One of the most interesting speakers at The British International Innovation & Technology Conference and Exhibition was from the The Boots Centre for Innovation. It was good to hear that an organisation as large and bureaucratic as Boots is prepared to do something radical in order to foster innovation.
They recognised that getting new ideas from inside the company was not the most effective way to deliver new products to the market. So they teamed up with the Institute of Life Science at Swansea University, the Welsh Assembly and Longbow Capital to build a new centre based in Swansea ,investing Â£3 million of Boots money.
They can provide support and funding for the development of innovative products and technologies. But are particularly looking for new ideas for products in the following ten areas:
1 Improve and maintain the health, look and feel of skin
2 Improve the health and appearance of teeth and gums
3 Devices that enable people to monitor key aspects of their health
4 Improve the health, appearance and comfort of eyes
5 Improve digestive health, particularly issues related to stress, poor diet and obesity
6 Minimise the severity and duration of pain
7 Improve quality of sleep for everyone [including pregnant women, babies and the elderly]
8 Minimise the complications of living with diabetes
9 Anti-ageing products and devices for mind and body
10 Create more convenient methods of taking and using medicines and health products