Our History

Historically, support for new product innovation has faced several challenges that hinder its effective commercialisation. The focus has often been on innovation itself, rather than on the practical aspects of bringing products to market.

New product innovation support has historically been:

  • Focussed on innovation, not commercialisation
  • Not output focused
  • Time limited business support only
  • No demonstration facilities across the UK
  • Little direct grant facility
  • No end-to-end continuity of support to secure funding – from feasibility to scale up
  • Funding “Valley of Death” a major barrier to commercialisation of UK inventions

For low carbon innovation, this issue is particularly pressing, with access to early-stage capital investment and the lengthy, fragmented process of securing funds from various stakeholders, further exacerbating the difficulty of bringing new products to market.

RedCAT offers a solution through its comprehensive ecosystem of support, driving economic recovery and enhancing resilience.

01.

Increase manufacture and export – creation of a Lancashire low carbon manufacturing hub

02.

Aerospace and Automotive supply chains diversify into low carbon products manufacturing

03.

Reduce costs and carbon footprint of high energy users by adopting technologies showcased in Low Carbon Demonstrator

04.

Manufacturers adopt new low carbon/low energy manufacturing methods

Green Recovery

  • Putting Green Technology at the heart of the economic recovery – identifying Lancashire’s strengths and opportunities in the Green Technology led recovery and growth
  • Achieving successful diversification for sectors under pressure such as auto/aero into green technologies
  • Increase manufacture and export – Creating Lancashire as a low carbon manufacturing hub.
  • Accelerating the investment in required Research and Development
  • Create large business partner backed sales, within the UK and overseas
  • Establish the resource and skills requirements to meet the economic recovery and growth
  • Lancashire manufacturing based – developing UK reach

Building Resilience

  • Growing the local Low Carbon technologies sector
  • Accelerating the route to commercialisation & manufacture
  • Creating large business partner backed sales, within the UK and overseas
  • Internationalisation and global utilisation through UN/public sector initiatives
  • Reducing costs and carbon footprint of high energy users by adopting technologies showcased in Low Carbon Demonstrator
  • Establishing the resource and skills requirements to meet the economic recovery and growth
  • Manufacturers adopting new low carbon/low energy manufacturing methods
  • Creating fast track stimulation of green tech skills development and destination for students enhanced through STEM support investing in the long-term growth of the region