IGNITE your…. TSB grants
Presenter – Mark Glover, Director Business Planning, from Technology Strategy Board will be presenting on
“The support to small businesses provided by the various TSB grants and schemes"
Mark is responsible for the definition and management of organisational strategy, strategic partnerships, EU and international engagement and organisational improvement and change.
The Technology Strategy Board is the UK's innovation agency. Our goal is to accelerate economic growth by stimulating and supporting business-led innovation.
1. Mark Glover
12th January 2011
Driving Innovation
The Technology Strategy Board
An Overview of the TSB
September 2013
Mark Glover Director Strategy & Planning
2. “The Technology Strategy Board is the
UK’s national innovation agency.
Our goal is to accelerate economic
growth by stimulating and supporting
business-led innovation.”
3. Who we are
• The UK’s innovation agency – sponsored by the
Department for Business Innovation and Skills
• Working across business, universities and government
• We are primarily recruited from business and have a
business led Governing Board
• We are responsible for investing over £440m per year in
innovation
• At any time we are directly supporting over 4000
businesses across the UK
4. The Challenge we address
• Business investment is too low and too late
• Constrained by Technical and financial risks & access to Capital
• Innovation disrupts value chains and business models
• New partnerships are required to build new supply chains
• Investment and innovation is required at multiple points
• Longer term trends not visible to all players
• Impact and opportunities from emerging technologies & policies
• Innovation ecosystem is complex and inefficient
• Fragmented and difficult to navigate, knowledge flows impeded
• Government does not make best use of its levers
• Procurement, regulation, standardisation, fiscal incentives
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5. Our Strategy focuses on
five key areas
1. Accelerating the journey between concept
and commercialisation
2. Connecting the innovation landscape
3. Turning government action into business
opportunity
4. Investing in priority areas based on potential
5. Continuously improving our capability
7. What are our Criteria?
• Market
– What is the current and projected size, how fast is it growing, who
are the competition?
• Capability
– Does the UK have a strong research base in the area, the skills, the
business capacity?
• Timing
– Is the cost curve balanced by the value curve?
• Additionality
– Why should the taxpayer support this project?
8. The Toolset
Range of Tools with different objectives / characteristics
Collaborative
R&D
Smart
Launchpad
Entrepreneur
Missions
Innovation Knowledge
Centres (IKCs)
9. Innovation Vouchers
The Innovation Voucher can enable your business to
access knowledge for all types of innovation – for
example:
• ideas for new or improved products, processes and
services
• using design to improve your ideas
• managing your intellectual property
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10. • Single-company grants for proof of market projects, proof of
concept or development of prototypes – up to £250k
• Open to UK based businesses (SMEs) and start-ups from all
sectors and technologies
• 90% Smart grant winners are small or micro companies and over
60% are less than 5 years old
• Always open for applications
• Fast process - 30 day decision turnaround
• A competitive process - only the best, most innovative and
commercially promising ideas will get funding
Smart
11. Knowledge Transfer Partnerships
• Improves business
competitiveness and unlocks
innovation capability
• Draws on the expertise in
universities and colleges
• In a KTP a recently qualified
individual is placed into a
company to work on a
challenging innovation
project.
12. Eurostars
• Supports collaboration between research and innovation-
performing SMEs at a European level
• Projects must involve at least two participants from two
different Eurostars member countries
• Can address any technology area, but must aim to develop a
new product, process or service with a civilian purpose
• Academics and large companies welcome to participate in
projects but must fund themselves
• Funded at 50%; maximum grant up to £300k per UK
participant in any single project.
• Two calls for proposals each year.
13. Biomedical Catalyst Fund
TSB and MRC
• Open to both business led and academic led projects
• Feasibility Award
– enables the exploration and evaluation of the commercial potential of
an early-stage scientific idea
• Early Stage Award
– to evaluate the technical feasibility of an idea and establish proof of
concept in a model system
• Late Stage Award
– takes a well-developed concept and demonstrates its effectiveness in
a relevant environment
14. • Competitions run within specific technology themes
• Typically run 40+ competitions each year
• Support collaborations between businesses and between
businesses and academia
• Most competitions open to businesses of all sizes
• Feasibility Studies – aimed specifically at Start-ups and
Micros
• £25k - £1m grant
• Programmes run from few weeks up to 2/3 years
• Intervention rate varies – typically 50% - 60%
Collaborative
R&D
15. SBRI – procuring innovation
• A competition process which uses public sector
challenges to stimulate innovation.
• Helps the public sector to access novel ideas and work
with innovative companies
• Provides an easy way for SMEs to engage with the
public sector
• Gives companies a lead customer and a route to market
• Used by many Government departments and other
bodies
16. Demonstrator Projects
• Low Carbon Vehicle Demonstrator – 340 cars on the road
drive by “real” people
• Retrofit for the Future – 118 social homes converted to
designs which promised 80% cuts in carbon dioxide emissions
• ICtomorrow – a “walled garden” in cyberspace to explore new
applications and business models
• DALLAS – 30,000 to 50,000 older adults testing most
innovative products and systems
• Future Cities Demonstrator – £24m for a single city after 30
design studies
17. Aerospace, Aviation & Defence HealthTech and Medicines
Biosciences Industrial Mathematics
Chemistry Innovation Information & Communication Technologies
Creative Industries Materials
Electronics, Sensors, Photonics Modern Built Environment
Energy Generation and Supply Nanotechnology
Environmental Sustainability Transport
Financial Services
Knowledge Transfer Networks
• 60,000 KTN members – and rising
19. Entrepreneur Missions
• Week-long missions to key overseas locations
• Enable fast-growing technology companies to connect
with potential partners, investors, customers, media
and other stakeholders overseas.
• For start-ups, micro companies and SMEs
• Up to 20 participants per mission, selected by
competition
• Companies pay travel costs: the Technology Strategy
Board (& other sponsors) covers the organisation
20. Innovation and Knowledge Centres
• To accelerate commercialisation of world-class
science and emerging technologies
• Co-funded with the Research Councils
– Core capabilities in science and technology
– Facilities and equipment
• Existing Centres :-
– Cambridge Advanced MfrTech for Photonics & Electronics
– Cranfield Ultraprecision & Structured surfaces
– Queens Belfast Secure information technologies
– Leeds Medical Technologies
– Swansea Sustainable innovative func. industrial coatings
– Cambridge Smart Infrastructure & Construction
– Imperial Synthetic Biology
IKCs
22. Catapults
Helping business to
identify, adopt and exploit
innovative technologies Core Projects
Key challenges and barriers
A unique technical capability
Industry & research
advisory groups
Demonstration projects
Disseminate to industry
CR&D
Innovation in collaborations
Bring together customers, SME’s
& blue-chip companies
Technical & management resource
Partners in Projects (TSB & EU)
Expertise at unlocking funding
Industry R&D
Access to unique facilities
& expertise
Develop & demonstrate at scale
Reduce risk of implementation
Direct contracts for projects
Easy access for SMEs
24. How to engage
Take a look at our website – innovateuk.org
Sign up to receive automatic e-mail alerts, e-newsletter,
news of competitions etc
Look at the competitions pages to see what may be of
interest to your business
Visit _connect to see what it offers
Join up with one or more of our KTNs – it’s free !
Take a look at the Catapult centres and the support they
offer to business
Keep an eye on what we are doing and the opportunities
on offer
25. Mark Glover
Director – Strategy & Planning
mark.glover@tsb.gov.uk
www.innovateuk.org
connect.innovateuk.org