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Josie Gough Innovate UK Sustainability and Funding Opportunities low carbon innovation in the built environment 14th june 2018
Josie Gough is the Regional Manager for South West England at Innovate UK. The document discusses Innovate UK's role in funding business-led innovation and connecting businesses to opportunities. It provides information on various Innovate UK funding programs such as the Industrial Strategy Challenge Fund, innovation loans, and Knowledge Transfer Partnerships. The document also summarizes upcoming funding competitions focused on developing smart local energy systems and growing cities sustainably.
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Josie Gough Innovate UK Sustainability and Funding Opportunities low carbon innovation in the built environment 14th june 2018
- 1. Josie Gough Regional Manager–South West Innovate UK – Sustainability and Funding Opportunities
- 2. Activity Discovery &Research Innovation Commercialisation TRL Description Basic principles observed and reported Concept or application formulated Experimental proof of concept Concept or process validated in laboratory System or component validated in relevant environment System model or demonstrator in relevant environment System prototyping demonstrator in operational environment Actual System completed and qualified test & demo operational environment Actual system mission proven in successful mission operationsSource: NASA Technology Readiness Level model Academia Business Funding & Support for Business Led Innovation
- 3. Challenge Industrial Strategy Challenge Fund Responsive Sector& Open Programme Business Growth Pilots: Innovation Loans & Investment Accelerator Knowledge Transfer Partnerships How do we Fund? Managed Programmes: Procurement, Government, Late-stage (e.g ATI)
- 4. Datavis The mission ofInnovate UK is to accelerate UK economic growth through funding and connecting business-led innovation
- 5. Industrial Strategy ChallengeFund Medicines manufacturing technologies Batteries for clean and flexible energy storage Robots for a safer world Self-driving vehicles Manufacturing and materials of the future Satellites and space technology
- 6. The next waveof the Challenge Fund Data to early diagnosis & precision medicine Healthy ageing Next generation services Audience of the future Quantum technology Transforming construction Transforming food production Energy revolution
- 7. 7 £1.5 million grantfunding available for a portfolio of 10-20 Smart Local Energy System Concepts and Designs Smart Local Energy Systems Concepts and Designs Reduce costs •Investment and operating costs •Lower consumer bills by 25% •Infrastructure productivity •System efficiency Improve environment •Carbon Budget 5 •Air Quality •Built and natural World-leading consumer experience Resilience •Energy security •Short and long timescales •Cybersecurity •Environmental changes •Social changes Test and scale up •technologies •business models •Regulations, codes and standards Smart energy industry growth •Local & National •Private investment •International leadership Key outcomes desired by early 2020s These will give an opportunity to develop and assess radical concepts and designs for smart local energy systems holistically, in terms of their local and national economic, environmental and societal benefits. The best of these will be invited to participate in a subsequent funding competition for detailed development.
