From a thought to the real thing.
The North East Innovation Launchpad takes ideas from a thought all the way to a high-quality, market-ready product. Both inventors and investors share in the rewards.
How it will work
Submit an idea
Anyone can submit an invention idea for assessment. We want to bring the best ideas, the ones that might otherwise never see the light, into proper development. If it's a fit, we take it forward through clear phases: proof of concept, refinement, design for manufacture, and production.
We do the hard part
LMF Design leads the research, engineering and development work, drawing on a trusted network of specialists where needed. Development runs in funded sprints, phase by phase. The inventor stays involved without needing to fund or build it themselves.
Everyone shares the return
When a developed product sells, the inventor shares in the profit. Angel investors backing the programme see a positive return on their investment, with a target range of roughly 10 to 30% over one to five years depending on the project. Returns then help fund the next idea in the queue, so one success builds the next.
For inventors
Have an idea you've never been able to build? We want to hear it. The best ideas that might otherwise never happen are exactly what this programme exists for. Every submission is treated in confidence and assessed on its merits.
For investors
Back British invention and share in the upside. Investors in the programme have a return-on-investment incentive, with a target of roughly 10 to 30% over one to five years, funded by the products we develop and sell. Register your interest and we'll be in touch as the Launchpad takes shape.
The North East Innovation Launchpad is in development. The return figures shown are illustrative targets only, not guarantees, forecasts or promises of any specific return, and your capital would be at risk. Nothing on this page is an offer, invitation or inducement to invest, nor financial advice. Any future investment opportunity will be made available only through the proper regulated channels and appropriate documentation. Registering interest places you under no obligation.