Innovus
Innovus is a technology-based economic development programme that aims to support the development of new technology-based products and services, thus creating growth in existing businesses and supporting new startup businesses. The programme is supported by Britain’s Energy Coast and the Nuclear Decommissioning Authority and delivered by the National Nuclear Laboratory and The University of Manchester's Dalton Nuclear Institute. Innovus can be described diagrammatically:
Having identified a market need, an associated technology idea can be supported through to the market by the provision of:
- Technical and Business Support
- Funding
- Access to Facilities
These three components will allow the right technical development to be undertaken in good time. Successful technical development will lead into commercialisation and the creation of value for the market, provider and investor.