Investor in Innovations® is an integrated, leading-edge Standard that offers a practical way for an organisation to assess, validate and benchmark its innovation capability. It uses a well-defined six-category Framework that brings together: strategy and alignment; organisational readiness; core capabilities, technologies and IP; industry foresight; customer awareness and impact and value. In addition, Investor in Innovations® is a business diagnostic, used to understand where an organisation is and where it needs to be from an innovation standpoint. A coherent Action Plan to close the innovation gap is a key outcome from this programme.
The resulting impact is a stronger innovation culture, opportunities for performance improvement, diversification (product and market) and a visible differentiation of your organisation as an innovation leader.
Achieving the Investor in Innovations® Award will enable your organisation to demonstrate to its stakeholders its strategic commitment to innovation, has been validated independently.
The Investor in Innovations® standard was published in the prestigious Science in Parliament Journal. Click here to read the article.
Businesses, private and public sector organisations
Investor in Innovations helps your organisation to build:
Thus, differentiating your organisation as an innovation leader.
“We’ve been quite impressed, if not slightly startled about how thorough the whole process is and the quality of the peer review that come from other industry experts, so we found it a very valuable but challenging process and it’s helped us now build improvement plans to get even better at innovation.”
Dr Alvin Wilby, Vice President Thales Group, Dec 2015
“Universities have the potential to be innovation engines for the economy, using their knowledge and expertise to catalyse socioeconomic development – and Plymouth is very proud of its track record in this field. Undergoing the Investor in Innovations Standard has helped us to refine and refocus our innovation efforts and align these with the University’s overall Business Strategy.”
Professor Simon Payne, Deputy Vice-Chancellor, Oct 2015
"This award is official recognition for the culture of innovation at TyneMet. Its new IGNITE Centre for Engineering and Innovation is a prime example of this. Providing the specialist capability to embed the innovation skills in the workforce. It will also make a telling contribution to the LEP's Strategic Economic Plan of creating more and better jobs for the North East economy."
Hans Möller, North East LEP Innovation Director, Oct 2015