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Innovate UK: Delivering successful grant funded projects Mareike Schmidt Innovation Lead, Prospering from the Energy Revolution 03 December 2020

Innovate UK · 2020. 12. 3. · Innovate UK Covid-19 Response •£750m package announced in April 2020 •Fast Start –916 businesses support, £43.4m •Sustainable Innovation

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  • Innovate UK: Delivering successful grant funded projects

    Mareike Schmidt – Innovation Lead, Prospering from

    the Energy Revolution03 December 2020

  • We are the UK’s innovation agency

    We connect and fund businesses and research collaborations in all economic sectors, value chains and UK regions to accelerate innovation.

    Alongside national grant funding competitions we fund:

    Enterprise Europe Network

    Knowledge Transfer Network

    Catapult Network

  • Ageing

    society

    Future of mobility

    Industrial Strategy Challenge Funding:

    Investing in challenge-led programmes

    AI and Data

    Economy

    Audience of the future

    Quantum Technologies

    Next generation services

    Commercialising Quantum technologies

    Digital security by design

    Medicines manufacturing

    Data to early diagnosisand precision medicine

    Healthy ageing

    Accelerating detection of disease

    Faraday battery

    Robotics in Extreme Environments

    Future flight

    Driving the electric revolution

    Clean growth

    Prospering from the Energy revolution

    Low cost nuclear

    Transforming construction

    Transforming food production

    Manufacturing made smarter

    Smart sustainable plastic packaging

    Industrial decarbonisation

    Transforming foundation industries

  • Competitions

  • The Smart grant

    - Enables businesses to apply for grant funding regardless of technical or industrial area of focus

    - Funding for the best proposals in a competitive application process

    - 4 open competitions per year

    - Proposals accepted between £25k - £2m

    or open competition

  • SBRI: the small businessresearch initiative

    Helping government:

    SBRI helps government organisations solve toughchallenges by connecting them with innovative businesses.

    Helping businesses:

    SBRI offers innovators the chance to win a government contract to help demonstrate and develop their new technologies.

  • Innovation Loans

    A pilot programme of competitions to the end of 2020

    aiming to ensure that businesses can access funding

    for commercialisation

    Continuity Loans

    Scale up and

    commercialization

    activities

    Late-stage

    R&D projects

    Delivered by

    Innovate UK

    Loans Ltd.

  • Innovate UK Covid-19 Response

    • £750m package announced in April 2020

    • Fast Start – 916 businesses support, £43.4m

    • Sustainable Innovation Fund – 555 applications approved, c£90m

    • £90m Continuity Grants – 621 applications delivered, £57.7m

    • £210m Innovation Continuity Loans up to £1.6m – 14 applications, 6 completed, £5.7m

    • Innovation and Growth Advisory Service (Enterprise Europe Network), £39m

  • www.innovateuk.gov.uk

  • How to successfully deliver a grant-funded project?

  • Practical tips for delivering grant-funded projects

    • Business case development

    • Good project management

    • Regulatory and Policy Environment

    • Investor partnerships

    • Procurement process

    • Commercial models and roll-out

    • Marketing and sales strategy

    • Operational capability

    • Complexity of energy systems

  • Energy Systems Catapult – Local Authority Toolkit

  • 1Define your drivers,

    motivations, benefits and

    outcomes

    3Explore and evidence local assets, user segments and systems

    2Explore and evidence

    technology options

    4Explore and evidence system/integration options

    5Provide project evidence

    and examples for a business case

    6Identify the appropriate financial instruments

    7Identify and contract the

    right partners

    8Engage decision

    makers with

    attractive

    propositions

    9Upskill your team and stakeholders

    Toolkit Phases 1, 2 and 3

  • Technology Options Appraisal

    Funding and Investment

    Partnering

    Engaging with Decision Makers

    Upskilling

    Understand and investigate the

    art-of-the-possible for commercially viable local energy projects

    Access information on the available funding, investment and delivery opportunities

    Map the key roles involved in your projects and access relevant examples of processes and

    documents for collaboration

    Identify the key decision makers involved at each project step and strategically address their

    stakeholder needs

    Provide your team with rapid training on key project aspects, including energy, commercial,

    policy, and regulation

    Choose the right projects to deliver your ambitions using real project case study evidence to support your business case

    Quickly and Easily identify the right instruments and approaches to realising your project

    Streamline the process of finding the right partners at the right times

    Know who to talk to at each stage of your project and how to secure their support

    Make sure everyone understands the benefits, risks and details of your project

    Feature Benefit

    1-5

    6

    7

    8

    9

    Phase

    Toolkit Phases 1, 2 and 3

  • @InnovateUK Innovate UKInnovate UK

    [email protected] +44 (0)7874851934