Milton Keynes technology businesses should do more to take advantage of the opportunities to develop new ideas and products which are on their doorstep.
That's the view of Biztech, the business and technology forum for the South East Midlands (SEMLEP) region, which held a showcase visit to Cranfield University, where companies are being formed by students and former students.
“We were enthralled by the brilliant ideas being turned into great busnesses,” said Fredi Nonyelu, chairman of Biztech. “Professor Paul Shore hosted our visit to the EPSRC Centre for Innovative Manufacturing in Ultra Precision.
“As well as the making of innovative targets and parts for nuclear fusion reactors, solar power units, the James Webb space telescope, nose cone testing of Formula One racing cars and making artificial joints for fingers, there were some cracking examples of new ideas being turned into businesses.
“One of the students is in the process of producing a British machine that has the potential to take the place of two giant foreign ones by creating something the size of a washing machine. The business is called Loxham Precision and has the potential to be a major company.
“Another new business, called Watch it Made, gives children the tools and skills to make their own watches.
“If the SEMLEP economy is to grow, this is how it will do so, with brand new services and products that the world wants.”
Biztech's showcase visit to the EPSRC Centre for Innovative Manufacturing in Ultra Precision, at Cranfield University, was designed to highlight the great work being carried out in the SEMLEP region.