The SME Group at WMG, University of Warwick, has embarked on two major projects with Bellagio Stone and Radius Systems thanks to over £200k in funding from Innovate UK’s Knowledge Transfer Partnership (KTP) scheme.

A KTP is a three-way collaboration between a company, an academic institution (in this case WMG at the University of Warwick) and a graduate or postgraduate. KTPs are designed to help businesses improve their competitiveness and productivity through shared knowledge, technology, and skills.

Bellagio Stone’s two-year project will create a new cultural management and leadership framework within the business following a recent merger, enabling it to push productivity and prepare for future expansion. Bellagio will transform its operations in the stonemasonry industry, capitalising on a range of long-term growth ambitions.

Radius Systems manufacturers of innovative plastic pipeline solutions will work on a two-year project with WMG to analyse, design and implement a process control system to reduce process variation in the continuous manufacture of water, gas and hydrogen infrastructure pipes.

Simon Broome, Innovation Manager at WMG who works with SMEs to secure KTP funding said: “We are delighted to announce these major new KTP projects. Both Bellagio Stone and Radius Systems have showed a fantastic appetite to grow their businesses and engage with the University to achieve their goals. We are excited about the potential ahead and are now in the process of recruiting the KTP Associates who will deliver the projects in the businesses.”

Mike Boyden, Operations Director at Bellagio Stone Ltd said: “We are really excited to have been awarded the funding to begin the KTP project in conjunction with WMG. We have worked on a number of really successful projects with WMG in the past and feel the KTP has great potential to help develop our business further. Having recently completed a business merger, this targeted approach of supporting specific hurdles we are facing, will help unite both businesses and really drive improvements in productivity, purchasing power and overall efficiencies. We are really grateful to all the team involved with supporting the application and look forward to getting started.”

Allen Clarke Technical Director at Radius Systems Ltd said: “We are delighted to be awarded the funding through Innovate UK and the opportunity to further work with WMG. We have many ideas and initiative to further enhance our manufacturing processes and drive or business to the next level. The scheme will give us great insight into our chosen technical subjects whilst enhancing our World class manufacturing and Industry 4.0 philosophy. Thank you to all involved with this venture and looking forward to getting started in Autumn 2023.”

Find out more about WMG’s SME programmes here: WMG SME Group | How can we help you? (warwick.ac.uk)