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Our initiatives to promote technology companies near Silicon Roundabout

Our initiatives to promote technology companies near Silicon Roundabout. Dr Zoë Webster – Lead Technologist (ICT) zoe.webster@tsb.gov.uk April 7 th 2011. What HMG says….

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Our initiatives to promote technology companies near Silicon Roundabout

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  1. Our initiatives to promote technology companies near Silicon Roundabout Dr Zoë Webster – Lead Technologist (ICT) zoe.webster@tsb.gov.uk April 7th 2011

  2. What HMG says…. “. . . we are making the Technology Strategy Board a key channel through which we will incentivise business-led innovation in those sectors of the UK economy which present the greatest opportunity to boost UK growth.”

  3. Funding sources vs Technology Readiness Level UNIVERSITY RESEARCH COLLABORATIVER&D Projects COMPANY BASED Or Demonstrator TSB Scope

  4. Main support mechanisms for business • Competitions for R&D funding • Grant for R&D • Knowledge Transfer • Innovation Platforms • SBRI (pre-commercial procurement) • Signposting and support to European programmes • TechCityLaunchPad • Plus events for promotion, networking and roadmapping

  5. Main support mechanisms for business • Competitions for R&D funding • Grant for R&D • Knowledge Transfer • Innovation Platforms • SBRI (pre-commercial procurement) • Signposting and support to European programmes • TechCityLaunchPad • Plus events for promotion, networking and roadmapping

  6. TechCityLaunchPad - £1m pilot scheme • To support small and micro digital businesses around Silicon Roundabout • Up to £100k per project as a 50% grant • Collaborative or single-company • 12 month period of grace during which to find matching private funding • Pitchfest to help further matchmaking

  7. TechCityLaunchPad process • May 6-26th: Submit a 2 min video (open or closed viewing) • Independent assessment (2-3 weeks) • Top scorers will be asked to submit a short business plan • Independent assessment (2-3 weeks) • Winners get ‘promissory note’

  8. Grant for R&D • For pre-start-ups, start-ups and SMEs • Assessed in 2-monthly batches

  9. For even more information and online networking… For more information… www.innovateuk.org www.innovateuk.org/connect

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