Presentation to RCUK Water in Cities Showcase 30th June 2015

•  Introduction to Innovate UK

•  What is the KTN and what do we do?

•  Making a good bid

•  Innovate UK funding

Overview!

Concept to Commercialisation!

A  strategy  for  business  innova1on,  2011-­‐2015  

‘Our  goal  is  to  accelerate  economic  growth  by  s5mula5ng  and  

suppor5ng  business-­‐led  innova5on’  

www.innovateuk.org!

Where Innovate UK fits

Concept or !process validated !

in laboratory!

System or !component !validated in !

relevant !environment!

System, model or !demonstrator in !

relevant !environment!

The toolkit

Innovation & Knowledge Centres !

Access  to  finance  

Access  to  knowledge  

Access  to  equipment  and  skills  

Collaborative R&D!

Smart! Launchpad!

Catalyst!Feasibility Studies!

Who does the money go to?

Can the UK do it?

Is there a large

market opportunity?

Is the idea ‘ready’?

Can Innovate UK

make a difference?

The  Knowledge  Transfer  Network  

17 Cross-sector Groups

70,000+ Members

•  10,000+ Delegates per year

•  17 Industry Communities

The Knowledge Transfer Network The UK’s innovation network

Connecting people to accelerate innovation

Interdisciplinary Bringing together businesses and researchers from different sectors.

Commercial

Introducing innovators to public and private funders and investors.

Strategic

Connecting people who wouldn’t usually meet to solve innovation challenges.

Entrepreneurial Linking people with new ideas and technologies to partners and customers.

Clustered communities, groups and business programmes

Focus is on bringing together groups that would not normally meet

Materials Chemistry Environmental Services

Agri-Food Biosciences Health

ICT Electronics, Sensors & Phototonics Defence & Security Space

Built Environment Transport Energy

Creative Industries Digital Economy Design

Sustainability, H2020, International, Access to Finance, Design

How we can help!To  deliver  our  objec7ves  we  provide  a  number  of  services  to  our  members:    

§  Informa1on  &  News  –  in  one  place,  up-­‐to-­‐date  

§  Events  and  ac1vi1es  –  for  knowledge  transfer  &  collabora7on  

§  Partnering  -­‐  Access  to  strong  network  of  industry  &  research  partners  –  connect  with  partners  for  projects,  join  consor7a  

§  Funding  –  Help  with    finding  &  obtaining  funding  

323 events

>17,000 delegates

570 collaborations

127 major projects funded

c. £300 m raised

e.g.  Environmental  Sustainability  KTN  

Sept  2009  –  Sept  2013  

Funding

—   Iden7fica7on  of  suitable  funding  streams      —   Advice  on  project  scope  and  eligibility  criteria  

—   Iden7fying  poten7al  project  partners  &  Introduc7ons  

 —   Review  of  draP  proposals  prior  to  submission  

—   Feel  free  to  ask  ques7ons…      

                       but  don’t  leave  it  too  late!  

Access to Funding & Finance team (A2FF)

•  To help companies raise the match funding they need to secure grant funding provisionally awarded

•  To help organisations gain private fundingo  Irrespective of grant funding

Remit of the A2FF team

•  Advice on investable propositiono  Review and feedback on Investment Proposalo  Investor readiness priming

•  Introductions to Investor networks suited to your endeavour

•  Introductions to further support providers

The A2FF team at the KTN offer:

Access to Funding & Finance team (A2FF)

Innova7on Vouchers

An  Innova7on  Voucher  can  enable  a  business  to  access  knowledge  for  all  types  of  innova7on  –  for  example:  •  ideas  for  new  or  improved  products,  processes  and  services  •  using  design  to  improve  ideas  •  Managing  intellectual  property    Most  importantly,  it  will  start  a  conversa7on.  

Am  I  eligible  to  apply?  

