A new agreement between two pioneering innovation organisations has been agreed on the final day of the Liverpool City Region Innovation Investment Summit (Thursday 16th May).
The Centre for Process Innovation (CPI) and LYVA Labs, Liverpool City Region’s unique innovation investment company, set up with £10.5m from the Liverpool City Region Combined Authority, have signed a deal that gives innovators in the Liverpool City Region and the North West greater access to resources and tailored support.
The partnership is set to turbocharge innovation in the Liverpool City Region and the North West, with an initial focus on state-of-the-art solutions in climate tech and microbiome. The new partnership complements the region’s ambition to put innovation at the forefront of the economy in Liverpool.
Frank Millar, CEO at CPI said: “Partnerships like this are going to be central for how we deliver innovation in the UK going forward. Organisations like CPI and LYVA Labs must come together and use their collective expertise for the common good. Together we can accelerate innovation in the Liverpool City Region and the wider North West.
“We will focus on the big challenges companies and wider society face, with a focus on sustainable solutions and climate tech. We will also look to bring our expertise in microbiome to a region which is famed for its contribution to life sciences.
“I am therefore delighted to sign this agreement, which will advance both organisations and contribute significantly to the development of the local economy, bringing highly paid and highly skilled jobs to the region.”
Lorna Green, CEO of LYVA Labs: “LYVA Labs and CPI have a shared history in Liverpool City Region, the week we took our first office at the Spine, CPI held a launch event for their NW base here in the Knowledge Quarter. That was just over two years ago, and we have been working closely together ever since. In 2023 we successfully partnered to deliver a national accelerator programme for Innovate UK, and in 2024 are collaborating to align the business support activities for our respective Investment Zone programmes.
“We have also identified significant opportunities to support the development of a microbiome R&D cluster with iiCON, University of Liverpool and various industry partners, and to collaborate on our shared ambition to bring more investment and support to early-stage businesses in key sectors such as life sciences, deep tech and manufacturing. It is because of these opportunities, and the potential economic impact they could deliver for our region, that we are delighted to be entering into this MoU with CPI. Strengthening our commitment to collaborate and strengthen the Liverpool City Region innovation ecosystem.”