- 8. 8 Understanding of currentand future energy supply, demand and storage options in a specific part of the UK Analysis of how energy supply and demand for heat, power and mobility could be optimised locally within a national system. Plans for integrating and testing existing assets and infrastructure with new technologies, information, communication, decision-making, control systems and user-centric approaches. Estimate economic, environmental and societal costs, benefits, risks • Energy system costs, efficiency, flexibility, resilience, productivity, emissions • Consumer energy bills, competitiveness, fuel poverty • Local and national jobs, economic impact. Detailed business and financing plan • how costs, risks and benefits will be shared • changes to codes, standards or regulations • evidence of stakeholder support Evidence for scaling and repeating the approach across the UK, driving private finance investment and UK smart industry growth. Minimum outputs required from concept and design projects by July 2019
- 9. 9 £40 m collaborativeR&D grant funding for Smart Local Energy System Demonstrators that will deliver ambitious outcomes by 2022 £40m for 1-3 Smart Local Energy Systems Demonstrators (e.g. medium-sized town) Cheaper, cleaner, more desirable energy services for users Prosperous and resilient communities Intelligent Scalable Replicable Investable Heat, power and mobility Evidence to prove new business models, system impacts Supply chains, growth, skills, and processes Follow on private investment to repeat across the country
- 10. 10 A scalable, replicable,practical, well-structure, and well- managed world-leading innovative project that can be delivered in a specified large UK location (e.g. a medium-sized town) and evaluated by 2022 Optimise across diverse energy supply, infrastructure and users, intelligently linking power, mobility, and heat to reduce costs and emissions, improve resilience and user experience, and new services Build high value local jobs and enduring national supply chains (including designing, financing, managing, installing, operating) Deliver evidence and economic, environmental and societal benefits to a range of stakeholders for the local area and the UK as a whole by 2022 Trial and scale up the use of innovative technologies, infrastructures, business, financing, or regulatory models, codes, or standards, alongside each other. Provide evidence for scaling and repeating the approach across the UK to a range of stakeholders, driving private finance investment and sustainable industry growth. Leverage existing resources (financial, assets, data, consumers, consents, etc.), align with local and national strategies, and adopt best practices to reduce delivery risks Create, protect, manage, an capture and exploit value from data and intellectual property. We are looking to fund 1-3 demonstrators to deliver the following outputs by 2022
- 11. 11 For example including… •energy network companies • energy suppliers, big and small • technology developers, including smart appliance manufacturers, • smart system developers • digital systems developers, including data analytics and AI • design and consumer interface specialists • engineering service and integration businesses • exceptional leaders and communicators who can inform and inspire consumers and private investors We welcome innovative and ambitious partnerships
- 12. 12 How to getinvolved • Look out for further announcements on the Prospering from the Energy Revolution Challenge from UK Research and Innovation https://tinyurl.com/energysystemdemos https://tinyurl.com/energysystemdesigns
- 13.
- 14. ISCF – Wave3 developing challenge proposal “Growing Cities Sustainably” • This proposal is at industry consultation phase and being socialised for comment during June 2018. The issue: Cities are complex systems largely run as a collection of functional silos. Outcomes: To seek the development of functional, sustainable and cohesive communities, agile enough to embrace the opportunities of new technologies but which don’t increase the pressure on local environment, infrastructure and services. Activities • Dynamic and accessible visualisations of scenarios and options • Integrate city data at scale programmes • Engagement with enabling technology capability including AI • Enhance the capabilities of city authorities by adding innovation capacity and supporting leadership development
- 15. ISCF – Wave3 developing challenge proposal “Growing Cities Sustainably” Outputs 1) Establish a Core Information Management Hub- For Data Analytics and Management/ visualisation - Standard adoption and development 2) 3-5 City Demonstrators- Demonstrate how new products and services get developed inspired by the data insight - demonstrate the effectiveness of new methods of procurement and solving Cities’ biggest challenges - New approaches to community master planning 3) Guidance and mechanisms to promote and support effective city leadership around data management and use 4) Collaborative R&D Programme which encourages innovations in planning utilising data analytics and AI capabilities.
- 16.
- 17. Innovation loans For latestage R&D Between £100k and £1m 2 year pilot period Interest fixed Micro, small or medium sized businesses Low cost, patient, flexible
- 18. The Refreshed OpenCompetition Your proposal must: • Demonstrate a clearly cutting-edge, game- changing or disruptive innovative concept or idea designed for commercialisation (ideally as soon as possible following completion) • Aim to lead to new products, processes or services (or novel use of existing ones) that are deemed to be significantly ahead of anything similar in the field • Be in line with the overview, terms and conditions outlined in the competition brief available on the .gov.uk website • Project duration between 6-18 months and total project costs between £25K-£500K; these can be either a single or collaborative application • Project duration between 19-36 months and total project costs between £25K-£2M; these must be collaborative
- 19.
