‘Meet the Primes’SETsquared Open Innovation Programme

Simon Bond

SETsquared OIP 2012

RESULT: £100,000 funding for Mindings to pilot within a local integrated health and social care system in the Midlands &East of England.

IPO Fast Forward Competition:•Broker Open Innovation relationships•10 Primes / +50 Ventures / Research Groups•Model to create scale•Disseminate

SETsquared OIP 2013/14

Webinar briefing to SETsquared Centres to cover aims, engagement processes, &c domain interests.

Initial Venture Filtering of 150+ ventures against initial agreed Domains by SETsquared Centres.

“Shortlisted” companies briefed on Prime’s needs, expectations & follow up processes.

Venture “pitches” reviewed by SETsquared for accuracy, completeness & clarity against Brief.

Final checked submissions made to Prime F2F and Event follow up at SETsquared or Prime’s location.

Joint webinar between Prime & SETsquared to review learnings – and identify further domains.

           Plan Search Brief Check Respond Review

SETsquared OIP Model

SETsquared OIP

• TAILORED engagement is more valued than MASS engagement

• Manage expectations – put MUTUAL LEARNING before DEAL FLOW

• Conformity to Primes’ OI models is required!• HOWEVER aggregation & QA helps with the

‘asymmetry of power’ • More a ‘MEMBERSHIP’ model than a ‘MEETING’

model

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@setsquared