The SFI Manufacturing Annual Report 2019 is now available.
During 2019 SFI Manufacturing has passed the midway review with good results. An independent evaluation of the centre's innovation potential has been presented as well. In this annual report both results will be presented, and I would like to focus on the innovation potential during this introduction.
During the development of the centre's concept, the partners agreed upon the importance of an efficient system for the creation of spin-off projects on higher Technology Readiness Levels (TRL). A system that would focus on the innovation activities of the industry partners, rather than the centre's activities itself.
SFI Manufacturing focuses on TRL 1 to 3, but several research results have been developed during, or contributed to, innovation projects on TRL 4 to 7. During the period of 2016 to 2018, 21 innovation projects connected to the centre were started.
Impello Management has conducted an independent evaluation of SFI Manufacturing's innovation potential and its spin-off projects. This evaluation concluded with a potential economic impact of more than 20 billion NOK over a 10-year period.
A contribution to this is the investment in SFI Manufacturing and the associated spin-off projects, where the partners invest approximately 460 million NOK and the Norwegian Research Council 340 million NOK. If the projects succeed, the return on investment is regarded to be very good.
During 2019 SFI Manufacturing has passed the midway review with good results. An independent evaluation of the centre's innovation potential has been presented as well. In this annual report both results will be presented, and I would like to focus on the innovation potential during this introduction.
During the development of the centre's concept, the partners agreed upon the importance of an efficient system for the creation of spin-off projects on higher Technology Readiness Levels (TRL). A system that would focus on the innovation activities of the industry partners, rather than the centre's activities itself.
SFI Manufacturing focuses on TRL 1 to 3, but several research results have been developed during, or contributed to, innovation projects on TRL 4 to 7. During the period of 2016 to 2018, 21 innovation projects connected to the centre were started.
Impello Management has conducted an independent evaluation of SFI Manufacturing's innovation potential and its spin-off projects. This evaluation concluded with a potential economic impact of more than 20 billion NOK over a 10-year period.
A contribution to this is the investment in SFI Manufacturing and the associated spin-off projects, where the partners invest approximately 460 million NOK and the Norwegian Research Council 340 million NOK. If the projects succeed, the return on investment is regarded to be very good.
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