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Israeli innovation agency offers services for "next generation" product formulation and development, especially for traditional industries (BOIL20170704001)


 ISRAEL

Business partnering opportunity 
Created: 04/07/2017
Last updated: 27/10/2017
Fecha límite: 27/10/2018

Resumen

The Israeli innovation agency specializes in assisting companies, especially from traditional industries, to formulate and develop original - yet practical - products or services, which will become the company's new source of income. The agency is looking for companies that are interested in successfully launching an original product on the market, by means of a service agreement.


Partnership(s) sought

  • Services agreement

Descripción completa

An Israeli innovation agency which specializes in developing innovative concepts into practical new products for different industrial entities, especially from traditional industries, offers its services. Through a services agreement, the Israeli agency can offer a product-development program for the company at hand, consisting of suggestions for innovative and beneficial ideas to implement, followed by practical ways to apply and produce each idea, with new technologies and components. Ideas that would be suggested by the Israeli innovation agency are business oriented, with a relatively short time-to-market.

The process in which the agency works is in three stages:
1. The first is idea formulation based on creative thinking and a lot of experience, with minimal involvement by the client. The main result of this stage is to devise ways to create new sources of income for the company, based on novel products or services it will introduce to the market.
2. The second is a specific development program devised with the company, in order to bring this novel product or service to fruition, within 12 months maximum. We use experts in the field, and display a detailed process and budget needed to develop the new product/service.
3. The third step is accompanying the company through the entire development process, till the product or service is successfully launched.


Socio buscado:

- Specific area of activity of the partner: The innovation agency is looking for companies/ manufacturers that work in any kind of the traditional sector, and want to renovate their line of products. Traditional industries may consist of food and beverages manufacturers, textiles, beauty products and cosmetics, and many more.

New ideas will be presented to the clients, who will be led throughout the development process, until the product is launched.


Advantages & innovations:

• The agency formulates ideas based on extensive research and relevance, as well as a widespread network of specialists in: industrial design, food technology, patenting, chemistry and other fields, and adds various experts from other disciplines as needed.
• The agency works in close cooperation with experts from the academia: The Hebrew University of Jerusalem, Technion – Israel Institute of Technology, Tel Aviv University, Weizmann Institute of Science.
• The agency carries out processes with minimal client involvement. Results are submitted to the client within a relatively short period (3-4 months).
• The process ends only when the company introduces at least one new product on the market.
• All new products formulated by this process are always patentable.


Development Stage:

Already on the market


IPR:

Other

Clasificado como: Servicios financieros, legales, profesionales y otros   


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