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ASTUTE 2020 can support greater levels of research, development and innovation across a variety of sectors by strengthening knowledge and expertise to create higher-value goods and services, improve efficiency, aiming to drive productivity and growth within the Welsh manufacturing industry.
ASTUTE 2020 collaborations inspire manufacturing companies to improve and streamline their manufacturing processes, manufactured products and supply chain, generating sustainable, higher value goods and services and bringing them to a global market.
ASTUTE 2020’s true industry academia collaborations provide companies with unique access to:
Thereby encouraging stimulation of ideas and facilitating the adoption of change through research, development and innovation.
ASTUTE 2020 builds on the most successful aspects of the previous ASTUTE project (2010 – 2015). ASTUTE has successfully demonstrated that we are in an excellent position to support companies via knowledge exchange and intensive collaborative RD&I projects in manufacturing technologies.
The project will benefit local authority areas within the West Wales and the Valleys Programme area.
Targets | |
Activity | Enterprises co-operating with supported research institutions |
Enterprises receiving non-financial support | |
Innovation | Patents registered for products/processes |
Private investment matching public support in innovation or R&D projects | |
Enterprises supported to introduce new to the firm products/processes | |
Enterprises supported to introduce new to the market products/processes | |
Growth | Employment increase in supported enterprises |
Long Term
Benefits |
Further increase in employment |
Increased investment by the company | |
Increased spend by the company in local supply chain | |
Increased external investment into the company | |
Predicted increase in sales revenue | |
Predicted increase in export revenue | |
Savings in energy, GHG emission and waste |