•  You  need  to  be  a  start-­‐up,  micro  or  small  to  medium-­‐sized  business  located  in  the  UK  

•  The  idea  should  be  a  challenge  for  your  business  that  requires  specialist  help  

•  It  should  be  the  first  7me  that  you  have  worked  with  your  selected  knowledge  supplier  

•  Your  idea  must  be  applicable  to  one  of  the  thema7c  areas  •  It  must  be  an  innova7on  idea  

Innova7on  Vouchers  –  what’s  available?  

•       100  Innova7on  Vouchers  will  be  available  in  each  round  for:  o   Agrifood  o   Built  Environment  o   Energy,  Water  and  Waste  

•  25  Innova7on  Vouchers  in  each  round  for  Open  Data  Innovators  and  Inventors  in  partnership  with  the  Data  Strategy  Board  

•  All  vouchers  currently  available  have  a  value  of  up  to  £5k  –  you  pay  any  VAT  charged  

Closing  dates  

•  The  applica7on  system  is  ‘always  open’  •  Closing  dates  quarterly  •  If  offered  an  Innova7on  Voucher,  company  will  have  

6  months  to  complete  the  work  and  make  a  claim    

Smart  

•  Funding to small and medium-sized enterprises for R&D projects in science, engineering and technology

•  Previously known as Grant for Research and Development•  Three types of grant are available:

•  Proof of market 9m, £25k, 60% funding

•  Proof of concept 18m, £100k, 60% funding

•  Development of prototype 2y, £250k, ≤ 45% funding

Proof of market grant

•  Enables companies to assess the commercial viability of a project, through:•  Market research•  Market testing and competitor analysis•  Intellectual property position•  Initial planning to take the project to commercialisation,

including assessing costs, timescales and funding requirements

Projects will last up to 9 months, have a maximum grant of £25k, and up to 60% of total project costs may be funded.

Proof of concept grant

•  To explore the technical feasibility and commercial potential of a new technology, product or process, including:•  Initial feasibility studies•  Basic prototyping•  Specialist testing and/or demonstration to provide basic

proof of technical feasibility•  Intellectual property protection•  Investigation of production and assembly options.

•  Also includes pre-clinical research studies 

Up to 18 months, maximum grant £100k, up to 60% funded

Development of prototype grant •  Used to develop a technologically innovative product,

service or industrial process, such as:•  Small demonstrators•  Intellectual property protection•  Trials and testing, including clinical•  Market testing

Up to 2 years, maximum grant of £250k; up to 35% of total project costs for medium enterprises, or up to 45% for small and micro enterprises.

Assessment dates

The new batch assessment dates for Smart scheme applications during the financial year 2015/16 are:

•  21 May 2015•  16 July 2015•  24 September 2015•  26 November 2015•  21 January 2016…

By co-funding projects involving partner-ship between businesses and between !business and academia, collaborative !

R&D reduces financial and technical risk and encourages knowledge exchange, !supply chain development and parallel !

working on complex challenges!

Knowledge Transfer Partnerships (KTP)

Providing resources and expertise through academic collaboration to address businesses’ strategic needs

KTP Funding Partners!

The Partnership

•  6 - 36 months

•  Associate works full time on the company premises – but employed by University

•  Academic supervises Associate ½ day/week (average) at the company

•  Company supervises as per normal employee

•  Associate project-manages

•  Formal project management disciplines imposed

PARTNERSHIP

How does it work?

Size of Enterprise <10

Employees (12%)!

10-49 Employees

(37%)!

50-249 Employees

(25%)!

>250 Employees

(26%)!

Support UK based businesses in engaging with Europe and H2020Influence the funding priorities within H2020 by

• Working with NCPs and the EEN within the UK to optimise support to UK companies• Building on links with the European Commission, European Technology Platforms (eg SusChem) and PPPs (e.g. BBI, SPIRE)• Participate in projects where they support the KTN purpose and strategy (eg Co-ordination & Support Actions)• Identifying opportunities for collaborations across sectors and along value chains

Support for H2020