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Creative Business Development Briefing - March 2015

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Creative Business Development Briefing - March 2015

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Creative Business Development Briefing - March 2015

  1. 1. Creative Business Development Briefing March 2015
  2. 2. What is this briefing? • A digest of useful information for UK creative industries businesses seeking funding,financing and business development support, updated every month • Brought to you by the following organisations:
  3. 3. Contents • Public funding calls • Other public funding • Private financing • Other financing mechanisms • Support resources • February events • Other information • *Create UK
  4. 4. Public funding calls Building whole-life performance Key feature: Investment for collaborative R&D projects that can lead to improve the whole-life performance of buildings. Proposals should involve research into new knowledge for developing products, processes or services intended for deployment during any stage of a building’s lifecycle. Scale: • Up to £4m Programme: collaborative R&D between business and academia Timeline: This is a two-stage competition that opened for applicants on 23 February 2015. The deadline for registration is at noon on 1 April 2015 and the deadline for expressions of interest is at noon on 8 April 2015. Further competition info at innovateuk.org
  5. 5. Public funding calls Childcare provision for parents Key feature: DfE is seeking the development of a new, engaging and innovative solution which provides accurate information about childcare provision for parents. DfE, supported by Innovate UK is using Phase 2 of the SBRI process to support the prototype development of selected proposed solutions. Scale: • Up to £200K Programme: Small Business Research Initiative (SBRI) – relevant for SMEs Timeline: competition opens 2 Feb 2015; registration closes 25 March 2015; competition closes 25 March 2015. More info at innovateuk.org including details of how to register for a briefing Event, March 13th
  6. 6. Public funding calls Circular economy: business models Key feature: Investment in feasibility studies into the business case for retaining value in durable goods through reuse, remanufacture or leasing/maintenance. Scale: • Up to £800K Programme: Feasibility Studies – must be collaborative and business-led, open to companies of any size Timeline: registration closes Wednesday 11 March 2015; deadline for applications Wednesday 18 March 2015. More info at innovateuk.org
  7. 7. Public funding calls Solving urban challenges with data – Feasibility study Key feature: Investment for feasibility studies projects for innovative, commercial solutions to increase the resilience, quality of life or economic performance of urban areas by integrating environmental, social and/or economic data with data from other sources. Scale: • Up to £2.5m Programme: Feasibility Studies – must be collaborative and business led, open to companies of any size Timeline: registration closes Wednesday 11 March 2015; deadline for applications Wednesday 18 March 2015. More info at innovateuk.org
  8. 8. Public funding calls Better interactions between people and machines – Knowledge Transfer Partnerships Key feature: Investment in Knowledge Transfer Partnerships (KTPs) in the area of user experience (UX) to encourage new, enhanced forms of interaction between computing systems and the people who use them. This KTP competition also runs in parallel with a competition for feasibility studies (see following slide). Scale: up to £1m available Programme: KTPs – opportunity for businesses of any size to work with academic institutions. Timeline: competition opened 7 November 2014, and the deadline for applications is noon on the 15 April 2015. More info at innovateuk.org.
  9. 9. Public funding calls Better interactions between people and machines – Feasibility Studies Key feature: Investment in feasibility studies in the area of user experience (UX). The aim is to encourage new and improved ways for machines, their computing systems and people to interact. Scale: up to £500K available. Small businesses could receive up to 70% of their eligible project costs and medium-sized businesses up to 60%. Projects are expected to have total costs of up to £50K. Programme: Feasibility Studies – must be collaborative and business-led, open to companies of any size Timeline: competition opens 16 February 2015, registration closes 25 March and the deadline for applications is 1 April 2015. More info available at innovateuk.org.
