Small and Medium Enterprise
SME’s are the innovation and economic engines for national development. They have the capability to rapidly develop and commercialise new ideas but are generally resource limited. Xecs provides an efficient process for SME’s to participate in, or lead, innovative projects that will allow them to receive public funding to help develop their business. This is complemented by being in close partnership with other organisations that will add essential elements to SME innovation capability and provide additional routes for commercial exploitation of ideas. At the end of an Xecs project, partners should expect to have accelerated their development, and have routes to market that were not open to them before participating in an Xecs project
Large Enterprise
Research and development underpin the market position and growth of all larger organisations. In an increasingly global and disruptive market, gaining and maintaining a lead in technology is essential for competitiveness. Increasingly, new ideas and methods are being generated in academic institutions and smaller organisations that, if rapidly exploited, will form the basis of market leadership. Xecs provides a structure for the rapid implementation of mid-size, mid-term projects with partners from all parts of the RD&I ECS community. Large enterprises will often be the leader of an Xecs project with the potential of rapid commercial exploitation, benefitting all partners
Academic Institution
Universities are the cradle of new ideas. Unfortunately, bringing these ideas into the wider community can be challenging. Being part of an Xecs project allows academia to find partners that will take new ideas and early research and look for ways to develop them into products and services ready for wider use in the academic and economic sectors. Commercial spin offs are possible, and new State-of-the-Art knowledge supports the education of the next generation scientific and engineering community
Research & Technology Organisation
The creation of innovation centres of excellence can stimulate disruptive ideas and new research through local support and interrelationships between creative individuals and groups. However, it is also important to give these developments an avenue for subsequent development and, where appropriate, facilitate commercial exploitation. In an Xecs project, SME’s and Large Enterprise can rapidly build on RTO expertise to help create the next generation of technology related products, stimulated by public funding
Public Authority
Xecs will be one of the most effective instruments to secure National development goals through supported collaborative RD&I. By supporting organisations to participate in Xecs projects, not only will they develop domestically, but also, they will have opportunity to grow and expand in new technologies and markets. National investment will focus on national priorities, for example encouraging sustainability, bringing innovative products to citizens, developing the SME community, improving educational opportunities, and supporting national champions. National support is essential to making all this happen. By providing stimulation to collaborative RD&I projects, countries catalyse the creation of Xecs projects, resulting in higher levels of industrial investment and subsequent economic and societal benefit
