There are many small businesses in the Agrifood industry and margins are often tight. Time for innovation is also scarce.
Innovation Vouchers present an ideal opportunity for a business to think about how outside help and working with others can help them to grow their business profitably. It's a low risk way to explore new ideas that could make a real difference.
The global agricultural industry faces major challenges as it aims to produce sufficient food to meet anticipated future demand and meet changing public expectations. Rising raw material and energy costs and increasing regulation around greenhouse gas emissions and waste management also pose significant economic and operational challenges to the agriculture and food sectors – particularly smaller companies without internal R&D departments.
New technology-based solutions are needed to overcome these challenges. An example could be smaller food manufacturers who don't have in-house resources to help them to respond to the increased demands to improve the nutritional value of their products.
The UK has real strength in biological sciences and other underpinning research areas for agrifood so there is plenty of expertise for businesses to tap into right across the UK. An Innovation Voucher could help you to see how expert advice can work for your business.
Examples for how innovation vouchers could be used in this first round for agriculture (including horticulture and aquaculture), food and drink could include:
You may already have an idea where to find the expertise you are looking for and would like some other options to consider, or perhaps you are not sure yet.
Whatever is the case, we have put together some ideas on this portal for how to choose a supplier and details of organisations, such as our Knowledge Transfer Networks, who can provide you further information. We hope these suggestions will guide you to the knowledge you need.
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