WMG unveils £12m tech centre to help SMEs

WARWICK Manufacturing Group has launched a £12 million programme to help the region’s SME access some the world’s leading product and service design technology.  

The new International  Institute for Product and Service Innovation (IIPSI) at WMG at the University of Warwick, is jointly funded by the European Regional Development Fund and the University of Warwick in a funding partnership brought together by the regional development agency, Advantage West Midlands (AWM).
 
The new institute will  have its own building by the summer of 2012,  where engineers and innovators from local SMEs can experience the technology for themselves and talk to experts.
 
The institute will bring into one place some of the world’s leading product and service technologies including multi functional polymers that enable advanced electronics and functionality to be embedded in three dimensional plastic moulded components, and digital design tools that will allow the creation of virtual products that can shared with production partners.
 
WMG’s director, Professor Lord Kumar Bhattacharyya, said: “Today even the most low tech of products benefit enormously from the latest design technology in creating them and fitting them for the marketplace.  The best product design technology will ensure that even the sound, feel and look of a product is perfected and even tailored to the customer’s desires. This new International Institute for Product and Service Innovation will allow Midlands SME to find the technology they need to deliver that customer expectation”