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Celsa Steel Launches Accelerator to get Innovators on the Start-up Ladder

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Budding innovators from across the UK – especially young people in steel manufacturing cities like Cardiff – will be given the chance to test out their ideas on a major company through the exciting new Ingenium Start Up Accelerator.

The CELSA Group and CELSA Steel UK, one of the country’s largest steel manufacturers, based in Cardiff, is presenting a programme to find the most intelligent solutions for its steel production.  Innovators, including those with no business experience, will be mentored by this global company in an effort to impart skills in local communities.

CELSA is running the programme to look for creativity and lateral solutions to five challenging themes: energy storage, traceability in the supply chain, 3D printing, smart steel and use of by-products.

Ideas will be evaluated on how they solve problems, their innovative thinking, and on cost considerations.  The chosen entrepreneurs will travel to Barcelona to present their ideas to Senior Executives, and be mentored by professionals from across the CELSA Group. The winners will have the chance to sell their solutions to the entire CELSA network.

Large companies have a responsibility to the communities in which they operate, especially to impart training, skills and business knowledge to the next generation. As the Government launches its Industrial Strategy, CELSA UK wants to play its part by mentoring innovators and helping them find ways to make British manufacturing thrive.

Luis Sanz, CEO of CELSA Steel UK, said of the project:

“We want people from all over the country – especially from its industrial heartlands – to partner with CELSA to turn their great ideas into viable businesses.  The Government has called on companies to be part of the UK’s skills revolution, and joining the Ingenium Start-Up Accelerator is a great way to learn business skills from a company that provides employment to 6,000 people in the UK.

Steel manufacturing provides not just employment to regional parts of the UK.  It also gives a sense of community purpose and CELSA is determined to give back to the families and towns of its industrious employees, including nurturing the next generation of skilled workers and start-up business people.”

Small Business Minister Margot James said:

“We have five-and-a-half million small businesses in the UK which are responsible for almost half of private sector employment. Enterprise is vital to our economic growth and we are playing our part by working hard to ensure entrepreneurs have an environment where they can see their creative ideas turn into innovative solutions.

“I would like to thank CELSA for coming up with this initiative. We would like to see more of these kind of programmes to encourage more start-ups take that first step.”

Welsh Government Economy and Infrastructure Secretary, Ken Skates said:

“The CELSA Ingenium programme is an excellent example of open innovation – an approach the Welsh Government has been championing with its anchor companies over the past two years. All companies, however large or sophisticated, will benefit from innovating collaboratively and working with others. Our Expertise Wales website will go live this week with a new platform to assist other companies wanting to emulate Celsa – setting out their challenges and working with others”

Start-Ups should visit http://ingenium.gcelsa.com/ to get more details and to sign up for the programme before 4 November.

Note to editors: For further information please contact Benjamin Morris, CELSA Business Development and Marketing Manager at [email protected] or on 07739855920.