The Centre for Process Innovation (CPI) has hosted students from Middlesbrough College during a knowledge-sharing event designed to educate students as to the importance of innovation and the development of good ideas into commercial products.
Seventy-five Computing, Mechanical Engineering and Electrical Engineering students attended the Innovation and Entrepreneurial Workshop and benefited from tutorials and mentoring from CPI’s industry experts. They were taught about the varied routes to market for successful and innovative ideas, why technology innovation needs to be focussed on problem-solving and the basic elements required to pitch ideas to potential investors.
With tutorials given by proven business managers on the importance of successful and concise communication of key points when seeking investors for innovative, problem solving ideas, the students were then asked to work on, develop and deliver a Dragon’s Den-style pitch to the panel of experts and full auditorium.
The day was an excellent opportunity for the students to receive expert guidance and tutorship, and an example of CPI’s continued mentoring of exceptional students and the UK’s next generation of entrepreneurs.
CPI works in the innovation space between the discovery of an idea (where university work typically concentrates) and the delivery of a product or service to the commercial market. It develops ideas, influences the forced evolution of technologies, proves concepts and works with universities by working with spin-out companies and offering industrial mentoring to exceptional Masters and PhD students.
Esteban Chaparro, Business Development at CPI says “We believe it is vital for the UK economy that new generations are able to satisfy future market needs through technology innovation. We had an exciting day and an excellent response from the students, we hope this has generated enough enthusiasm within them to carry on studying science and learn how to apply it to the real world.”
"At Middlesbrough College, we are always striving to provide the best teaching and learning experience so it was fantastic for our students to benefit from the knowledge of CPI's industry experts. We encourage innovation and creative thinking and to be able to offer them practical experience of delivering a pitch was particularly useful."
Ian Smith, Acting Director of Engineering and Computing at Middlesbrough College