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BBSRC Bioscience 
for Industry 
Meeting 
Nick Bassett 
Lead 
Technologist, 
Biosciences 
September 2014 
InvestNIand Innov...
The aim is to cover: 
•Who we are 
•What we do 
•Where you look
We accelerate economic growth by stimulating and supporting business-led innovation. 
UK’s innovation agency for business....
What are our Criteria? 
Capability: 
Can the UK do it? 
Market: 
Is there a large market opportunity? 
Timing: 
Is the ide...
Market readiness 
ResearchCouncils 
Commercial Invest. Venture Capital 
Blue sky 
Feasibility 
Technology Demo 
System Dev...
Anticipated commitments in priority areas, 2014-15 
InvestNIand Innovate UK –Working Together 
Belfast 2ndDecember 2014
Collaborative Research and Development 
-Used to drive engagement between businesses or with universities –in themed areas...
From the toolset, what are the most relevant tools? 
LaunchPads 
•2 minute video Application process 
•First run in Tech C...
What they do: 
•Technology and innovation centres 
•Businesses, scientists and engineers can work together on R&D 
•Reduce...
•Driven by business need 
•Annual project budget of ~£65k 
•Typically: 
-67% grant funding for SME 
-50% for large company...
•Agri-Tech Catalyst 
•Biomedical Catalyst 
•Energy Catalyst 
•Industrial Biotechnology Catalyst 
•Rolling competitions and...
Technology Inspired Feasibility Studies 
•Up to £2m Competition 
•Single stage competition process 
•Projects must be busi...
•Built on the foundation of our 2011-2015 strategy, Concept to Commercialisation. 
•Highlights our planned our activities ...
Thank youwww.innovateuk.org 
nick.bassett@innovateuk.gov.uk 
07717 336481
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Innovation and R&D Escalator Workshop: Nick Bassett - Introduction to Innovate UK

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Innovation and R&D Escalator Workshop: Nick Bassett - Introduction to Innovate UK.

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Innovation and R&D Escalator Workshop: Nick Bassett - Introduction to Innovate UK

  1. 1. BBSRC Bioscience for Industry Meeting Nick Bassett Lead Technologist, Biosciences September 2014 InvestNIand Innovate UK -Working together Belfast Nick BassettLead Technologist, BiosciencesDecember 2014
  2. 2. The aim is to cover: •Who we are •What we do •Where you look
  3. 3. We accelerate economic growth by stimulating and supporting business-led innovation. UK’s innovation agency for business... InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  4. 4. What are our Criteria? Capability: Can the UK do it? Market: Is there a large market opportunity? Timing: Is the idea ‘ready’? Additionality: Can we make a difference? InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  5. 5. Market readiness ResearchCouncils Commercial Invest. Venture Capital Blue sky Feasibility Technology Demo System Dev. System Qual. Technology Development Prod. Prototype Commercialisation Types of Project… Pre-industrial Research Industrial Research Experimental Development Technology Strategy Board
  6. 6. Anticipated commitments in priority areas, 2014-15 InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  7. 7. Collaborative Research and Development -Used to drive engagement between businesses or with universities –in themed areas and communities Smart -Used to support single companies in areas they choose -Proof of market, proof of concept & prototype SBRI -Contracts with Gov. Depts. that lead to procurement From the toolset, what are the most relevant tools? InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  8. 8. From the toolset, what are the most relevant tools? LaunchPads •2 minute video Application process •First run in Tech City in 2011 -15 of 18 companies successful Missions •Joint activity with UK Trade & Investment (UKTI) •Take new companies to a global centrein their area where they meet potential customers, suppliers, competitors and funders InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  9. 9. What they do: •Technology and innovation centres •Businesses, scientists and engineers can work together on R&D •Reduce innovation risk •Assist taking new products and services to market quicker InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014 The existing 7: -Cell Therapy Catapult-High Value Manufacturing Catapults -Offshore Renewable Energy Catapult -Satellite Applications Catapult Connected Digital Economy Catapult-Transport Systems Catapult -Future Cities Catapult 2 more Catapults coming soon: The Precision Medicine Catapult Energy Systems catapult
  10. 10. •Driven by business need •Annual project budget of ~£65k •Typically: -67% grant funding for SME -50% for large company •Project length typically 2 years •90% success rate for proposals -Pre-proposal checks and process supported by network of 24 Regional KTP Advisers InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014 Knowledge Transfer Partnerships (KTPs)
  11. 11. •Agri-Tech Catalyst •Biomedical Catalyst •Energy Catalyst •Industrial Biotechnology Catalyst •Rolling competitions and you can apply at any time •Different levels of funding depending organisation & project •There are 3 main phases of funding: •Early-stage feasibility studies •Industrial research such as prototyping, field trials or market testing •Late-stage testing in a real-life environment InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  12. 12. Technology Inspired Feasibility Studies •Up to £2m Competition •Single stage competition process •Projects must be business-led •Open to small or micro companies only –working either singly or in collaboration with one other small or micro company •Projects can last up to four months •Total project costs must not exceed £33k –InnovateUK contribution up to £25k •Project focus pre-industrialresearch •Collaboration Nation event Register by 14thJan 2015, closes 21stJan 2015 (noon) InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014 Scope: •Biosciences •Information & Communication Technology •Electronics, Sensors & Photonics •Advanced Materials
  13. 13. •Built on the foundation of our 2011-2015 strategy, Concept to Commercialisation. •Highlights our planned our activities for this Financial year. InvestNIand Innovate UK –Working Together Belfast 2ndDecember 2014
  14. 14. Thank youwww.innovateuk.org nick.bassett@innovateuk.gov.uk 07717 336481

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