20131009 Enterprise Ireland Innovation Partnership Programme Declan McGee

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Enterprise Ireland is the government organisation responsible for the development and growth of Irish enterprises in world markets. We work in partnership with Irish enterprises to help them start, grow, innovate and win export sales on global markets. In this way, we support sustainable economic growth, regional development and secure employment.

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20131009 Enterprise Ireland Innovation Partnership Programme Declan McGee

  1. 1. A Company based in Ireland . . . …. that is targeting new or improved products, processes, services, knowledge or know-how… INNOVATION PARTNERSHIP
  2. 2. …can access expertise from research teams across Ireland… TCD UCD NUIG WIT DCU UCD AIT NUIM
  3. 3. …and up to 80% of the research costs can be paid for by the …
  4. 4. The Innovation Partnership Programme supports the company through funding towards the cost of accessing top Irish Academic Institutes to do R&D work relevant to the company. A company that has identified a commercial opportunity for an innovative product, process or service that it needs to develop. (clients of EI, IDA, CEB, Udaras) That company does not have the relevant resources in terms of skills, experience, headcount or revenue to manage the R&D work alone. GAP WHO USES IT?
  5. 5. FUNDING AVAILABILITY • 40 Innovation Partnerships funded so far • Over €5 million approved • Target 60 Innovation Partnerships • Funding for good projects is available • Similar levels of funding next year 2013
  6. 6. FUNDING AVAILABILITY • Average cost of project €202,000 • Average Enterprise Ireland spend per project €125,000 • Company contribution average €77,000 (€41K cash; €36K in kind) • 2/3 Enterprise Ireland 1/3 IDA Ireland Companies 2013
  7. 7. 2008-2012 TECHNOLOGY AREAS
  8. 8. Industrial Collaborative Research Experimental Collaborative Development Every company partner will be expected to pay 20% of the project costs in cash 80% 60% 75% 50% Type of Research Small Company Medium Company Large Company 65% 40% FUNDING RATES
  9. 9. Small 1–50 employees Annual Turnover and/or Balance Sheet Not exceeding €10M Medium 50–249 employees Annual Turnover Not exceeding €50M Balance Sheet Not exceeding €43M Large Greater than 250 employees Annual Turnover Greater then €43M If a company is part of a group the employee, turnover, annual balance sheet and ownership limits apply to the group. COMPANY SIZE
  10. 10. Outline Proposal Full Proposal IRCC Commercial Logic Programme Remit Good Academic Match DA IPP Team Technical Assessor Commercial Assessment Programme Remit Technical Assessment APPLICATION PROCESS
  11. 11. Innovation Partnership Process Feasibility Study Full Proposal Technically Feasible De-Risk Tasks 100% EI Funded Not a ‘Bigger Voucher’! €9,000 2 weeks to 6 months Fast Approval Map IP Landscape
  12. 12. INTELLECTUAL PROPERTY • Refer to Policies and Procedure document (pages 27-43). • Heads of Agreement must be agreed between Company and Technology Transfer Office and submitted to Enterprise Ireland as part of the project approval process. • Heads of Agreement must be signed before funds released.
  13. 13. 71% of participant companies surveyed said that their objectives were largely or fully achieved 2/3 of clients transformed their marketing plans after completing their projects 96% of respondents would be willing to recommend the Programme to other businesses Each €1 of funding invested by EI delivered €7.71 Net Turnover Impact at company side Source: Independent Evaluation by Frontline Consultants (UK) PROGRAMME EVALUATION
  14. 14. OTHER FUNDING • Build Links between Small Business and Knowledge Providers • Exchanged for Advice and Expertise • Valid for 12 Months from issue • 3 calls per year – Current Call Closes on 9th October • Mike Dolan 01 727 2401 or www.innovationvouchers.ie • May lead to Innovation Partnership Project
  15. 15. More information Declan McGee T: 01 7272668 M: 087 9809883 E: declan.mcgee@enterprise-ireland.com Cormac Cantwell T: 7272517 E: cormac.cantwell@enterprise-ireland.com Web: www.enterprise-ireland.com/ipp
  16. 16. Play Video >>

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