Describe your business in no more than 100 words
Micropore supplies patented equipment, from lab scale to production scale, to make mono-sized emulsions, dispersions and particles using membrane emulsification. We work with clients across a very wide range of sectors to ensure they achieve their goals for their formulated products. This encompasses high volume food and industrial products as well as smaller volume pharma and personal care materials – and even extends to rocket fuel!
Which particular products and/or services make your business innovative?
Micropore’s recent innovation has been the ability to move the creation of precision particles beyond the lab bench to full scale continuous manufacturing – whether that be for pharma or industrial products. This has been achieved by drawing on the company’s long history of technical credibility and intimacy of customer relationships at research and development scale to design, prototype and build equipment that is suitable for continuous operation at the appropriate manufacturing scale.
What proportion of your service offer comprises new (under 3 years old) products, materials, technologies etc?
Approx 40% of current revenues can be ascribed to offerings that are less than 3 years old. This year we expect to more than double last year’s revenue; and all this additional growth will come from offerings that are less than 3 years old.
To what extent have the innovations enhanced the sales of your other products/services or led to future opportunities?
To date Micropore’s growth has been constrained by the ability of clients to visualise a scale-up pathway towards a "proper" manufacturing process. The completion of the company’s development of robustly engineered, scalable equipment has unlocked this potential and has led to significant interest from new clients in the UK, EU, USA, South America and India.
What new skills have been acquired by (and retained within) your company as a result of the innovations?
Micropore has acquired engineering design and implementation skills. We expect to recruit further in the next 12 months to reinforce the embedding of these skills in the company. We have also recruited expertise in business development and formulation chemistry to support our already exemplary client focus.
How do you innovate in the way you run your business?
Micropore ensures it is at the forefront of innovation in its field through
What are your biggest professional achievements to date?
I’ve had success in taking new business ideas through to commercial reality in both an established company, such as Thomas Swan & Co Ltd, and from the germ of an idea in a university, exampled by the creation of an Israeli JV to develop continuous carbon nanotubes from the University of Cambridge.
Where do you see your company in five years time?
We expect to become the "go to" company for precision particles and emulsions through an excellence of both technology and customer service.
What advice would you give to aspiring innovators?
Micropore Technologies Ltd will be showcasing its innovations at the Innovate Tees Valley festival in Middlesbrough on December 8. Tickets for the event are available free of charge - book your place now at http://innovatefestival.tv/
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