value knowledge based companies.

We would expect a raft of outcomes including:

• the establishment of new businesses based on sound business models,
• the survival and growth of a higher number of early stage innovative businesses,
• new jobs created and inward investment attracted as the result of a greater number of collaborations between SMEs, and between SMEs and the research base,
• new product designs being developed,
• a range of new technologies, products and services being trialled and brought to market,
• new licensing deals secured,
• increased sales and new markets accessed,
• an increase in R&D projects undertaken.

Norfolk Network

Yes