  10. 10. Public funding calls Wearable Technologies Innovation Contest Key feature: The IC tomorrow Wearable Technologies Innovation contest is aimed at encouraging innovation in wearable technology across the themes of hospitality, accessibility, entertainment, design, sport and wellbeing, health and safety. Scale: this contest will offer 6 businesses up to £35K each Programme: IC tomorrow - connecting start-ups and SMEs with leading commercial partners and investors. Closes: application deadline is 12 noon on Tuesday 10 March More info available at innovateuk.org
  11. 11. Public funding calls Enhancing user experience using personal data Key feature: Investment to support new ways of enhancing user experience in the digital economy. Scale: up to £2m Programme: Feasibility Studies – must be collaborative and business-led, open to companies of any size. Timeline: competition opens 16 March, registration closes 29 April, competition closes 06 May. Briefing events to be held in London 17 March, Manchester 19 March & Edinburgh 20 March. More info available at innovateuk.org
  12. 12. Public funding calls Enhancing user experience in retail Key feature: Investment to support new ways of enhancing user experience in retail. Scale: up to £4m Programme: Collaborative research and development Timeline: Competition opens 16 March, registration closes 29 April, competition closes 06 May. Briefing events to be held in London 17 March, Manchester 19 March & Edinburgh 20 March. More info available at innovateuk.org
  13. 13. Public funding calls Enhancing customer experience in rail travel Key feature: Innovate UK & the FutureRailway programme are investing to support business innovation in digital technologies that improve the customer experience in the UK and international rail markets. Scale: up to £6m Programme: Collaborative research and development Timeline: competition opens 09 March, registration closes 15 April, competition closes 22 April. More info available at innovateuk.org
  14. 14. Public funding calls "Smart" grants for start-ups and small businesses Key feature: A grant scheme which offers funding to small and medium- sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology. Scale: • Proof of market - up to £25k - 60% of project cost • Proof of concept - up to £100k - 60% of project cost • Prototype development - up to £250k - up to 45% of project cost Closes: 26th March 2015 More info on: innovateuk.org
  15. 15. BFI Film Fund Each year the BFI Film Fund invests over £26m of Lottery funds to support film development, production and distribution activity in the UK. • Applications are welcomed for film projects in all genres, and BFI are committed to promoting diversity in the filmmakers they support. • The fund also supports: a) independent UK distributors to help ensure that the best British and specialised films connect with a wide range of audiences across a range of platforms b) sales companies that are launching new UK films at key international film festivals and markets. Applications can be made to the Film Fund at any time, and you should expect to receive an initial response within six to eight weeks. Full application guidelines available here. Public funding calls
  16. 16. Creative England film production funding Key feature: Creative England now offers two strands of film production funding for both feature and high-end TV drama. • Lottery-based Production Fund: this is targeted at feature films with budgets of up to £2m and looking to experiment with innovative approaches; the fund has doubled from £500K to £1m for 2014/2015. • West Midlands Production Fund: invests in the production of feature films and high-end TV drama from companies based in the West Midlands as well as from producers looking to establish a base to film in the region. Circa £4m funding available for 2015, with a maximum investment of £1m per project. More info at creativeengland.co.uk Public funding calls
  17. 17. Public funding calls Creative Industry Finance Delivered by Creative United and funded by Arts Council England, this programme is designed to assist creative and cultural enterprises in securing the finance they need to successfully develop and grow into sustainable businesses. Creative businesses can receive up to 12 hours free expert business advice, with advisors that can help with investment readiness, strengthening business skills and identifying new revenue streams. Access to loan finance from £2,500 upwards is available from their various Lending Partners, with low interest rate options and affordable repayment schedules. For more info – incl. eligibility criteria – please see the Guidance section of their website or email info@creativeindustryfinance.org.uk
  18. 18. Public funding calls Nesta Impact Investment Key feature: An equity investment fund investing in social ventures with innovative products or services that are addressing some of the UK’s most pressing challenges. Investments are made in areas that tackle: • the health and wellbeing of an ageing population • the educational attainment and employability of children and young people • the social and environmental sustainability of communities. Scale: between £150k - £1m Closes: ongoing More info on Nesta Investments
  19. 19. Public funding calls Open Project Funding Key feature: This fund supports the arts, screen and creative industries, with projects that help them explore, realise and develop their creative potential, widen access to their work, and enrich Scotland’s reputation as a distinctive creative nation connected to the world. Scale: • For applications up to £15K - decisions will take up to 8 weeks from the date application form received. • For applications over £15K – decisions will take up to 12 weeks. • For applications over £100K (up to a maximum of £150K) - prior approval required from Creative Scotland before applying. Opens: all applications accepted from 31st October 2014 More info at creativescotland.com
  20. 20. Public funding calls Horizon 2020 ICT-19-2015 Key feature: R&D funding of new or emerging technologies (e.g. 3D and augmented reality technologies) for digital content creation to support the creative and media industries and for unlocking complex information and media and interacting with them. Scale: €561,000,000 Closes: 14th April 2015 Click here for a complete briefing on Horizon 2020. Further info: Horizon 2020 website, UK list of National Contact Points for Horizon 2020 and the Enterprise Europe Networks
  21. 21. Public funding calls Horizon 2020 ICT-20-2015 Key feature: This challenge encourages public procurement of innovative solutions to address the needs of the digital learning ecosystem in making better use of educational cloud solutions, mobile technology, learning analytics and big data, and to facilitate the use, re-use and creation of learning material and new ways to educate and learn online. Scale: €561,000,000 Closes: 14th April 2015 Click here for a complete briefing on Horizon 2020. Further info: Horizon 2020 website, UK list of National Contact Points for Horizon 2020 and the Enterprise Europe Networks
  22. 22. Other public funding • Arts & Humanities Research Council – the AHRC offers postgraduate and research funding opportunities which include opportunities in knowledge exchange and partnerships and international research. • Creative Europe - here you can find relevant information concerning funding opportunities within the Creative Europe programme. . • Arts Council of Wales – offer a selection of arts grants for creative professionals and organisations. • Screen Yorkshire – Yorkshire Content Fund – production finance available; can invest £1m+ in individual film or TV dramas that will be in production by December 2015.
