NESTA Announces Top 100 Open Innovation Global Winners

Celebrating the power of collaborative working NESTA today announced the winners of Open 100, a competition to find global companies and organisations which excel at ‘open innovation’ and exploit the power of mass collaboration. Open innovation is a growing trend among the private, public and third sector which allows new ideas, solutions and markets to be sourced from external partners, moving away from a reliance on traditional internal R&D. Open innovation strategies have become increasingly important as customers demand more service and product innovation at a faster speed, and where tough economic times require cheaper ways of developing new products and services. A recent survey by NESTA in conjunction with HI Network found that in response to the downturn, FTSE 100 b... »

Deadline Approaches for Queen’s Awards Entries

Businesses enjoying outstanding commercial success have until 30 October to enter the prestigious Queen’s Awards for Enterprise, which have been described as the equivalent of a “knighthood for businesses”. The awards, which are free to enter, are open to UK-based firms with at least two full-time employees and a record of commercial success in: international trade innovation sustainable development. For a chance to win the international trade accolade, businesses must demonstrate substantial growth in overseas earnings. To win the innovation award, entrants need to prove substantial development in business performance. In the sustainable development category, firms must be able to show they have advanced or continued their achievements of social or environmental objectiv... »