Market Research Services for AeroSpace Cornwall

Description

AeroSpace Cornwall is a programme which promotes research, development and innovation (RD&I), funded by the European Regional Development Fund (ERDF) and Cornwall Council. 

The programme, which runs from December 2019 to December 2022, will support at least sixty businesses through grants and specialist business support whilst leveraging £1,375,639 of match funding from the private sector. It aims to;

•	Increase the performance and competitiveness of local enterprises, create highly skilled jobs and launch new products into the marketplace

•	Develop the 'innovation ecosystem' for the space and aerospace clusters by incentivising local businesses to collaborate with other businesses and research institutions to accelerate their innovation. 

•	Increase the value and capability of the local space and aerospace clusters and secure ongoing investment in them. 

AeroSpace Cornwall also supports inward investors by awarding soft landing packages and investment incentives, with the aim of encouraging collaboration with other businesses across Cornwall and the Isles of Scilly. 

AeroSpace Cornwall works with manufacturing and engineering businesses who are, or aspire to be, part of the space / aerospace supply chains and digital businesses such as those developing software applications in the satellite communications, earth observation, navigation and meteorology areas.

Cornwall Development Company is seeking to commission contractors to objectively assess current and future demand for assembly, integration and test facilities at the Cornwall Airport Newquay site and within a 5 miles radius of this site.  

The contractors must be able to demonstrate adequate cluster knowledge, industrial expertise, market knowledge and be able to leverage the appropriate network to carry out the following market research activities; 

-	Perform a broad market analysis of a potential user base

-	Analyse the needs of potential customers who would use such facilities

-	Perform competition analysis and identify the USPs of AIT facilities in Cornwall compared to facilities elsewhere

The individual or organisation will be expected to identify potential users and articulate their assembly, integration and testing needs in order to; 

-	Quantify the economic benefits to Cornwall and the local supply chain, based on high level costing information and potential income streams gathered from interviews 

-	Propose a Business Model for the AIT facilities, including:

•	Defining the Value Proposition
•	Recommending who could manage the AIT facilities, and how this would be managed, including the key partners that would be required to support the development of facilities
•	Recommending potential services that the facilities would need to offer, and any equipment required