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proof-of-concept funding for new service ideas

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    • CommentAuthormartind
    • CommentTimeApr 30th 2007 edited
     
    What are people's experiences in getting funding for/supporting applications for, a new idea that could lead to a new service based on and application of existing technology, rather than a new 'widget' or product? Is it harder?easier? What are the pitfalls? Are there any funds running in universities that are looking to support just 'service sector' ideas?
    • CommentAuthorMax
    • CommentTimeMay 10th 2007 edited
     
    Good question Martin. Service design, often called Proposition design, is the fastest growing design discipline. Service design propositions also often lead to hardware development to deliver the service. It would appear that public sector initiatives and funders are yet to fully understand and catch up with this growing discipline.
    British Design Innovation has launched Innovation Bank which enables all type of service, technology and product proposition to be traded between originators (inc HEI's); strategic designers, industry, brnad owners and deal makers. The fund managers and investors in this environment make no distinction between service or product they are only interested in the overall proposition and its commercial value and IP. This is a new IP trading portal catering for all players in the innovation space. www.britishdesigninnovation.org
    • CommentAuthorMax
    • CommentTimeMay 10th 2007
     
    Sorry about gigantic logo - web site feedback - a preview button or edit comments facility would have been useful, I could have re-sized logo and not been embarrassed by the above. Hey Ho. At least members know we have launched Innovation Bank!

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