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InnovateUK, Derry 2014

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what innovateuk does

Published in: Government & Nonprofit
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InnovateUK, Derry 2014

  1. 1. Innovate UK Lech Rzedzicki Lead Technologist, Data
  2. 2. About Innovate UK  The UK’s Innovation Agency: a national body set up in 2007 to invest in business innovation  Works across business, universities and government  Most staff come from business backgrounds  Has a budget of over £400m/year • £390m for 2012/13 • £440m for 2013/14
  3. 3. What we do  Help strengthen the global competitive position of leading businesses  Identify and grow sectors and businesses with the capacity to become the best in the world  Nurture the businesses that can succeed in the growth sectors of tomorrow
  4. 4. Facts and Figures  Invested in ~3000 projects  Working with >4900 companies and 110 universities  >£120m of small business contracts awarded through SBRI  >50,000 businesses on _connect  >9,000 people participated at TSB events • Every £1 invested returns:  At least £3 for feasibility studies  £9 for Smart awards  Up to £35 for some areas of collaborative CR&D
  5. 5. Where we invest
  6. 6. Scale of Tools
  7. 7. Government Procurement Exploratory Studies SME funding in Digital National Business Network Expert R&D Centres
  8. 8. Thank you! http://www.innovateuk.org

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