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David bott tsb for bbaa


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David bott tsb for bbaa

  1. 1. <ul><li>Concept to Commercialisation </li></ul><ul><li>A strategy for business innovation, 2011-2015 </li></ul><ul><li>David Bott </li></ul><ul><li>Director of Innovation Programmes </li></ul>Mark Glover 12 th January 2011
  2. 2. In case you see one lying around!
  3. 3. What is the problem we are addressing? <ul><li>Business investment is too low and too late </li></ul><ul><ul><li>Technical and financial risks need to be mitigated </li></ul></ul><ul><ul><li>The time for financial return is too long for many players </li></ul></ul><ul><li>Innovation disrupts value chains and business models </li></ul><ul><ul><li>New partnerships are required to build new supply chains </li></ul></ul><ul><ul><li>Investment and innovation is required at multiple points </li></ul></ul><ul><li>Longer term trends not visible to all players </li></ul><ul><ul><li>Impact and opportunities from emerging technologies & policies </li></ul></ul><ul><li>Innovation infrastructure complex and inefficient </li></ul><ul><ul><li>Fragmented and difficult to navigate </li></ul></ul><ul><ul><li>Sub-national picture changing and less money available overall </li></ul></ul>
  4. 4. Focus on five areas <ul><li>Accelerating the journey between concept and commercialisation </li></ul><ul><ul><li>Understand the business journey and accelerate it </li></ul></ul><ul><ul><li>Provide a coherent package of support – matched to needs </li></ul></ul><ul><ul><li>Specific SME package – but recognise role of larger companies </li></ul></ul><ul><ul><li>Promote knowledge exchange </li></ul></ul><ul><li>Connecting the innovation landscape </li></ul><ul><li>Turning government action into business opportunity </li></ul><ul><li>Investing in priority areas based on potential </li></ul><ul><li>Continuously improving our capability </li></ul>
  5. 5. 2014/15 High Value Manufacturing Digital Services Sustainability Energy Generation and Supply Built Environment Transport Healthcare Food Supply Development Knowledge Transfer Networks Technology and Innovation Centres Knowledge Transfer Partnerships Advanced Materials Biosciences Electronics, Photonics and Electrical Systems Information and Communications Technology Grant for Research and Development
  6. 6. Demonstrator Projects <ul><li>Low Carbon Vehicle Demonstrator – 340 cars on the road drive by “real” people </li></ul><ul><li>Retrofit for the Future – 118 social homes converted to designs which promised 80% cuts in carbon dioxide emissions </li></ul><ul><li>ICtomorrow – a “walled garden” in cyberspace to explore new applications and business models </li></ul><ul><li>DALLAS – 30,000 to 50,000 older adults testing most innovative products and systems </li></ul>
  7. 7. Technology and Innovation Centres <ul><li>Business-focused centres that make world-leading technical capability available to businesses to solve their technical challenges </li></ul><ul><li>Provides - </li></ul><ul><li>Access to world-leading technology & expertise </li></ul><ul><li>Reach into the knowledge base for world-leading science </li></ul><ul><li>Capability to undertake collaborative R&D projects and contract research with business </li></ul><ul><li>Strongly business focused with a professional delivery ethos </li></ul><ul><li>Critical mass of activity creating a focal point </li></ul><ul><li>Skills development at all levels </li></ul>
  8. 8. Tech City LaunchPad <ul><li>New delivery mechanism </li></ul><ul><li>2 minute video first stage </li></ul><ul><li>Publically available for comment </li></ul><ul><li>Rapid turn-round second stage </li></ul><ul><li>50% funding offered “up front” </li></ul><ul><ul><li>Up to £100k per proposal </li></ul></ul><ul><li>… with 12 months to match </li></ul><ul><li>Funders forum – August 11th </li></ul>
  9. 9. Tech City LaunchPad <ul><li>221 proposals submitted </li></ul><ul><ul><li>>80% new to Technology Strategy Board </li></ul></ul><ul><ul><li>>90% younger than 5 years and less than 10 people </li></ul></ul><ul><ul><li>50% within “Tech City” area </li></ul></ul><ul><ul><li>60% single company, 40% collaborations </li></ul></ul><ul><li>41 judged by assessors to be of high quality </li></ul>
  10. 10.
  11. 11. So? <ul><li>The Technology Strategy Board was set up to support UK economic growth </li></ul><ul><li>It has used a variety of tools to support UK base companies to be more innovative </li></ul><ul><li>We are moving to support smaller and earlier stage companies that we have previously properly engaged with </li></ul><ul><li>We are also developing new support mechanisms that will provide more effective support – and that would benefit from us working together </li></ul>
  12. 12. And we’re accessible…. <ul><li> e: m: +44 7802 788435 tw: david_bott bl: li: sl: innovato charman sk: davidbott3 </li></ul>