Multiply Global Ltd is thrilled to announce its recent success in securing an Innovate UK Research Technology Organisation (RTO) Grant with the support of Innovate UK Business Growth. The grant enables Multiply to work with the Digital Catapult in London on a critical commercial and market analysis project. This collaboration marks a significant milestone for Multiply as it advances its outbound innovative software solution designed to meet the evolving needs of companies engaged in outbound innovation.
The Innovate UK RTO grant provides the resources and guidance necessary for Multiply Global Ltd to develop its outbound innovation management software, ensuring that it meets the needs of the market and addresses the key challenges faced by organizations in managing and scaling their outbound innovation initiatives. This program will deliver actionable insights that Multiply Global Ltd can directly implement into the strategic development of its outbound innovation software solution.
“Our team at Multiply Global Ltd is thrilled to have secured this Innovate UK Business Growth grant. This support is pivotal for us as we work to develop technology that will empower companies to confidently engage with outbound innovation. Through our collaboration with Digital Catapult, we’re gaining critical insights that will help us refine our software to address key challenges and unmet needs in the market. This grant is not only an investment in Multiply’s growth but also a testament to the importance of advancing innovation management solutions that can drive success across industries. We look forward to leveraging this opportunity to build a tool that enables businesses to scale and thrive in the ever-evolving innovation landscape.”
Natasha Allden, CEO, MULTIPLY Global Ltd.
As part of the program, Multiply Global Ltd will engage in a comprehensive analysis of the innovation management landscape. This ecosystem mapping will uncover current pain points and unmet needs within outbound innovation, helping to inform the core functionalities and unique design features that will set Multiply Global Ltd’s software apart.
Additionally, the project will include an in-depth market qualification. This analysis enables the company to tailor its customer segmentation strategy, ensuring alignment with the needs of high-potential market segments.
Positioning for Success in the Outbound Innovation Space
The outcome of this project will be a set of foundational insights and strategic recommendations that Multiply Global Ltd can leverage to guide the ongoing development and market positioning of its software. Positioning Multiply Global Ltd to deliver a SaaS solution that meets the complex demands of outbound innovation professionals.
Multiply Global Ltd extends its gratitude to Innovate UK and Digital Catapult for their invaluable support and looks forward to the strategic insights that will drive forward its mission to empower businesses in navigating the dynamic outbound innovation landscape.
MULTIPLY Global Ltd.
MULTIPLY works with advanced engineering companies to multiply value through outbound innovation programmes. We have realised over £40m across a portfolio of advanced engineering clients specialising in space, aerospace and defence, automotive, energy, security and transport.
https://www.multiply-technology.com/
Innovate UK Business Growth
Innovate UK Business Growth (previously Innovate UK EDGE) is a key part of the UK innovation agency’s deep investment in the pioneering businesses that drive economic growth. It is a publicly-funded service available to all high potential small to medium sized innovation-driven companies, including Innovate UK grant winners.
https://iuk-business-connect.org.uk/business-growth/
Digital Catapult
Digital Catapult is a deep tech innovation organisation driving business value by accelerating the application of advanced technologies. We’re here to accelerate the application of deep tech to realise a better future.