New initiative aims to create Innovation Den at universityDec 02, 2013
The Innovation Den aims to brings new and growing businesses together with students and academics to develop the ideas, products and opportunities that will place Milton Keynes at the cutting edge of technological development.
The project, conceived by technology forum Biztech, was launched to businesses at a Biztech-hosted meeting at University Campus Milton Keynes.
It has the backing of senior business leaders and Milton Keynes Mayor Cllr Brian White. A business plan is being put together and the Innovation Den is expected to open in a matter of months, said university vice-chancellor Bill Rammell.
Biztech chairman Fredi Nonyelu (pictured with Cllr White) said: “The den is about creating space right in the heart of the city where business and innovators can mix and have access to the brightest students in a place that inspires creativity.”
It can also play a part in the success of Milton Keynes as a technology-led Smart city, he added. “Having cutting edge innovation can help other areas,” Mr Nonyelu said.
Mayor Cllr White, a former director of the Innovation Hub at the Open University, told the audience of businesspeople that the den should be at the forefront of turning ideas into reality, providing the support that allows those ideas to grow.
“This has to be something that does not play it safe,” he added. “It must take risks because the type of businesses that come out of the den are the key businesses of the future. They will make a difference to the people of Milton Keynes.
“It is a tremendous help for small businesses to have that support. Innovation does not just come from academics, from companies or from individuals. It comes from a variety of sources and we must not have barriers that stop people with ideas from coming forward.”