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It’s hugely helpful to have a dedicated source of funding to bring innovative ideas to life for the offshore wind industry. Without OWGP’s support, it would have taken much longer to develop the WAVES product.
Ty Burridge-Oakland, Founder and Managing Director, Cognitive Business.
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Grant Funding
Business Transformation
OWGP Support
Grant FundingBusiness TransformationOWGP Support
In 2019, OWGP awarded Cognitive £70,000 to develop the WAVES technology and upon successful completion of its beta product, they were awarded a second grant in 2020 of £57,000 for further innovation to access wider markets.
OWGP also recognised that Cognitive would benefit from business development support and offered Cognitive a place on the three-month business transformation programme, WEST.
During the programme Cognitive worked on a one-to-one basis with OWGP’s consultant partners to analyse each of the offshore wind markets they were planning to enter, and explored other opportunities in offshore wind to inform and develop a long-term product roadmap and business strategy.
Outcomes
Enabled Cognitive to develop its core technology product, WAVES.
Secured contracts, now supporting 6% of the UK’s offshore wind capacity.
Developed a product roadmap to expand the business.
Driving safety and efficiency in O&M through applied AI technologies
Business Profile
Before OWGP’s assistance:
Engineering, machine learning, software, and industrial internet
of things (IIOT) company
Applied-AI specialists
Early stage startup < 5 employees
Before
Cognitive was founded in 2018 by three ex E.ON and Uniper employees with the goal of advancing machine learning capabilities, to drive efficiency and safety in the energy sector.
The team at Cognitive had the passion, the expertise and the skillset needed to make their vision a success, but they lacked funding and the opportunity to get in front of customers. After a funding application to Innovate UK was deemed unsuccessful on the basis that the growth opportunity was too small, the team found OWGP through the Offshore Renewable Energy (ORE) Catapult network.
OWGP Support
In 2019, OWGP awarded Cognitive £70,000 to develop the WAVES technology and upon successful completion of its beta product, they were awarded a second grant in 2020 of £57,000 for further innovation to access wider markets.
OWGP also recognised that Cognitive would benefit from business development support and offered Cognitive a place on the three-month business transformation programme, WEST.
During the programme Cognitive worked on a one-to-one basis with OWGP’s consultant partners to analyse each of the offshore wind markets they were planning to enter, and explored other opportunities in offshore wind to inform and develop a long-term product roadmap and business strategy.
After
The early-stage funding and business development support provided by OWGP enabled Cognitive to get its WAVES product from concept stage to minimum viable product (MVP), with a clear go-to-market strategy.
Cognitive went on to secure a contract with RWE to develop its WAVES technology further and, at time of writing, WAVES is supporting 6% of the UK’s offshore wind capacity.
“It’s hugely helpful to have a dedicated source of funding to bring innovative ideas to life for the offshore wind industry. Without OWGP’s support, it would have taken much longer to develop the WAVES product.” – Ty Burridge-Oakland, Founder and Managing Director, Cognitive.
Connect with us
Grant Funding Enquiries
Dr Claire Canning
OWGP Programme Manager
Claire.canning@orecatapult.org.uk
+44 (0) 75515 33555
Business Transformation Enquiries
Lynne McIntosh-Grieve
OWGP Programme Manager
Clynne.mcintosh-grieve@orecatapult.org.uk
+44 (0) 75515 33555