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Thames Valley businesses recognised in UK Awards for most innovative SME

17:47 09 November in Markets by tvportalstage

The UK’s most innovative small and medium-sized companies were honoured, recently, at an awards ceremony at the Houses of Parliament. The awards recognise the many innovative successful projects that Innovate UK has co-funded in 2016. They celebrate the projects and companies that show the impact of innovation on business growth and the economy.

Delta Motorsport: Silverstone based Delta Motorsport was a shortlisted finalist for the “Innovation leading to business transformation” award.  Specialist in low carbon vehicle technologies Delta Motorsport has grown its business and is partnering with major names in the motor industry thanks to its innovative technologies. The company developed the MiTRE (Micro Turbine Range Extender) with Innovate UK support. This small, lightweight turbine feeds the vehicle’s battery via a generator, slowing power drain and helping electric vehicles match petrol and diesel equivalents for range. Leading niche sports car manufacturers Morgan and Ariel will feature the MiTRE in follow-on research and development projects from 2017.

Phynova:  The Long Hanborough based life science’s company Phynova is targeting global markets with its innovative food ingredient Reducose™ after a successful Innovate UK-supported project to scale-up production. The patented food ingredient has been developed to promote healthy blood glucose levels.  Scaling up production has enabled Phynova to produce enough Reducose™ for clinical and formulation trials. This in turn allowed it to apply for regulatory clearances for its novel food ingredient in a range of new markets, including the USA and China, as well as being used by a number of global food manufacturers putting it into biscuits and breakfast bars.

Isansys Lifecare:  Abingdon based Health business Isansys Lifecare has developed a wireless system that is revolutionising the monitoring of patients.  The groundbreaking monitoring system developed by Isansys Lifecare that receives signals from wireless sensors on a patient is being shipped to hospitals around the world – including Germany, Norway and India.  The patient status engine receives patients’ vital signs from wearable wireless sensors. It lets healthcare providers monitor patients at all times, in real time, wherever they are, allowing speedier detection of changes in their condition.

Researchers and clinicians are also using data from the system to investigate improved treatments for a host of conditions.

Gordon Murray Design:  The Surrey based business, set up by a former F-1 technical director, is taking innovative racing car design to the traditional factory floor.  The materials design and engineering business Gordon Murray Design is working with major motor manufacturers to supply its innovative manufacturing technology iStream®. The company’s technology allows car manufacturing to be set up with 80% lower investment than a traditional vehicle plant and for vehicles to be produced using 60% less energy. The business, launched in 2007, has grown from 7 to 110 staff and is now working with a number of manufacturers to apply iStream® technology to new vehicle designs. Innovate UK helped launch Gordon Murray Design and has continued to support the materials R&D.

Innovate UK Chief Executive Ruth McKernan said the: “small business awards showcase the stories behind some of the excellent new innovations that Innovate UK helps to get closer to market every year. They also help Parliamentarians see how vital business-led innovation is to growing the economy and any industrial strategy”.