INNOVATION
Sussex Innovation launches the Innovation Masters programme alongside a new look and a fresh focus on purpose-led businesses
n£ 530,000 UK Community Renewal Fund project will deliver innovation coaching to hundreds of East Sussex companies ranging from start-up to scale-up nP rogramme set to launch in 2022 with 105 businesses targeted for intensive support nN et Zero and Covid recovery will be central to renewed focus on ‘innovation with impact’ Sussex Innovation has announced its winning bid to the UK Community Renewal Fund, which will provide £530,000 in funding to help the county’s business community unlock its potential for innovation. The Innovation Masters programme will involve a variety of activities purpose-built to respond to the needs of businesses at different stages of their journey:
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n A n Innovation Hit Squad to provide targeted, long-term consultative support for five of East Sussex’s highest potential mid-sized businesses, helping to harness untapped resources, embed innovative practices and develop new ideas. n M aster Sessions with specialist mentoring and group workshops to help 50 fast-growing SMEs improve creativity, productivity and skills throughout their team.
n A digital Lean Innovation training course for more than 600 early-stage and micro businesses to diagnose gaps in their experience and develop their skills, supplemented by one-to-one coaching. n An Investment Bootcamp to support 50 local businesses with developing a business plan and pitching their product with the aim of raising £100,000+ equity funding.
