Enterprise Europe Network (Profile:BRUK20210208001)
Short description of advertisement:
A UK and France based product designer is seeking a long term strategic partnership with a manufacturer to prototype and produce an innovative new electric French coffee press.
The UK company is a product development lab based in England and France.
They develop new disruptive ideas in the retail sector for global marketing and manufacture. They collaborate with product designers, inventors and engineers to iterate and occasionally prototype their concepts.
Because prototyping and manufacture is expensive and often cost prohibitive, the UK company is a seeking a strategic partnership (ideally a joint venture) with a manufacturer who would have free capacity to prototype and manufacture these innovative products.
In this particular instance, they are looking for a partner to prototype and produce an innovative new electric French coffee press, but a suitable partner may be able to assist them with the future development, prototyping and production of other similar products.
The preferred arrangement would be that the UK company would supply the IP and concept development and the partner would provide logistical facility by supporting the manufacture of the prototypes (either for free or at exceptionally low cost). Once the product is tested and on the market, the partner will be responsible to provide the full manufacturing service for potential orders. In return, the partners will receive a share of the profit from the revenue generated by the products' sales.
Ideally a joint venture is sought for a long term partnership but the UK company will also consider more 'ad-hoc' manufacturing arrangement if the partner is willing to produce the prototype and small quantity orders.
For more information please contact Enterprise Europe Network Latvia.