Space for Growth Competition Update

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Update for TSB 'Space for Growth' innovation competition, showing division by entrant size and sector.

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Space for Growth Competition Update

  1. 1. Driving Innovation NSTP Space for Growth Competition – Analysis of Applicants Tim Just Lead Technologist – Space and Satellite Navigation tim.just@tsb.gov.uk
  2. 2. Driving InnovationFunding (50%) for CollaborativeResearch and Development with theSpace Sector that will:1. Exploit the Growth opportunities Identified in the Space Innovation and Growth Strategy2. Promote Sustainable Economic Growth3. Encourage Use of the open innovation culture established by ISIC and supporting infrastructureCofunded by UKSA and SEEDA
  3. 3. Driving Innovation NSTP Space for Growth • Fastrack – £50k to £100k – Six to Nine month project duration • Flagship – Up to £2m – One-to-two year project duration
  4. 4. Driving Innovation Timeline • Assessors Selected and briefed • Successful Applicants will be informed 1st Feb for Fast track 2012 • Successful applicants for Flagship EOI round will be invited to second stage on 16th January 2012 • Flagship projects selected and informed 30 March 2012
  5. 5. Driving Innovation Number of Applicants • Fastrack – 54 • Flagship – 11
  6. 6. Driving Innovation Strong SME participation (45%) SME Engagement (Leads) 14% 5% Large SME Micro SME 55% 26% Small SME
  7. 7. Driving Innovation OVERALL Split by Roadmap area Satellite telecommunications Sensing Position, navigation and timing Access to space Robotics and exploration
  8. 8. Driving Innovation Fast Track Split by Roadmap area Satellite telecommunications Sensing Position, navigation and timing Access to space Robotics and exploration
  9. 9. Driving Innovation Flagship Split by Roadmap area Satellite telecommunications Sensing Position, navigation and timing Access to space Robotics and exploration
  10. 10. Driving Innovation www.innovateuk.org

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