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South West Microelectronics iNet

South West Microelectronics iNet. January 2013. Microelectronics in the SW. The iNet has now identified nearly 800 sector companies across the region. 18000+ jobs > $6Bn of FDI over 10 years, still growing > $4Bn of Equity and other capital raised Leading research and HEI

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South West Microelectronics iNet

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  1. South West Microelectronics iNet January 2013

  2. Microelectronics in the SW • The iNet has now identified nearly 800 sector companies across the region. • 18000+ jobs • > $6Bn of FDI over 10 years, still growing • > $4Bn of Equity and other capital raised • Leading research and HEI • Large multinationals to SMEs to startups • Infrastructure – incubators, science parks • Serial Entrepreneurs • Rich heritage to recent acquisitions

  3. In context… • Over one third of new cars, worldwide, contains a microcontroller designed in Bristol • - Steve Neill, Infineon • ST has now shipped over a billion microprocessors designed in Bristol • - Bill Fletcher, ST • The second largest silicon design cluster in the world, after San Jose / Silicon Valley, is centered around Bristol & Bath • - Malcolm Penn, Industry Analyst

  4. The Microelectronics iNet Process Innovation Labs Competitions

  5. Other iNet ‘products’ • Innovation Labs • Funding Competitions • Reviews, Audits and Diagnostics • ICT, Innovation Readiness, IP, Legal • Horizon scanning and service development • Technical workshops and seminars • Networking events • Commercial product development

  6. So does it work?

  7. Connectivity • We have active engagements with: • Universities. UWE, UoB, Exeter, Plymouth, Bournemouth – Consortium + delivery partnerships • WoE LEP, Director on LEP sector group, acts as advisory board • KTNs – on the management team • TSB – active as program assessors • BIS – direct involvement on management team • UKTI, EEN, MAS – delivery partners • Regional networks – SETsquared, UWE Ventures, Business West, SW Universities, SWSPIL, SW-GROW • BTCs, Regional innovation centres • Leading or supporting new initiatives • Catapult centres, Engine Shed • Actively supporting research bids

  8. Outputs – Immediate and Deferred * Complete / Not complete yet, but expected to do so ** Beneficiary companies’ forecasts

  9. Outputs – By Source

  10. Are Business Assists a good target? • Can we really impact innovation practice in 2 days? • Can we legitimately claim to create a job? • Can 2 days lead to a product launch? • How can we make them more effective? • Leverage the support community • ‘Stack’ them into effective delivery mechanisms

  11. Barriers for SME engagement • Timeliness • Need rapid decision and deployment • Procurement • Overheads are significant for SMEs • Cash Flow • SME has to carry the principal burden • Burden of proof • A lot of paperwork for a perceived small benefit

  12. Can we claim real legacy? • Some assisted companies have now themselves provided mentors for next phase • Where real growth has occurred, companies are collaborating again fully at own cost • Some iNet designed services (Strategic review Boards, Innovation Labs) are now being used by other organizations • Growth through job creation and product launch

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