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The way forward

25 Year Planning

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Super Fast Track







This is joined up thinking like never before. These ideas will be easy to provision outside the confines of EU regulation. Key drivers include the use of technology to improve efficiency, secondly a world-leading open data project, thirdly a move away from bureaucratic processes that take too long and are too costly. Fourthly, an easy to use web-based Portal for investment and profit distribution that will entice many investors to back these new innovation businesses.

A New Business Structure

A new type of business is required. The current structures; limited company; not for profit; quoted; and AIM provisions, are either too complex, take too long to create or do not provide the essential provisions for innovation and good governance. We need to create a modern model that works for everyone. It will lead the way in creating a new vehicle for innovation that will be the envy of the world.

We start with defining a new business structure for innovation companies.  This provides for the following:

Further to this structure these new type of businesses will have leveraged access to innovation and other services:

This new company structure provides immense benefits for the whole society. It provides not just innovation, but an ongoing business competitiveness. With sensible profit sharing and unparalleled governance it provides the ability for the average saver to become part of the next generation of new technology businesses, and share directly in the ongoing profits. By safeguarding the governance and assets within a new structure, it provides for UK long-term innovation success, where the profits are returned to the people of the UK for the long run. CST would consider this a win, win, win!

Fast Track Processes:


Creation of an Open Data Structure for the UK

Phased Implementation:

This must not be a government lead project.  It should go to tender to UK organisations that have shown the ability to deliver on time, leading, highly technical solutions.  Oversight should include experienced people from research, business and consultancies that conduct these types of large, complex projects.  It may be necessary to attach key personnel from the likes of Deep Mind, Google or Amazon (under a strong NDA) to make sure that the technical aspects are not going awry as some of the technologies are very new and they need to scale.

The costs are unimportant.  What is important is the efficiency of delivery – both for time and value.  The effectiveness must be as good as practically possible.  The protect costs are unimportant because this system will literally make or break the UK’s ability to compete. 

The UK spent £500Bn in preventing a banking meltdown ten years ago, no one asked if it was worth it because there was no choice.  The successful delivery of this open data structure is also exactly the same -  we have no choice.

Phase One:

Phase Two:

Phase Three:

The first innovation businesses may be invited to create the web-based infrastructure for the innovation portal plus new joined-up government and local government portals.   The NHS may also be a core provider of applications and data, with a view to moving their whole data provision to this new system.

The low key approach to personal data – as and when individuals wish to get involved – means that the public concerns over centralised data are minimised.  As the project is seen to be secure and offers improved personal efficiencies (such as purchasing and banking, internet of things and many other joined-up applications), more and more people will choose to use this system.

New Online Portal: 

Key Points:

Close collaboration for innovation and for stem subjects:

Accountability & Fast Track Provisions

Special provisions to enable innovation and success while providing for excellent accountability:


Joined-up Innovation Implementation – creating tight coupling for innovation excellence

Direct coupling is essential between businesses with research, universities, colleges, apprenticeships and all other education establishments.   The creation of STEM understanding for all young people is also a continuing requirement and will have massive long-term results.

Key Implementation Provision for Tight Coupling:

All research will be monitored by the innovation investment portal team along with the champions with full disclosure of progress, whilst protecting the IP of the research to within the innovation businesses.

Infrastructure Required:

Access to innovation testing services for implementation testing.  These need to cover energy, transport, smart home, fintec, communication systems, etc, etc.  This maybe provided via an integrated centre that has the size and complexity to create relevant output, (even perhaps a new innovation village).


Education, Training and Jobs:

There are already innovation hubs across the UK.  These must be ramped-up to engage every school, every college, all apprenticeship schemes and every young person in the UK. 

The aim is to deliver the importance and opportunities regarding STEM subjects.  This must be achieved with impact.  Direct liaison with the innovation businesses will provide internships, placements, apprenticeships and full time jobs for our young people. 

This involvement for students must be pro-actively managed with local hubs creating projects and awards for all students to engage in conducting STEM based project.  These should be managed by the innovation business people and collaboration champions.

Fast Track Education:

Many businesses find that young people do not have relevant skills.  This uplift in skills can be achieved quickly and cost effectively.

A new fast track training process is required to provide a good level of STEM and core business understanding for school leavers and graduates.  This will provide a substantial new stream of talent for innovation companies.  

This fast track system will be designed to deliver core training within a course of just a few weeks.  This course will be configured to provide employers with the precise skill they require.  It must be based on practical learning projects, with people from a business background providing role-play to ensure realism and effectiveness.

Technology Solutions for Education and Skills transfer:

There is poor use of available solutions for delivering and monitoring education and skills.  While the MOOC’s use good technology, most teachers and lecturers are poorly equipped to lever these new ways of delivering educational concepts.  Worse still is the concentration on facts rather than on conceptual issues, key learning points and critical thinking.

As part of the overall drive to create innovation, we must use the new data processes and innovation businesses to create and develop superb new systems that produce much better educational outputs and deliver automatic evaluation of student progress.  The MOOC’s have shown the way forward, we must build on this methodology and create stunning, immersive learning environments that capture students imagination along with developing their interest and creative thinking ability.  VR and augmented technologies are also becoming available for use within education, the UK has one of the strongest gaming sectors and yet we have not found a way to apply this significant resource to help educate our young people.

The first Innovation Businesses can be tasked in creating new online, VR and augmented formats for STEM subjects.  These can then be rolled out across UK educational establishments using the new open data platform.  The Innovation Portal will provide these businesses with investment funding – who wouldn’t want to invest in our young people’s education – and become an investor in a world leading educational provider using the most up to date technologies.?

Other Ideas to help improve innovation

These dovetail into this new innovation business structure:-



New Structures for Integrated Innovation

With Brexit looming how does Britain leverage the new freedoms?  CST believes there is an integrated answer that delivers massive innovation prospects for the UK. This revolves around the creation of a new type of company structure, a new open data structure that is completley independent. These work together using modern web based supporting systems and are directly coupled to Innovation Champions from research centres & Universities, leveraging all the UK's strengths to create long-term world leading innovation businesses.