Up to 15 high-growth innovative businesses are supported during each Global Business Innovation Programme (GBIP). They explore and exploit the collaboration, growth and innovation opportunities that exist in a specific business market around a specific theme, from Agritech to AI. The GBIP provides detailed market knowledge, introductions and cultural insight that SMEs would find difficult to obtain themselves.
How is the programme delivered?
A GBIP has three stages:
Prepare for the market
Preparing for the market includes the cohort being briefed by sector and market experts on, for example, cultural aspects of conducting business in that country. Delegates receive help to find partners and arrange meetings and are advised on best practice including the management and protection of their intellectual property.
Visiting the market
Visiting the market provides opportunities to attend pre-arranged meetings and activities in order to better understand and maximise the opportunities that the visit presents.
Exploiting the opportunity
Exploiting the opportunity is arguably the most important aspect of the programme. To maximise the opportunity, participating companies are given bespoke one-to-one support from an Innovate UK EDGE innovation and growth specialist to help develop and implement an action plan.
The Global Business Innovation Programme operates on a competitive basis and businesses selected are required to participate in all three stages (which occur virtually presently as a result of the pandemic).
GBIP in China: Fixed and Floating Offshore Wind
China is the world's largest offshore wind market having recently overtaken the UK with 11.3GW of total installed capacity by the end of June 2024, and 3,63GW of new capacity added in the first 6 months of 2021 alone.
GBIP in Singapore: Space Technology
Singapore is an advanced digital economy with leading developments in smart city and smart transport hub technologies, two important areas for satellite technology development and application. The GSTC is also the West/East bridge for the space sector bringing audiences and potential connections from the wider region.
Briefing event: 25 October (10.00am) Register here
GBIP in Taiwan: Offshore Renewable Energy
Taiwan is an important emerging market for the growth of low carbon energy sources such as offshore wind. The Taiwanese Bureau of Energy recently announced plans to auction 15 GW of offshore wind capacity over the next 15 years across 36 zones.
Briefing event: 2 November (08:30-09:30) Register here
Upcoming GBIPs in South Korea
South Korea is a global leader in innovation and technology and with a UK-SK free trade deal now in place, the opportunities for UK SMEs to contribute technical expertise and gain market access are unmissable.
Find out how our GBIP in South Korea can help your business.
What our clients say about us
I recommend Innovate UK EDGE to any innovation-driven growth business Our dedicated specialist has made a decisive contribution to our success.