Driving Innovation through the R&D and Innovation Management System
In an increasingly competitive business environment where innovation is essential to stand out, INVERMED LEVANTE S.L. has taken a decisive step toward success.
Thanks to the support program for the hiring of innovation services (INNOVATION VOUCHER), the company has implemented an R&D&I Management System based on the UNE 166002 standard. This project, co-financed up to 80% by the ERDF’s global subsidy and managed by the Development Institute of the Region of Murcia, has enabled the company not only to become more innovative but also to enhance its competitiveness and results.
What is an R&D&I Management System?
An R&D&I Management System is a tool designed to organize and enhance research, development, and innovation activities within a company. By adhering to the UNE 166002 standard, INVERMED LEVANTE S.L. has established a structured framework covering everything from the development of new products and services to the improvement of processes, organizational designs, and business models. This systematic approach fosters creativity and ensures that innovations translate into tangible benefits.
Key Benefits of the R&D&I Management System
The integration of this system has brought significant advantages to INVERMED LEVANTE S.L. Below are the most notable benefits:
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Growth and profitability: The company has increased its revenue and profits thanks to the implemented innovations.
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New ideas: An environment that encourages the generation of new ideas and value has been created.
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Market foresight: A better understanding of future trends and needs has allowed the company to act proactively.
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Risk reduction: The system helps to identify and mitigate potential risks in innovation projects.
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Collective creativity: The organization’s intelligence and creativity have been leveraged.
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Strategic collaboration: Working with external partners on R&D&I activities has created additional value.
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Teamwork: Involving all members of the company has strengthened collaboration and team spirit.
These benefits have not only boosted the company’s financial results but also strengthened its market position.
The Role of the ERDF and the Development Institute of the Region of Murcia
The success of this project would not have been possible without the support of the European Regional Development Fund (ERDF) and the Development Institute of the Region of Murcia. Through the INNOVATION VOUCHER, INVERMED LEVANTE S.L. received a non-repayable grant covering up to 80% of the costs, facilitating the implementation of the management system. This type of support shows how institutions can be a key driver in fostering innovation and competitiveness in businesses.
The implementation of the R&D&I Management System based on the UNE 166002 standard has marked a turning point for INVERMED LEVANTE S.L. This initiative has enabled the company not only to innovate in its products and processes, but also to foster growth, enhance value, and consolidate its competitiveness in the market. This case is an inspiring example of how investing in innovation—supported by programs like the INNOVATION VOUCHER—can transform the business future of the Region of Murcia.
