Cambridge Innovation Summit attracts global leaders and sponsorship from Silicon Valley Bank.
The third annual Cambridge Innovation Summit took place on 11 July and was sponsored by Silicon Valley Bank, the bank of the world’s most innovative businesses and their investors. The Cambridge Innovation Summit brought together over 100 leading thinkers about innovation processes from businesses and other organisations in the USA, Russia, Japan, Australia and from across Europe. Delegates from all of the consortia run by the Cambridge-based Centre for Business Innovation (CfBI) and invited guests worked together on challenges and opportunities which they are experiencing in the innovation landscape.
There were sessions on ‘Global Innovation Processes’ (with discussion leaders from Apple, Facebook, 3M and Lloyds Bank), ‘Innovation for Health and Wellness’ (with discussion leaders from Amadeus Partners, the NHS, Astra Zeneca, Philips and Illumina) and ‘Innovation Made in Cambridge’ (with Professor Tim Minshall leading the discussion), and table-top demonstrations from a number of Cambridge-based innovators introduced by Alex McCracken, a Managing Director at Silicon Valley Bank.
The world-class networking opportunity culminated with dinner in Trinity Hall addressed by Jane Osbourn of Medimmune on the theme of ‘Why Cambridge for Innovation?’
The following day CfBI consortia for ‘Open Innovation Meets Big Data’, ‘Medical Adherence/Digital Health’, ‘Nano-Carbon Enhanced Materials’ and ‘Corporate Venturing Leadership’ met in private sessions in the Cambridge region.
Alex McCracken of Silicon Valley Bank commented, “We are impressed with the healthcare and technology innovation that is being developed in Cambridge by startups and corporates. Coupled with an increasing supply of development capital, this bodes well for the Eastern region.We’re delighted to
support the tech ecosystem in Cambridge and across the UK.“
Peter Hewkin CEO of the Centre for Business Innovation says “We are delighted to bring together the members of CfBI’s eight international consortia in Cambridge (UK) each year to inspire, inform and engage them in one of the world’s best innovation clusters”.
Planning has already started for Cambridge Innovation Summit 2019. Editors notes:
About Silicon Valley Bank
For more than 35 years, Silicon Valley Bank has helped innovators, enterprises and their investors move bold ideas forward, fast. Today, we provide a wide range of banking and financing services to businesses of all sizes in innovation centres around the world. SVB Financial Group, the parent company of Silicon Valley Bank, has had a presence in the UK since 2004. The bank is committed to supporting disruptive technology and life science businesses within the UK’s vibrant innovation sector, including Made.com, IMImobile, The Hut Group and Trustpilot. svb.com/uk
Silicon Valley Bank is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR,
UK under No. FC029579. Silicon Valley Bank is authorised and regulated by the California Department of
Business Oversight and the United States Federal Reserve Bank; authorised by the Prudential Regulation
Authority with number 577295; and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation
Authority are available from us on request.
About CfBI
The CfBI is a new type of service organisation, headquartered in Cambridge, UK. It creates and facilitates communities whose participants work together in a trusting environment, towards common goals or under a brand which reflects their values and beliefs in order to ‘do more with less’ in the spirit of open innovation. The CfBI’s team has been refining the formula for over fifteen years to help members all over the world to get optimum benefit.
The CfBI continues to expand its portfolio of consortia delivering “collaborative advantage” across Europe, the USA and beyond. Leading companies, government departments, research institutes and industry clusters, participate to derive benefit from accelerated learning, project cost sharing, influencing regulators, designing and promoting best practises, training as well as business development. All this is in the spirit of ‘open innovation’ with the goal of ‘doing more with less’.
The annual Cambridge Innovation Summit is where all of the CfBI’s consortium members come together with invited guests to discuss and help to shape the innovation landscape.