Young inventors showcase products at Central Research Lab event in London
Britain’s most exciting young entrepreneurs showcased their innovative new products at the Central Research Laboratory Accelerator Programme Demo Day in London this week.
Addressing global, environmental and health challenges, the inspiring inventors break the stereotype and, having completed CRL’s intensive six-month Accelerator Programme, are ready to launch their products for productive and long term business growth.
International and worldly, today’s inventors understand customers and they understand business. Britain is now home to leading, innovative small businesses and it attracts investors, makers and entrepreneurs from around the world who see it as a base from which to explore limitless opportunity in global markets.
The inspiring inventions that were showcased by the current Accelerator programme cohort include:
Pet Instincts’ wellbeing monitoring service that allows pet owners to monitor and care for their pets when they are not at home.
Brainpatch’s two-way brain computer interface that uses AI to deliver a range of applications for increasing productivity and happiness.
Ethiot’s monitoring device and smart controller which will help housing associations, landlords and home owners improve indoor air quality for tenants.
Findaa’s next-generation indoor tracking system which significantly reduces costs and improves efficiency across multiple industries.
Toby Kress, Managing Director, CRL said: “The energy and excitement at CRL’s Accelerator Programme Demo Day 2019 was incredible!
“The talent displayed by the latest cohort members is outstanding and CRL is immensely proud of them all.
“Our modern British inventors have, without a doubt, proven that they are breaking the stereotype of what it takes to be an inventor today.
“They are an inspiration. Innovation in Great Britain has an exciting future ahead!”
Pete Beckett, founder of Ethiot, said: “It’s been incredible, it really has. The response we’ve had has been overwhelmingly positive which echoes how I feel about the programme as a whole.
“CRL has taken Ethiot from early-stage prototype to pre-launch in a little under six months.
“And tonight was a great celebration of what has been achieved not only by us but all the founders in the cohort.”
CRL supports a select group of startups and scale-ups through product development, commercial strategy, and investor readiness.
The Accelerator Programme started in 2015 and is the longest running programme of its kind.
Nine out of ten startups fail worldwide, however, startups that join CRL’s Accelerator Programme have an 80% survival rate.
The CRL is supported by the European Regional Development Fund (ERDF) and since its launch in 2015, CRL has helped hundreds of startups build everything from the next generation of service robots to toys that help children suffering from chronic eczema.
London new building
To continue CRL’s success, planning permission has been secured to move to a new space in Hayes called the Powerhouse.
The new building will have three times more capacity than CRL currently occupies, allowing work with startups as they scale to team of 40+, and with corporate innovation teams working alongside CRL’s entrepreneurs.
The Powerhouse is due to be completed by the end of 2020.