One event at the Very Light Rail National Innovation Centre in Dudley at the end of April brought together companies developing railway technology with several tier one suppliers, who gave their thoughts on the qualities that buyers may look for in the founders of small companies.
“I look for people who have passion, enthusiasm about their product, and knowledge of what they’re trying to bring to the sector,” remarked Simon Higgens of rail engineering firm Story Contracting. “I’m also looking for those with thick skin; because it’s hard work bringing a great idea into the industry.”
He added that innovators who are prepared to “knock on people’s doors, attend events to raise their game and work tirelessly” are most likely to reap reward. “You have to keep going, never give up, and be brave and be bold to get your product to where it deserves.”
Simon also said that everyone involved in innovation “should not shy away” from products that may deliver “incremental change” towards a target such as carbon net zero, because “the golden bullet may never arrive”. Innovations, he added, are not always revolutionary, but sometimes evolutionary.
He also urged the rail sector to look to “people on the periphery” with good ideas, adding that the work of the Clean Futures Accelerator in recent months has helped to shine a light on organisations that may not otherwise have come to the fore.