Real Innovation

Introducing the Next Step:

Over the last twenty-five years Oxford Innovation has pioneered the concept of the ‘Innovation Centre’. They have provided a workable model for the growth and development of SMEs, start-ups and entrepreneurial ventures. The simplicity of the idea, backed with research, support and proper implementation, has proved a fantastic platform for small businesses and given a great return to private and public sector clients who own the premises. Mi Concepts has been innovating on the model to create something truly special. And we want to use the scheme to help local economies, by first establishing the tools and then handing them over.

Pictured (above) is an early mock up for the architecture of one of our ongoing projects. However, it isn’t just the lovely exterior design that we’re proud of – even if it does feature an interactive glass polymer all around the building. We’ve been busy planning and philosophising about the most economic and sustainable models for development, especially given our experience in working in the public sector.

We look to provide not just a sustainable model for the premises owner, but one that is even ‘renewable’. The internal infrastructure of an Innovation Centre is part of what makes it such a vibrant environment for business growth. It is a place where like-minded individuals can connect, and provide each other with support or even services. Part of the role of the Innovation Centre and its affiliated partners is to enhance this melting pot atmosphere, by providing opportunities to connect businesses with funding sources, and workshops to develop effective strategy for example.

Rather than a vehicle for success, we like to think of the Innovation Centre more as a ‘garage’. Subsequently we started to wonder about the benefits if the premises owner had its own vehicle – a business that would create employment in itself, and provided a service that could interlink other business, as well as attract them. This would not only encourage and compliment the relationships of the building, but also create internal revenue. The initial investment for the Innovation Centre would benefit the local economy by supporting growth of new business – as is typically expected - but would also see more of a return back into the public sector.

The ‘vehicle’ or business is intrinsically linked with the Innovation Centre and its model. This way the owner benefits from the building’s necessary advantages AND supports it. It is the kind of symbiotic relationship that can hugely benefit the public, and works best when given over to local authorities. This way the regeneration of capital, or ‘renewable’ resources is put the best use and is justifiably able to make the most of the Innovation Centre’s financial and business perks.