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Creative Business Development Briefing - February 2015

Creative Business Development Briefing - February 2015

Creative Business Development Briefing - February 2015

  1. 1. Creative Business Development Briefing February 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 Closes: This is a two-stage competition that opens 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. Details of how to register for UK brokerage events available here. 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 2nd Feb 2015; registration closes 25th March 2015; competition closes 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 Closes: registration closes Wednesday 11th March 2015; deadline for applications Wednesday 18th March 2015. Details of how to register for a competition workshop on March 3rd at Resource 2015 available here. 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 Closes: registration closes Wednesday 11th March 2015; deadline for applications Wednesday 18th 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. Competition opened 7th November 2014, and the deadline for applications is noon on the 15th 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 Competition opens 16th February 2015, registration closes 25th March and the deadline for applications is 1st 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. More info available at innovateuk.org
  11. 11. 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 and the budget is set to rise to £30m by 2017. • Applications are welcomed for film projects in all genres, and we are committed to promoting diversity in the filmmakers we support, the stories they tell and the audiences they reach. • 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
  12. 12. 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
  13. 13. Public funding calls Creative Industry Finance Key Feature: This is an Arts Council England initiative offering business development support and access to finance to a wide range of creative and cultural enterprises, from micro-businesses through to major institutions. Scale: will consider applications for loans from as little as £2,500 up to £15m Closes: there is no deadline for applying to Creative Industry Finance More info on creativeindustryfinance.org.uk
  14. 14. 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
  15. 15. 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
  16. 16. 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
  17. 17. 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
  18. 18. 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.
  19. 19. 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.
  20. 20. 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
  21. 21. 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.
  22. 22. 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.
  23. 23. February Events Digital Bristol Week – Bristol, 2nd -8th February Skills empowerment workshop for women working in the games industry – London, 2nd February Animex Festival at Teeside University – Middlesbrough, 9th-13th February Arts Council of Wales’ annual conference ‘Risking Delight: The Arts as a Resource for Hope’ – Cardiff, 12th February Digital Innovation The Shed Launch Event – Manchester, 12th February Innovate UK Creative and Digital Meet-up Event – Liverpool, 12th February Funding for innovation in the creative industries – organised by Golant Media Ventures & Digital Catapult Centre, London 16th February New Social Media & Streaming in Music & Media – London, 24th February
  24. 24. Other Information • The Creative England 50 – from filmmakers to animators, app makers to scriptwriters, this study showcases companies across England that have turned a bright idea into commercial success. • ‘The geography of the UK’s creative and high–tech economies’ – this Nesta report is the first systematic analysis of employment in the UK’s creative and high-tech economies. It analyses their size, growth and distribution across the country • Scotland’s Cultural Enterprise Office maintain a comprehensive list of organisations and websites providing support to creatives working in Scotland • GP Bullhound is a leading investment bank providing advice on M&A and institutional capital-raising to growth companies in the technology sector. Its ‘Technology Predictions 2015’ publication offers an informed overview of key trends currently driving innovation across the creative industries.
  25. 25. Other Information • The Copyright Hub provides: copyright information/education to a wide audience; and access for users to simpler licensing, with much lower transaction costs, via websites connected to the Copyright Hub • International Broadcasting Convention(IBC) 2015 Innovation Awards - Call for Entries – There are three core IBC Innovation Awards: for the most innovative projects in Content Creation, Content Management and Content Delivery. The deadline to apply is 21st February. • 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 sets key things to consider and 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.
  26. 26. • Key findings from the DCMS Creative Industries Economic Estimates report published last month 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
  27. 27. Something else we've missed? Please let us know, plus sign up for monthly updates at: creativeindustries@ktn-uk.org
  28. 28. Thanks laura.scanga@ktn-uk.org Head of Creative Industries Knowledge Transfer Network

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