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Corporate slide master
With guidelines for corporate presentationsNutriWales Meeting
20.01.16Cardiff City Stadium
Developing an R&D Strategy
Chris Price-Jones
Corporate slide ma
With guidelines for corporate presentations
Innovation Model
Goffin and Mitchell, 2005
Corporate slide master
With guidelines for corporate presentations
Timing & Planning
Where do you want to be?
Sell More in Current
Market
New
Markets
New Products
New Product Development
New Market Penetration Diversification
Too Radical?
Case Study – TasteTech Ltd
Improving R&D Capabilities
Content
Company Overview
Encapsulation Technology
R&D at TasteTech pre 2014
Creating a Research & Development Strategy
Funding
R&D Project Case studies
A leader in the field of microencapsulation technology – established 1992
Specialist manufacturer of controlled release food flavourings and ingredients
Flavour house – develop our own flavourings
Partnership with customers to solve technical and
manufacturing issues
Providing solutions to food manufacturers worldwide
Prerequisite quality accreditations
Company Overview
Exporting to 38 countries
Encapsulation Technology Platforms
Spray Drying
Lipid Encapsulation
Fluid Bed Coating
Pilot and ‘Small Order’ Plants
Why Encapsulate?
Creating a barrier between incompatible substances
Reducing odour and taint on plant
Achieving controlled release of flavour and function
Taste masking
Targeted delivery
Turning a liquid into a powder with specific properties
‘Platforms’ + Benefits
Reactive – waiting for the next enquiry
Little study of why and how products worked
Limited resources
Out of touch with market requirements
No real long term NPD / R&D plan or strategy
Many good ideas but lack of prioritisation and focus
Also true for other departments…☺
R&D at TasteTech pre 2014
BIC Innovation – Innovation Strategy
Creation of a more market focused company structure
R&D structured to focus on opportunities for technology platforms
Rolling 5 year R&D strategy developed and ratified
Support of focus markets BUT explore opportunities in new markets:
Human nutrition
Oral care
Animal Feed
Pharmaceutical
Continuous review of funding: Tax Credits; Grants; Chargeable R&D
Creating a Structure for Change
Core Markets – ‘Focus’
Obtain Funding
R&D Project Case Studies
WEGF
‘Improved Bread
Preservation’
Encapsulated Sorbic Acid
I4G
‘Flavour Sensations’
New Encapsulation
Technology Platform
WEGF funding enabled the recruitment of staff to create the restructure
Two food technologistsAnalytical Chemist
R&D Administrator
Product Manager
Project to optimise Encapsulated Sorbic Acid for bread preservation
Rigorous testing of products: Cardiff Met Food Centre; Campden BRI
Funding assisted with equipping of Bakery and Analytical laboratories
2 new products launched so far - 10 MT produced for major UK bakery
White paper published
Improved Bread Preservation
SorbicPlus Encapsulated Sorbic Acid
Sorbic Acid Crystals
Funding under I4G enabled development of a 30 year old idea
Recent developments in carbohydrates allowed new barrier development
Applications: Chocolate – burst release of flavour upon consumption
Biscuit cream – burst release of flavour on consumption
Chewing Gum – less flavouring lost into the gum base
Advantages include minimal odour but spectacular flavour release
Proving to be very effective in these and other applications
First order for pre-production tests received last week!
New Flavouring Encapsulation Platform
New Flavouring Encapsulation System
R&D – To Infinity and Beyond!
Peter Sargent – Head of Research & Development
Email: [email protected]
Tel: 0117 971 2719
Mobile: 07824 150784
www.tastetech.com
Wilverley Industrial Estate
813-815 Bath Road
Brislington Bristol BS4 5NL United Kingdom
Where do we start to develop an R&D strategy -• Engage with NutriWales• Engage with EEN• Use Innovate 2 Succeed – programme.• R&D tax credits may be a way to help to cover support &
facilitation when projects are identified.
Corporate slide master
With guidelines for corporate presentations
Contact NutriWales through -Chris.Price–[email protected]
[email protected] 861536.
Corporate slide master
With guidelines for corporate presentations
Corporate slide master
With guidelines for corporate presentations
Corporate slide master
With guidelines for corporate presentations
Corporate slide master
With guidelines for corporate presentations
Corporate slide master
With guidelines for corporate presentations