E.g., 22/03/2018
E.g., 22/03/2018
Industry News

Centrica Innovations establishes new advisory committee to support future technology development

The team behind Centrica’s innovation arm has held its first Technology & Innovation Advisory Committee (TIAC), established to bring the outside world’s perspective into future investments and product development.

Working alongside Centrica Innovations and senior leaders from across the Centrica Group, the team of external advisors are acknowledged experts in their fields, bringing expertise from across the academic, technical and commercial sectors.

  • Liam Black, Co-founder and Chief Encouragement Officer, Wavelength Companies Ltd

  • Orly Glick, Vice President, Value-Added Services at Vintage Investment Partners
  • Alan Brown, Professor of Innovation and Entrepreneurship at University of Surrey; Executive Director, Centre for the Digital Economy (CoDE)

  • Madhuban Kumar, CEO, Metafused

  • Vin Murria, Partner, VMAV Corporate Services

  • Kim Polese, Chairman, ClearStreet; Chairman, CrowdSmart

  • Paul Stolorz, Chief Data Scientist, App Annie Ltd

  • David Yu, Chief ProductOfficer,FundingCircle

Jonathan Tudor, Director of Technology & Innovation Strategy for Centrica Innovations said: “The role of the TIAC is to challenge the assumptions and direction of the opportunities we identify. In this first meeting, we focused on the external world, looking at which market and technology trends will impact both our customers and Centrica, which will in turn help shape the themes and focus areas for the CI Labs and Ventures teams during 2018.”

CI Labs leads the works with early stage start-ups and Centrica. The Labs team takes an active role in coaching, mentoring and building nascent businesses both externally and internally, including the provision of capital as seed investments.

CI Ventures focuses on later stage start-up businesses that have proprietary technologies or innovative new business models in the areas that will allow us to explore and develop new businesses.

Centrica Innovations intends to invest up to £100 million over the next five years in start-ups, incubation and acceleration programs.