Innovating around coronavirus

We frequently update our investors with news on the businesses we work with and it’s usually something we expect will add commercial value. So this time around, it was a pleasure to bring a special edition with some examples from these businesses very quickly rising to the challenge of providing societal value in the face of coronavirus and lockdown. We also won’t be surprised if some of these new ideas start creating a commercial return later down the line.


VeeLoop have been heavily impacted by the coronavirus lockdown, finding it impossible to progress or enter into new conversations with retailers about their payments product protecting kids shopping online.

So they have paused that activity and have very quickly adapted their product to create a safe way for volunteers to be reimbursed when shopping on behalf of vulnerable people during the current crisis. This is not only a huge problem for volunteers, the vulnerable and charities co-ordinating volunteer activities right now, but is also a potentially significant long term market opportunity.

It is an important and urgent problem to solve that fits well with VeeLoop’s values of protecting people when transacting. They have a pilot programme running with local volunteers groups in England. Visit vhelp.co.uk to learn more.

 

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The team at Vitrue are working hard running video demonstrations to potential customers. Lockdown has given their potential market the time and space to explore new innovations such as Vitrue’s. They have set up a mock clinic at their offices to provide an authentic setting for each video demonstration.

Work is also accelerating on the commercialisation of the Vitrue Desk Assessment tool, which performs a posture diagnostic for homeworkers at their desks. This would provide an additional revenue stream in a new normal world where home-working proliferates.

Demonstrate the home-working tool HERE.

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A few weeks prior to lockdown, Weekly10 was fortunate to have released its Microsoft Teams app alongside existing Desktop, iOS, Android and Slack apps. Both the Teams and Slack apps have been particularly popular with businesses looking for quick and simple self-serve ways to maintaining a handle on sentiment, engagement and performance amongst their newly remote working teams.

Since lockdown the interest has been huge. As well as onboarding new clients, the Weekly10 team have been generous with resources and points of view on helping businesses to work through 4 phases of remote working – Mobilisation, Bedding-in, Optimisation and (potentially) Return. Watch a free demo HERE.

 

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It’s not often the beauty & drinks industries collaborate in the production & distribution of a product. However, coronavirus has seen various industries pull together to solve problems for those in need. And Five Dot Botanics have done just that, launching a free hand sanitiser with alcohol secured from a Kent distillery.

With hand sanitiser in short supply, they found they were at the back of the queue against much larger companies in the wait for raw ingredients needed for manufacturing. Whilst they didn’t initially think to look outside of the beauty industry for a solution, a chance conversation with someone from the drinks industry lead to a partnership with Greensand Ridge Distillery, an artisan distillery in Kent, that have been using the alcohol-based byproducts from their distillation process to make sanitiser. The hand sanitizer follows the WHO formulation.

The first batch of Five Dot Botanics hand santiser was delivered to St Christopher’s Hospice in South East London, who provide 24/7 palliative care to patients. They continue to distribute the santsier for free to other community groups. Read some nice press coverage HERE.

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