  23. 23. Private financing • Better Business Finance is an excellent tool for identifying the right type of finance at all stages of a business as well as identifying providers who can help. This section provides a searchable directory of information about the members of the UK Business Angels Association, what services they provide and how to contact them. • British Private Equity and Venture Capital Association provides an explanation of different types of financing and other resources for entrepreneurs. • The UK Business Angels Association is the national trade association representing angel and early-stage investment in the UK.
  24. 24. Other financing mechanisms • Crowdfunder.co.uk – UK’s largest crowdfunding network having launched 1000’s of projects and raised over £2m, platform launched by KEO digital and partners include NESTA and Plymouth University • Funding Circle – an online marketplace which allows savers to lend money directly to SMEs; the first site to use peer-to-peer lending for business funding in the UK; as of February 2014 Funding Circle has facilitated £223 in loans to SMEs • Kickstarter.com – a global crowdfunding platform based in the United States; the company’s stated mission is to help to bring creative projects to life; since launching in 2009, 7m people have pledged $1bn, funding 70,000 creative projects
  25. 25. Support resources for businesses • AIM Start Up Loans - Government supported start-up loans for the Creative Industries. • Creative skillset – supports businesses within the Creative Industries to develop skills and talent • East London Small Business Centre - ELSBC is a not for profit organisation dedicated to helping businesses reach their entrepreneurial potential through one to one business support and loan funding. • Growth Accelerator – works with businesses from a diverse range of sectors; key eligibility criteria include fewer than 250 employees and annual turnover under £40m.
  26. 26. Support resources for businesses • NESTA’s Creative Business Mentor Network - offers ambitious creative companies one-to-one mentoring with some of the creative sectors most successful business leaders. • Seedcamp - a London based accelerator that provides startups with seed money, mentorship, office space, support over a year long programme. • School for Creative Start-ups - delivers programmes that teach people how to start and run better businesses.
  27. 27. March Events Digital Business Drop-In – London, 05 March Moneyballing Music: Big Data, Consumers and A&R - London, 10 March The Sharp Project’s ‘Digital Teapot’ - Manchester, 12 March VentureFest York - 12 March FutureFest – London, 14-15 March £6M Enhancing User Experience in Retail and Using Personal Data – briefing events: London 17 March, Manchester 19 March & Edinburgh 20 March West Midlands Production Fund Event with Creative England – London, 18 March Save the Date - Finance your Creative Business - London, 19 March The Digital Skills Summit: Powered by Wired Sussex - Brighton, 23 March Advertising Week Europe – 23-27 March, London
  28. 28. Email your interest to manchester@creativeengland.co.uk Email your interest to london@creatvenegland.co.uk If you would like to express your interest at attending the Manchester or London events please let us know.
  29. 29. Other Information • The Warwick Commision’s Enriching Britain: Culture, Creativity and Growth report was launched last month. Its key message is that government and the cultural and creative industries need to take a united and coherent approach that guarantees equal access for everyone to a rich cultural education and the opportunity to live a creative life. • Via scraping Kickstarter data about UK video games projects launched from September 2011 – January 2015, recent Nesta research has set out to evaluate the state and evolution of crowdfunding for UK video games projects. Findings available here. • Scotland’s Cultural Enterprise Office maintain a comprehensive list of organisations and websites providing support to creatives working in Scotland • An independent report finds that creative sector tax reliefs are playing a major part in stimulating business growth and a return of more than £6bn a year for the UK economy.
  30. 30. Other Information • Creative England has joined forces with Ukie, the trade body that aims to support, grow and promote the UK’s games and interactive entertainment industry, to deliver a series of FREE marketing training workshops. • Apply now for Power To The Pixel’s ‘Pixel Lab 2015’ open to producers, commissioners, financiers, distributors, writers, directors, games & interactive designers and artists with a strong track record in their chosen field from any media sector. Deadline to apply - Thursday 26 March, 18.00BST. • The Business Finance Guide – a journey from start-up to growth is a joint publication by the ICAEW Corporate Finance Faculty and the British Business Bank. The guide outlines sources of finance available to businesses – ranging from start-ups to SMEs and growing mid-sized companies. • A Short Guide For Innovate UK Competition Applicants - The Knowledge Transfer Network (KTN) has produced this short guide to help make clear what an assessor for Innovate UK competitions is looking for.
  31. 31. • Key findings from the recent DCMS Creative Industries Economic Estimates report include: the GVA of the creative industries is now worth £76.9bn per year to the UK economy which equates to £8.8m per hour; in 2012 the creative economy provided 2.6m jobs (1 in 12 UK jobs). • Click here to read Creative Industries Council’s strategy, Create UK • Go to www.thecreativeindustries.co.uk website for sector specific data and information • Visit https://app.hiive.co.uk/talent/ to find employees or join the workforce • Read Innovate UK’s Creative Industries Strategy 2013-2016 highlighting convergence, data and transactions as key pillars of innovation.
  32. 32. Something else we've missed? Please let us know, plus sign up for monthly updates at: creativeindustries@ktn-uk.org
  33. 33. Thanks laura.scanga@ktn-uk.org Head of Creative Industries Knowledge Transfer Network

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