- 20. How do weConnect? Thematic Focus Knowledge Transfer Advisors Local Presence Global Connections
- 21. EEN – partof Innovate UK’s Connect Strategy Finding Partners for international and domestic collaboration in R&D and Tech Transfer Supporting applicants to, and beneficiaries of, Innovate UK and EU funding schemes Working with business for the commercialisation of their technologies
- 22. innovate2succeed – intensiveinnovation coaching for business Up to 7 days intensive coaching support – expert modules include: • Business and Innovation strategy • Bid writing • Commercialisation strategies • Intellectual Property management • Lean process development • Access to Finance and Funding
- 23. We can’t stop thinkingabout the future Empowering innovative UK businesses today to lead the global growth industries of tomorrow.
Editor's Notes
- #2 Sustainable development is at the heart of Innovate UK’s strategy and purpose. At Innovate UK we think about the future and what a future economy will look like. A sustainable economy is one that delivers growth while operating within safe environmental limits and providing social value.
- #4 Talk here about the Responsive programme as it’s not covered anywhere else
- #6 6 challenges have already been announced, shown on this slide, and £1 billion so far being committed over the next 4 years to support these areas. These were chosen after a large engagement programme with academics and researchers, finding out which areas needed support, and which in particular had the opportunity to drive productivity and growth for our economy. Each of these challenge areas is an excellent opportunity for business to build the UK’s industries of the future. This is a huge opportunity for UK business to step up and lead the way globally.
- #7 In November 2016 the Industrial Strategy White Paper announced £725m for a second wave of challenges: Prospering from the energy revolution Transforming construction Transforming food production Data and early diagnosis in precision medicine Healthy ageing Audience of the future And two Pioneer Challenges to build industry engagement: Next generation services Quantum technologies
- #8 Project rules Projects can last a maximum of 6 months. All projects must start by January 2019, and end by July 2019 You could get funding for your eligible project costs of up to 70% if you are a micro or small business, up to 60% if you are a medium-sized business, or up to 50% if you are a large business. Research organisations undertaking non-economic activity will be funded as 80% of full economic costs (for universities as set out by Je-S), or 100% of eligible costs for other research organisations Total project costs can be between £100,000 and £200,000. The RTOs and public sector organisations collaborating as part of a consortium may share up to 30% of the total grant between them (including as sub-contractors).
- #10 Project rules Total project costs can be between £26 million and £160 million. We are looking for project partners to match between 1:1 and 3:1 the grant requested from us. Projects requesting more than £13 million in grant funding must contact us by 18th June Projects should last 24-36 months, and include annual funding stage gates All projects must start by January 2019, and end by March 2022, including evaluation Projects should plan to collect 9-12 months operating data on including a range of conditions e.g. summer and winter.
- #17 We need to continue to innovate ourselves as an innovation agency in order to best support UK businesses. We are investigating the use of new innovation finance such as loans where this is helpful to companies looking to scale Innovate UK’s work in this area is even riskier than many financial institutions supporting businesses – we provide support earlier in innovation stage than others. This may not be early in the life of a business, but it is early in terms of the stage of innovation they and their technologies and processes are at. It is our intention to announce an innovation loan pilot programme later this year – to support businesses in growing and scaling, rather than specifically supporting businesses’ ideas projects But we are clear that sometimes only a grant will do – our grants are not going anywhere.
- #18 Innovation loans are for businesses that want to scale up and grow through innovation, developing new or improved products, processes or services. Experimental development = commercially usable pilots / prototypes, experimental production & testing 100% of eligible costs Fixed currently 3.7%
- #19 We are evolving and simplifying our foundation/sector funding to better suit business needs by being more open. This will create more opportunities to apply, moving to more flexibility on scope, greater flexibility on the grant requested, making larger grants available for single company applicants, and making our funding available to companies when it best suits their business cycles. The new-style Open R&D competitions will start after the current Open competition closes on 9 May. We will run two rounds of the new competitions and then review and refine eligibility if necessary. The intention is to continue to run Open R&D competitions as a rolling programme.