Raising Finance - NVI Wales Mentor Event. Simon Cooper, WG

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Information about Raising Finance - NVI Wales Mentor Event. Simon Cooper, WG
Business

Published on April 4, 2014

Author: SarahToomey1

Source: slideshare.net

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Simon Cooper from Welsh Government covering the main sources of funding available currently from the Welsh Government, the TSB etc.

Corporate slide master With guidelines for corporate presentations Welsh Government R&D Support Accessing TSB Funding Simon Cooper Senior R&D Advisor, Welsh Government Uwch Gynghorydd Prosiect Y&D, Llywodraeth Cymru Simon.Cooper@wales.gsi.gov.uk

Introduction • Background. • TSB Themes. • Calls and Collaborators • Collaborative R&D Innovation Support Programme. • Business Innovation Programme • Innovation Specialists. • Innovation Vouchers. • SMART Cymru.

Welsh Government strategy - Innovation Wales • “…more collaboration between businesses, academia and others who access UK and EU funding streams...” • “…compete more successfully for competitive UK and European academic research funding …” • “…We will work with Welsh businesses and universities to help them collaborate and engage with the newly established network of Catapult Centres… We will also help them take advantage of the other opportunities ...”

5 Where do the TSB invest? Projected Programme Budget 2014/15

UK Funding Competitions Open 14/03/14 Prog Topic FS Advancing the development and application of non-animal technologies FS Seeing more than before - emerging imaging technologies FS Manufacturing electronic systems of the future CR&D UK-China partnerships in sustainable manufacturing CR&D Localised energy systems - a cross-sector approach CR&D Manufacturing electronic systems of the future CR&D Make it lighter, with less SBRI A digital tool for building information modelling competition SBRI Novel electro-optic infrared technology SBRI Medicines optimisation Other BioMedical Catalyst Other Agri-Tech Catalyst Other Industrial BioTechnology Catalyst

UK Funding Competitions Open 14/03/14 Prog. Topic Innovation Vouchers - Round 7 Smart - Round 6

UK Funding Competitions Forthcoming. Prog. Topic FS Developing the civil nuclear supply chain - Feasibility study FS Realising the graphene revolution CR&D Developing the civil nuclear supply chain CR&D Digitising the construction sector CR&D Making remote working secure, resilient and reliable CR&D Advancing regenerative medicines and cell therapies SBRI Innate response targets for therapy

Delivery Plan 14

Where to Find out about the calls. The TSB Website www.innovateuk.org The TSB “Social Networking Site” _Connect Knowledge Transfer Networks TSB RSS Feed. Call Alert. Briefing and Brokerage Events. www.expertisewales.com

Where to Find Prospective Collaborators. The TSB Website www.innovateuk.org The Knowledge Transfer Network. The TSB “Social Networking Platform” _Connect Previous Grant Recipients. connect.innovateuk.org/publicdata/ Brokerage Events. Call Briefing Events.

Outline Welsh Government support: • Collaborative Research & Innovation Support Programme • Business Innovation Programme

Collaborative Research Innovation Support Programme • Knowledge Events & Workshops • Proposal Preparation • Early Stage Project Scoping.

Collaborative Research Innovation Support Programme • 50% or £5,000 (whichever is the lesser) • Exceptionally 100%. • Projects which: • Are Collaborative R&D • Have demonstrable potential Impact • Leverage R&D Investment into Wales • Stimulate Innovation

Business Innovation Programme • £28 million European Funded Programme • 6 years • Technical & professional support at all stages of the innovation process where there is a technical hurdle to overcome • For businesses – mainly targeted at SMEs • Pan-Wales • Across all sectors

• Mentoring clients through in NPD/ NPI process • Awareness and exploitation of IP – Linking with IP specialists • Access Welsh Gov funding for the acquisition and implementation of new technologies and processes • Facilitate collaboration with other businesses, networks and academia across Wales and UK. • Work with clients to exploit wider UK and EU technology networks and funding Plus team of Manufacturing, Design & IP Advisors) Innovation Specialists

• Nominally max £25k per annum per company but can be more • 50% funding for: • external consultancy support (including IP but £5K max grant ) • collaboration with universities • NPD (external design/ fabrication costs) • specialist capital equipment purchase • Equipment must be a technology step for the company Financial Support – Innovation Vouchers

Financial Support – SMART Cymru Up to 6 months6 to 24 months3 to 12 months1 to 6 monthsPhase duration 50% £20,000 45% £200,000 70% £100,000 75% £15,000 Max. % age Max funding ExploitationExperimental Development Industrial Research Technical and Commercial Feasibility Description SMARTCymru R&D support for Small Enterprises Up to 6 months6 to 24 months3 to 12 months1 to 6 monthsPhase duration 50% £20,000 35% £200,000 60% £100,000 75% £15,000 Max. % age Max funding ExploitationExperimental Development Industrial Research Technical and Commercial Feasibility Description SMARTCymru R&D support for Medium Enterprises Support is available for all sizes of business

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