New Business Models in High Value Manufacturing Briefing The Village Hotel, Coryton, Cardiff Thursday, 7th March, 2013 Dr Malcolm Hannaby Lead Technologist, High Value Manufacturing MakieLab • A new business model based on User Design and 3D-printing Tech City Launchpad • Makielab is building a platform that will produce avatars, online games and 3D-printed toys • Selling Makies, the first ever user-designed, 3Dprinted action doll. Work is underway to enable users to further customise the digital avatar and to expand into digital and physical gaming. • They were funded by TSB in our Tech City Launchpad competition • They have recently secured an additional $1.4m in seed funding, led by early-stage investors Lifeline Ventures and Sunstone Capital http://makie.me/ 2 Business Models Canvas – Alexander Osterwalder 3 Business Models Canvas – MakieLab Based on 3D-Printing innovation Link customer in real & virtual worlds Lifeline Venture & Sunstone Capital 3D-Printer Unique Customer design Affluent Internet savy Children Internet enabled £99 per doll! 4 New Business Models in High Value Manufacturing • To encourage businesses to explore new business models supported by High Value Manufacturing innovation • Up to £500k grant funding for business led Feasibility Studies • Open to SME alone or in collaboration with other businesses • Projects of up to £33k with up to 75% project costs funded • Duration up to 4 months • One stage application process • If successful intent to fund Collaborative R&D in 2014 / 15 5 Key Dates • Competition opens 11 March • Briefing Webinar 26 March • Registration deadline 17 April • Application deadline 24 April • Grants awarded May / June • Collaboration Nation November Briefing Webinar registration at:https://connect.innovateuk.org/web/new-business-models-in-high-valuemanufacturing-competition-briefing-by-webinar/overview 6 New Business Models in High Value Manufacturing 7 Questions? https://connect.innovateuk.org/web/ new-hvm-business-models 8
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