Delivering transformative innovation, improving productivity, and helping deliver projects more effectively via Project Controls rooms. More such innovative initiatives would be welcome by the capital projects industry.
HS2 Ltd has announced the first five tech companies to join its Innovation Accelerator programme, which aims to develop technologies to be integrated into Britain’s HS2 high-speed rail project.
The companies were chosen from 109 applicants, and will receive rent-free work space, as well as commercial and technical support.
The firms will begin HS2 development work from this month. After six months, the firms’ work will be showcased and pitched to investors and businesses involved in the HS2 supply chain.
The five winning applicants are:
“HS2 is already showcasing the very best of British skills and innovation, and the five companies shortlisted for the Innovation Accelerator today are shining examples of this,” says Mr Howard Mitchell, HS2 Ltd’s head of innovation.
“The size and scale of HS2 creates the perfect environment to encourage innovation and develop technologies that can create long-term business opportunities both in and beyond the rail sector.”
HS2 Ltd has now launched applications for the second round of the programme, which will focus on small and medium-sized firms specialising in the fields of process inefficiencies and passenger experience in stations. The deadline to apply is September 18.
The news follows the announcement of a partnership between HS2 Ltd and Britain’s UK Rail Research and Innovation Network (UKRRIN) research group on August 18, which will enable HS2 to access to technologies developed by the group for use on the project.