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  1. 1. SME Innovation Support Programme
  2. 2. <ul><ul><li>Programme delivered and managed by ANGLE plc </li></ul></ul><ul><ul><li>Programme funded by LDA and ERDF </li></ul></ul><ul><ul><li>Programme delivered from ANGLE Dockland’s office </li></ul></ul><ul><ul><li>ANGLE programme director is Denis Salamon </li></ul></ul>Project briefing Partner/Delivery information
  3. 3. Project briefing The SME Innovation Support Programme aims to stimulate the development and growth of SMEs in the London Objective 2 areas through improvements in product, process, technology and business practices SME Innovation Support Programme A two plus year programme running from Jan2006-March2008
  4. 4. <ul><ul><li>Raise awareness of innovation amongst Objective 2 SMEs, particularly hard-to-reach groups (start-ups, small, service sector & ethnic minorities) </li></ul></ul><ul><ul><li>Raise awareness of potential of HEIs to support innovation </li></ul></ul><ul><ul><li>Identify business improvement opportunities </li></ul></ul><ul><ul><li>Develop and support HEI linkages </li></ul></ul><ul><ul><li>Support new product, process, service and market offerings </li></ul></ul><ul><ul><li>Stimulate R&D activity in SMEs </li></ul></ul><ul><ul><li>Support stakeholder sector, diversity and geographical targets </li></ul></ul><ul><ul><li>Develop collaborative partnerships </li></ul></ul><ul><ul><li>Build on success of the 2003-2005 programme </li></ul></ul>Project briefing SME Innovation Support Programme Objectives
  5. 5. <ul><ul><li>Company eligibility </li></ul></ul><ul><ul><ul><li>Any SME at any stage of its development </li></ul></ul></ul><ul><ul><li>Geographic eligibility </li></ul></ul><ul><ul><ul><li>Anywhere in London’s Objective 2 areas </li></ul></ul></ul><ul><ul><li>Project eligibility </li></ul></ul><ul><ul><ul><li>Any project that is innovative and likely to result in a new or improved product, process or business system and that requires university support to facilitate its delivery. </li></ul></ul></ul><ul><ul><li>Innovation </li></ul></ul><ul><ul><ul><li>Widest possible meaning so long as it has an element of “newness” </li></ul></ul></ul><ul><ul><li>University need </li></ul></ul><ul><ul><ul><li>Requirement for specific expertise that is best provided by a university and for the most part is not commercially available. </li></ul></ul></ul>Project briefing Whose it for?
  6. 6. <ul><ul><li>Business diagnostic </li></ul></ul><ul><ul><li>Opportunity development </li></ul></ul><ul><ul><li>Project plan development </li></ul></ul><ul><ul><li>Project implementation </li></ul></ul><ul><ul><li>Grant funding </li></ul></ul><ul><ul><li>Mentoring and consultancy </li></ul></ul>Project briefing Methodology
  7. 7. Project briefing How it works
  8. 8. <ul><ul><li>Up to £34k of direct financial support available </li></ul></ul><ul><ul><ul><ul><ul><li>plus </li></ul></ul></ul></ul></ul><ul><ul><li>Up to £20k of Consultancy, Mentoring & Facilitation </li></ul></ul><ul><ul><li>SMEs pay a 40% contribution towards Proof of Concept & Market Assessment </li></ul></ul><ul><ul><li>50%Match funding required at project stage </li></ul></ul><ul><ul><li>Consultancy, mentoring and project facilitation is free </li></ul></ul>Project briefing Funding and Costs
  9. 9. <ul><ul><li>Opportunity identification </li></ul></ul><ul><ul><li>Support for innovation </li></ul></ul><ul><ul><li>University linkages </li></ul></ul><ul><ul><li>Support for new or improved product or process </li></ul></ul><ul><ul><li>Grant support for product and process improvement </li></ul></ul><ul><ul><li>Up to £20k of free mentoring and consultancy </li></ul></ul>Project briefing Business Benefits
  10. 10. <ul><ul><li>The Programme is open to any SME of any size, in all eligible sectors, at any stage of its life cycle, including pre start-ups, who have an innovative idea or project opportunity that could benefit from university support. </li></ul></ul><ul><ul><li>Companies can enter and exit the Programme at any stage. </li></ul></ul><ul><ul><li>Support is tailored to meet individual company needs. </li></ul></ul><ul><ul><li>Projects not just about technology. </li></ul></ul><ul><ul><li>Since University support is a key requirement of certain Programme stages, for companies where this is not appropriate, the Programme will help to identify and facilitate links to other initiatives. </li></ul></ul><ul><ul><li>The high level of mentoring support helps to maximise success in project identification, definition and implementation as well as providing assistance in addressing underpinning business strategy development. </li></ul></ul><ul><ul><li>Structure and benefits of the Business Diagnostic. </li></ul></ul><ul><ul><li>Market assessment of business opportunity. </li></ul></ul><ul><ul><li>Secondment of Innovation Facilitator to provide a dedicated additional business resource </li></ul></ul>Project briefing Key differentiators
  11. 11. <ul><ul><li>Sarah Taylor </li></ul></ul><ul><ul><li>SME Innovation Support Programme </li></ul></ul><ul><ul><li>ANGLE plc </li></ul></ul><ul><ul><li>Knowledge Dock Centre </li></ul></ul><ul><ul><li>University of East London </li></ul></ul><ul><ul><li>London E16 2RD </li></ul></ul><ul><ul><li>Tel: 0208 223 7514 </li></ul></ul><ul><ul><li>Email: [email_address] </li></ul></ul><ul><ul><li>www.smeinnovation.org </li></ul></ul>SME Innovation Support Programme Further Information

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