The IOP Innovation Awards provides a platform for the winners to engage with leaders in business, policy-making and academia.
The winning companies appear at a celebratory event, where they have the opportunity to explain the physics behind their innovations and show how this has contributed to their success. It is an engaging demonstration of the commercial value of physics research and development.
IOP Innovation Awards 2014 exhibition
The IOP Innovation Awards 2014 were presented at parliamentary reception sponsored by Alok Sharma MP, with talks led by Baroness Neville-Rolfe, the parliamentary under secretary of state for business, innovation and skills and minister for intellectual property. The Minister met representatives from Gas Sensing Solutions, Gooch & Housego, Magnox and MBDA and discussed their winning innovations.
Baroness Neville-Rolfe said she had been “utterly delighted” to have been given the intellectual property brief, because it was essential for the UK to make the most of its intellectual assets, of which physics was a key part. Andrew Miller MP, who chairs the Science and Technology Committee of the House of Commons, said there was a genuine belief in parliament that British science deserved support and was a key part of the future of the UK.
Before handing the awards to the winners, the IOP’s president, Dr Frances Saunders, referred to the challenges that the companies had had to face in taking an idea from the lab and turning it into something that people would want to buy. She said: “I think it is a tremendous achievement for these companies to have developed products that are innovative but also successful in terms of sales.” Lady (Audrey) Wood, co-founder and former director of Oxford Instruments and of the Oxford Trust, also spoke at the reception to commend the award winners.