THE INNOVATOR'S CHALLENGE
The Need to up your Game
Innovative small and medium sized businesses (SMEs) struggle to bridge the gap between creating their innovation and actually securing orders for it, especially from large user corporations. They may be unaware of or unable to provide the assurances of long-term business viability that corporate finance departments require.
Part of the challenge innovators have comes from their technology-focused mindset and limited horizons. The UKII asks the tough and unpalatable questions to prepare innovators to get at least first base and not stumble at the first hurdle.
The UKII:
- Questions your appetite for pain
- Provides Business Reality Check
- Gives Hard truths about Corporates
- Helps Grasp Corporate Mindsets
- Gets you punching above your weight
- Helps Futureproof your Innovation
How the UKII can help bridge the gap between innovators and corporates
- We are a campaigning body, aiming to facilitate the uptake of innovation in the area of IT security and risk reduction by adjusting mindsets in both by corporates and by SME innovators to help create a better climate for innovation transfer from small to large organisations. We aim to get SME innovators to up their game and to get corporates to lower their barriers to adoption
- We are an advisory body, to help innovators express their innovations in business terms and get to first base. We point to some of the more likely legal, cultural, and business related minefields.
- We build initial links between innovators and corporates through our process. We encourage innovative SMEs in IT security to submit their response to our questionnaire asking them to express their innovations in business terms, with reference to business pain points, future-proofability and scalability. We evaluate and submit these innovations to our Advisory Panel. We look for originality and relevance to current business issues. We also look for synergies between innovations, and by evaluating submitted innovations in business terms, provide a rudimentary first step due diligence – a consensus that a submitted innovation moves from “something that may be worth looking at” to “something that is worth looking at”.
Our approach, steeped in practical experience at both ends – both innovator and corporate – is designed to:
- help prepare innovators to take better advantage of the myriad sources of help, advice and finance available.
- enable corporates to save time and money by bringing to them more clarity and business focus from innovators.
