25th Oct 2018 PRESS RELEASE : On 30 October, a selected group of companies funded by the European Innovation Council (EIC) pilot will present their solutions to Electrolux at the Innovation Factory, a collaborative space which serves as the Electrolux Group’s hub for innovation with external partners. Powdertech Surface Science was one of the 14 companies selected to attend this exclusive event.
Located at Electrolux manufacturing site in Porcia, northern Italy, the Electrolux Innovation Factory facilitates alliances between suppliers, customers, incubators, startups, universities, SMEs, and other business partners to accelerate innovation projects. The facility also includes demonstration and test areas for both product and process solutions.
Powdertech Surface Science will have the opportunity to share its visions and showcase its innovations in the field of composite/metal bonding to Electrolux managers and to network with fellow SMEs.
“We are very pleased to be selected for this EIC pilot event as we believe that PowderBond, our metal/composite bonding solution, offers exciting development opportunities for Electrolux. The event will provide us with an excellent basis for discussing how PowderBond could bring significant benefits to this forward- thinking company. ” said James Grant, Director, Powdertech Surface Science.
The initiative will be hosted by Electrolux Open Innovation, whose purpose is to identify new business opportunities across the entire value chain of the company and support the transformation of external innovation into tangible solutions for the company.
The principles of Open Innovation underlined by Electrolux, are aligned with one of the objectives of the EIC pilot: to support active collaboration between innovative small companies and large corporates. “The EIC should be the link between the start-ups and the corporates. By helping start-ups to access partners across value chains. From corporates to investors… and technology providers. At the same time large, corporates should be able to help start-ups to scale-up.”, said in a recent speech, Carlos Moedas, European Commissioner for Research, Science and Innovation.