It's the kind of funding design schools and students dream of: The Royal College of Art's Business Incubator has received a shot in the arm from NESTA, the UK's National Endowment for Science, Technology and the Arts, to the tune of 450,000 pounds.
The Design London Business Incubator is intended to combine graduates from both the RCA and Imperial College of London in the fields of design, engineering and business with the intent of producing useful, saleable products and technologies. Min Kyu Choi's foldable plug (above), which was all the blog rage in 2009, is one of the projects the Business Incubator currently has in development. Another is the Robofold (below), a manufacturing process that uses industrial robots to fold sheet metal into complex surfaces.
Says George Whitehead, NESTA's Business Development Director,
The UK has a world-class heritage in combining design and engineering to produce innovative products and services. But we can do more to develop these concepts into strong growth businesses for the benefit of the economy. The incubator will allow us to build a sustainable model that supports the development of innovative ideas, provides space for risk-taking and creates the right connections to help make these businesses achieve their full commercial potential.
Read more about governmental organizations and the arts in yesterday's post about the National Endowment of the Arts and Videogames!
via gamut news
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Take a look at the Yanko Design website to see a long parade of designs that are so very obviously *not* the result of a combined course...