Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with...

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Corporate slide master With guidelines for corporate presentations NutriWales Meeting 20.01.16 Cardiff City Stadium Developing an R&D Strategy Chris Price-Jones

Transcript of Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with...

Page 1: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentationsNutriWales Meeting

20.01.16Cardiff City Stadium

Developing an R&D Strategy

Chris Price-Jones

Page 2: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide ma

With guidelines for corporate presentations

Innovation Model

Goffin and Mitchell, 2005

Page 3: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Timing & Planning

Page 4: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Where do you want to be?

Sell More in Current

Market

New

Markets

New Products

New Product Development

New Market Penetration Diversification

Too Radical?

Page 5: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Case Study – TasteTech Ltd

Page 6: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Improving R&D Capabilities

Page 7: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Content

Company Overview

Encapsulation Technology

R&D at TasteTech pre 2014

Creating a Research & Development Strategy

Funding

R&D Project Case studies

Page 8: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

A leader in the field of microencapsulation technology – established 1992

Specialist manufacturer of controlled release food flavourings and ingredients

Flavour house – develop our own flavourings

Partnership with customers to solve technical and

manufacturing issues

Providing solutions to food manufacturers worldwide

Prerequisite quality accreditations

Company Overview

Page 9: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Exporting to 38 countries

Page 10: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Encapsulation Technology Platforms

Page 11: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Spray Drying

Lipid Encapsulation

Fluid Bed Coating

Pilot and ‘Small Order’ Plants

Why Encapsulate?

Creating a barrier between incompatible substances

Reducing odour and taint on plant

Achieving controlled release of flavour and function

Taste masking

Targeted delivery

Turning a liquid into a powder with specific properties

‘Platforms’ + Benefits

Page 12: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Reactive – waiting for the next enquiry

Little study of why and how products worked

Limited resources

Out of touch with market requirements

No real long term NPD / R&D plan or strategy

Many good ideas but lack of prioritisation and focus

Also true for other departments…☺

R&D at TasteTech pre 2014

Page 13: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

BIC Innovation – Innovation Strategy

Creation of a more market focused company structure

R&D structured to focus on opportunities for technology platforms

Rolling 5 year R&D strategy developed and ratified

Support of focus markets BUT explore opportunities in new markets:

Human nutrition

Oral care

Animal Feed

Pharmaceutical

Continuous review of funding: Tax Credits; Grants; Chargeable R&D

Creating a Structure for Change

Page 14: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Core Markets – ‘Focus’

Page 15: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits
Page 16: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Obtain Funding

Page 17: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

R&D Project Case Studies

WEGF

‘Improved Bread

Preservation’

Encapsulated Sorbic Acid

I4G

‘Flavour Sensations’

New Encapsulation

Technology Platform

Page 18: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

WEGF funding enabled the recruitment of staff to create the restructure

Two food technologistsAnalytical Chemist

R&D Administrator

Product Manager

Project to optimise Encapsulated Sorbic Acid for bread preservation

Rigorous testing of products: Cardiff Met Food Centre; Campden BRI

Funding assisted with equipping of Bakery and Analytical laboratories

2 new products launched so far - 10 MT produced for major UK bakery

White paper published

Improved Bread Preservation

Page 19: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

SorbicPlus Encapsulated Sorbic Acid

Sorbic Acid Crystals

Page 20: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Funding under I4G enabled development of a 30 year old idea

Recent developments in carbohydrates allowed new barrier development

Applications: Chocolate – burst release of flavour upon consumption

Biscuit cream – burst release of flavour on consumption

Chewing Gum – less flavouring lost into the gum base

Advantages include minimal odour but spectacular flavour release

Proving to be very effective in these and other applications

First order for pre-production tests received last week!

New Flavouring Encapsulation Platform

Page 21: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

New Flavouring Encapsulation System

Page 22: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

R&D – To Infinity and Beyond!

Page 23: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Peter Sargent – Head of Research & Development

Email: [email protected]

Tel: 0117 971 2719

Mobile: 07824 150784

www.tastetech.com

Wilverley Industrial Estate

813-815 Bath Road

Brislington Bristol BS4 5NL United Kingdom

Page 24: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Where do we start to develop an R&D strategy -• Engage with NutriWales• Engage with EEN• Use Innovate 2 Succeed – programme.• R&D tax credits may be a way to help to cover support &

facilitation when projects are identified.

Page 25: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Contact NutriWales through -Chris.Price–[email protected]

[email protected] 861536.

Page 26: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Page 27: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Page 28: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Page 29: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits
Page 30: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations

Page 31: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits
Page 32: Developing an R&D Strategy · Where do we start to develop an R&D strategy - • Engage with NutriWales • Engage with EEN • Use Innovate 2 Succeed – programme. • R&D tax credits

Corporate slide master

With guidelines for corporate presentations


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