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The Technology Strategy Board’s role in stimulating innovation and growth. July8 th 2013 Dr John Morlidge – Lead Technologist Advanced Materials. Mark Glover 12 th January 2011. Our vision is for the UK to be a global leader in innovation .
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The Technology Strategy Board’s role in stimulating innovation and growth July8th 2013 Dr John Morlidge – Lead Technologist Advanced Materials Mark Glover 12th January 2011
Our vision is for the UK to be a global leader in innovation How can we help UK business bring new ideas and technologies faster to market?
We are the UK’s innovation agency • We accelerate economic growth by stimulating and supporting business-led innovation • Through Technology Strategy Board and our work with partners and businesses, about £3bn has been invested into innovation projects since 2007 • Over the four years to 2015 we have more than £1bn to support and invest in companies looking for innovative ways of applying technology to find growth
How we stimulate innovation • We enable people and companies to collaborate and share ideas • We break down barriers to innovation • We help business understand future markets and innovation opportunities • We bring together partners to maximise innovation investment and work on common goals • We offer funding through competitions, to de-risk development of new products and services
Innovation and Research Strategy for Growth http://www.bis.gov.uk/assets/biscore/innovation/docs/i/11-1387-innovation-and-research-strategy-for-growth.pdf
Strategic focus on five areas Accelerating the journey Connecting the innovation landscape Turning government action into business opportunity Investing in priority areas based on potential Continuously improving our capability http://www.innovateuk.org/
TSB Delivery Plan 2013/14 Summary of TSB Strategy “Concept to Commercialisation” High level actions across strategic themes Detail across each thematic area of strategies and actions / funding Published in May http://www.innovateuk.org/
Types of Project Commercialisation Prod. Prototype System Qual. System Dev. Technology Demo Technology Development Feasibility Blue sky FUN IND EXP Commercial InvestmentVenture Capital ResearchCouncils TSB and its co-funders funding Market readiness
Our toolset Range of ‘Tools’ with different objectives / characteristics
KTN’s • Aerospace, Aviation &Defence • Biosciences • Chemistry Innovation • Creative Industries • Electronics, Sensors, Photonics • Energy Generation and Supply • Environmental Sustainability • Financial Services • HealthTech and Medicines • ICT • Industrial Mathematics • Materials • Modern Built Environment • Nanotechnology • Transport Visit _connect to join our Knowledge Transfer Networks and other special interest groups - www.innovateuk.org/connect
Technology Areas • Broad Criteria • Potential global markets worth £ billions • UK world-leading research capability • UK business has ability to exploit the technology andcapture a significant share in the UK • Centres enable UK to attract and anchor knowledge intensive activities of globally mobile companies • Closelyaligned with, and essential to achieve, national strategic technology objectives
Closing the gap between concept and commercialisation Seven announced: • High Value Manufacturing • Cell Therapy • Offshore Renewable Energy • Satellite Applications • Connected Digital Economy • Future Cities • Transport Systems and Integration www.catapult.org.uk
Closing the gap between concept and commercialisation The vision: a network of world-leading centres Bringing research and business together – accelerating commercialisation Training and development and facilitate the movement of skilled individuals between knowledge base and business A £200m investment in the future of the UK economy - for the long term
Open to UK based SMEs • Applications welcome from any technology or sector area • Always open to applications • Open process – but run as a competition • All applications must meet quality threshold • Batched assessment - 6 times per year (timings on website)
Smart – grants available • Proof of Market - up to £25,000 (9 months max) • Market research • Market testing and competitor analysis • Intellectual property position • initial planning for commercialisation • Proof of Concept - up to £100,000 (18 months max) • Initial feasibility studies • Basic prototyping • Specialist testing and/or demonstration to provide proof of technical feasibility • Intellectual property protection • Investigation of production and assembly options. • Development of Prototype - up to £250,000 (2 years max) • Small demonstrators • Intellectual property protection • Trials and testing, including clinical • Market testing
Launchpad supports business innovation through a combination of: • R&D project funding • Business support • Attracting new investment • Limited to SMEs and aimed at young and early-stage companies with significant growth ambition.
Government Department / public sector body identifies a need or problem for which they need a solution • The challenge is turned into a Competition and advertised to technology businesses across the UK • Businesses bid in with their ideas – those selected may be awarded development contracts • Development Contracts – 100% funded • IP rests with business – who are encouraged to use and exploit IP • May lead to longer term supply contract
MOD largest user of SBRI, submissions through the Centre for Defence Enterprise (CDE) • CDE connects innovation to other parts of the MOD • Competitions include: • Energy efficient soldier • Lightweight weapons systems • Self-sustaining forward operating base • Lightweight personal protection • Less than lethal weapons & effects • Helicopter Rotor Blade scintillation • Explosive Ordinance Disposal • Battlefield Medical Technology
Since launch in April 2009: • We have run 124 competitions • >2700 businesses have applied • > 1000 contracts awarded to date • Total contract value >£100 million • Currently working with 40 Public sector organisations
Calls and competitions in specific technology areas • 25-30+ competitions a year • Different models - normal, fast track, feasibility studies, consortium building workshops etc. • Maximum grant determined by total competition budget – which varies £1m - £20M • Grants can be from to £25,000 to £2.5m + • Programmes run from few weeks up to 2/3 years • Intervention rate varies – typically 50% - 60% • Fast and streamlined application process
High Value Manufacturing&MaterialsEnabling TechnologiesStrategies
Advanced Materials UK businesses that produce, process, fabricate and recycle materials have an annual turnover of around £197bn. They form a critical element in the high-value manufacturing supply chain. The interdependency between advanced materials and high value manufacturing, in particular, offers a huge opportunity for innovation Innovation in advanced materials will strengthen the UK’s world-leading position as a provider of high-value-added products, processes and services bringing sustainable growth and high economic value to the UK
john.morlidge@tsb.gov.ukwww.innovateuk.orghttps://connect.innovateuk.org/homejohn.morlidge@tsb.gov.ukwww.innovateuk.orghttps://connect.innovateuk.org/home