Redpill Group and Fraunhofer announce a new dawn of pan-European innovation.
BIRMINGHAM & LEIPZIG, 17TH AUGUST 2016
Today Redpill Group and Fraunhofer, Europe’s largest application-oriented research organization, announce the signing of an MOU, designed to take pan-European R&D, innovation and technology commercialisation to the next level.
The decision by the UK to leave the EU has sent shock waves through the British and European research and innovation community. Tales of EU partners backing away from project partnership with UK universities abound and young technology companies tell of investment and licensing delays in the face of great uncertainty. All this in the context of potentially seismic political change in the US, apparent weakening of Sino-UK commercial ties and the overarching global security unease.
Times certainly are a-changin’.
So, now is the time to step-up. Now is the time to forge new partnerships, to raise the bar and to deliver even greater value, in the face of, and in spite of, the uncertainty that plagues the less bold.
As strategy consultants and innovators in urban technologies, Fraunhofer and Redpill will work together internationally to incubate, build and support new companies and accelerate their growth in global markets. Redpill will engage Fraunhofer capabilities to support technology innovation and enterprise, developing new products and services applied specifically to citizen-centric smart city projects. We will work with our city and municipal clients to ensure that they benefit fully from this new partnership, creating new markets, opening up commercial opportunities and driving new business creation.
It is in this spirit that Redpill has also crafted a second new relationship, announced today, between Fraunhofer and Birmingham City University. This groundbreaking initiative builds on the recent development of a number of significant projects where the University is playing a leading role, including STEAMHouse, the Birmingham Knowledge Hub, the newly formed West Midlands Combined Universities (WMCU) and the launch of the six-strong Midlands Enterprise Universities.
With over 24,000 staff, Fraunhofer’s applied research and innovation efforts are geared entirely to people’s needs: health, security, communication, energy and the environment. Core partners at the Leipzig--based Fraunhofer Center for International Management and Knowledge Economy, IMW, will bring their economic, social, political and cultural scientific expertise to answer questions relating to Knowledge and Technology Transfer, Corporate Development in International Competition, Sustainability Management and Infrastructure Economics. This international capability will be married with the University’s applied research strengths across the Creative Industries, Social Sciences, Architecture and Urban Development, Transport & Mobility, Cyber Security and Digital Technologies, among others.
‘Brexit’, whatever that means, is what you make of it.
Redpill Group Ltd.