NewswireToday - /newswire/ -
Huddersfield, W Yorks, United Kingdom, 2011/12/08 - Intelligent Formulation (IF) has announced the significant benefits that companies can gain through its partnership scheme - IntelligentFormulation.org.
Originally set up to deliver a business network for innovation in Formulation Technology via a public sector contract, Intelligent Formulation Limited has successfully managed the transition to private sector funding to emerge as a key player in facilitating innovation in the formulating industries.
Key to their operation is a flexible and open partnership scheme. Partnership is available in a number of tiers to suit companies of different sizes, as well as companies in the Supply Chain and individual academics. For example, IF offers Platinum partnership for Large companies, Gold partnership for Medium-sized companies (50-250 employees) and Silver partnership for Small Companies (under 50 employees). Of course, companies can ‘upgrade’ their membership to gain the extra benefits of a higher tier membership.
Partners in the Intelligent Formulation Innovation Network range from large multi-nationals, such as Reckitt Benckiser, Syngenta and P&G to innovative SMEs like Chamelic, Agenda1 and Micropore.
Says Jim Bullock, CEO of Intelligent Formulation: “Innovation in formulation is a growth area. Industries such as Pharmaceuticals, Food, Personal Care and Coatings depend on excellence in formulation to drive their top-line growth. Our SME partners gain significant advantage in the marketplace by being able to network with the multi-national partners on a level playing field. In return, our Platinum partners use the network to access exciting new technologies being developed in the innovative SME companies, as well as to share knowledge with other large companies in noncompeting fields”.
All partners can take advantage of facilitated networking and brokered contacts. As one of IF’s multinational partners said: “I placed this ‘need’ with a number of networks and by a very long way the response from Intelligent Formulation has been the most productive. The companies Intelligent Formulation identified were relevant and unknown to us so definitely has helped us.”
Partners get free attendance or discounted fees at events and training courses. Intelligent Formulation (intelligentformulation.org) regularly run events, both physical and web-based for its partner community: on average, there are two events per month, as well as training and CPD courses via the web and in person. Events give all partners the chance to network: “Thank you again for the opportunity. As an SME anything that helps to raise our profile with large multinationals is gold dust...”
Gold and Platinum partners also receive a consultancy voucher to enable them to kick-start a project straight away. Working with partners and other companies, IF undertakes consultancy projects and also develops and manages R&D and innovation projects and programmes, using the network and internal expertise to ensure the right delivery partner companies, academics, and deliverables. The consultancy voucher can be used to kick-start such projects, although of course these services are
offered to all companies outside of the partnership scheme