Mark Glover

12th January 2011

Driving Innovation

The Technology Strategy Board An Overview of the TSB

September 2013 Mark Glover Director Strategy & Planning

“The Technology Strategy Board is the UK’s national innovation agency.

Our goal is to accelerate economic growth by stimulating and supporting business-led innovation.”

Who we are

• The UK’s innovation agency – sponsored by the Department for Business Innovation and Skills

• Working across business, universities and government

• We are primarily recruited from business and have a business led Governing Board

• We are responsible for investing over £440m per year in innovation

• At any time we are directly supporting over 4000 businesses across the UK

The Challenge we address

• Business investment is too low and too late • Constrained by Technical and financial risks & access to Capital

• Innovation disrupts value chains and business models • New partnerships are required to build new supply chains

• Investment and innovation is required at multiple points

• Longer term trends not visible to all players • Impact and opportunities from emerging technologies & policies

• Innovation ecosystem is complex and inefficient • Fragmented and difficult to navigate, knowledge flows impeded

• Government does not make best use of its levers

• Procurement, regulation, standardisation, fiscal incentives

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Our Strategy focuses on five key areas

1. Accelerating the journey between concept

and commercialisation

2. Connecting the innovation landscape

3. Turning government action into business

opportunity

4. Investing in priority areas based on potential

5. Continuously improving our capability

Where we focus (planned expenditure in year 2014-15, by priority area)

What are our Criteria?

• Market – What is the current and projected size, how fast is it growing, who

are the competition?

• Capability – Does the UK have a strong research base in the area, the skills, the

business capacity?

• Timing – Is the cost curve balanced by the value curve?

• Additionality – Why should the taxpayer support this project?

The Toolset Range of Tools with different objectives / characteristics

Collaborative R&D

Smart

Launchpad

Entrepreneur Missions

Innovation Knowledge Centres (IKCs)

Innovation Vouchers

The Innovation Voucher can enable your business to access knowledge for all types of innovation – for example:

• ideas for new or improved products, processes and services

• using design to improve your ideas

• managing your intellectual property

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• Single-company grants for proof of market projects, proof of concept or development of prototypes – up to £250k

• Open to UK based businesses (SMEs) and start-ups from all sectors and technologies

• 90% Smart grant winners are small or micro companies and over 60% are less than 5 years old

• Always open for applications

• Fast process - 30 day decision turnaround

• A competitive process - only the best, most innovative and commercially promising ideas will get funding

Smart

Knowledge Transfer Partnerships

• Improves business competitiveness and unlocks innovation capability

• Draws on the expertise in universities and colleges

• In a KTP a recently qualified individual is placed into a company to work on a challenging innovation project.

Eurostars

• Supports collaboration between research and innovation-performing SMEs at a European level

• Projects must involve at least two participants from two different Eurostars member countries

• Can address any technology area, but must aim to develop a new product, process or service with a civilian purpose

• Academics and large companies welcome to participate in projects but must fund themselves

• Funded at 50%; maximum grant up to £300k per UK participant in any single project.

• Two calls for proposals each year.

Biomedical Catalyst Fund TSB and MRC

• Open to both business led and academic led projects

• Feasibility Award – enables the exploration and evaluation of the commercial potential of

an early-stage scientific idea

• Early Stage Award – to evaluate the technical feasibility of an idea and establish proof of

concept in a model system

• Late Stage Award – takes a well-developed concept and demonstrates its effectiveness in

a relevant environment

• Competitions run within specific technology themes • Typically run 40+ competitions each year

• Support collaborations between businesses and between businesses and academia

• Most competitions open to businesses of all sizes • Feasibility Studies – aimed specifically at Start-ups and

Micros • £25k - £1m grant • Programmes run from few weeks up to 2/3 years • Intervention rate varies – typically 50% - 60%

Collaborative R&D

SBRI – procuring innovation

• A competition process which uses public sector challenges to stimulate innovation.

• Helps the public sector to access novel ideas and work with innovative companies

• Provides an easy way for SMEs to engage with the public sector

• Gives companies a lead customer and a route to market

• Used by many Government departments and other bodies

Demonstrator Projects

• Low Carbon Vehicle Demonstrator – 340 cars on the road drive by “real” people

• Retrofit for the Future – 118 social homes converted to designs which promised 80% cuts in carbon dioxide emissions

• ICtomorrow – a “walled garden” in cyberspace to explore new applications and business models

• DALLAS – 30,000 to 50,000 older adults testing most innovative products and systems

• Future Cities Demonstrator – £24m for a single city after 30 design studies

Aerospace, Aviation & Defence HealthTech and Medicines

Biosciences Industrial Mathematics

Chemistry Innovation Information & Communication Technologies

Creative Industries Materials

Electronics, Sensors, Photonics Modern Built Environment

Energy Generation and Supply Nanotechnology

Environmental Sustainability Transport

Financial Services

Knowledge Transfer Networks

• 60,000 KTN members – and rising

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Entrepreneur Missions

• Week-long missions to key overseas locations

• Enable fast-growing technology companies to connect with potential partners, investors, customers, media and other stakeholders overseas.

• For start-ups, micro companies and SMEs

• Up to 20 participants per mission, selected by competition

• Companies pay travel costs: the Technology Strategy Board (& other sponsors) covers the organisation

Innovation and Knowledge Centres

• To accelerate commercialisation of world-class science and emerging technologies

• Co-funded with the Research Councils – Core capabilities in science and technology

– Facilities and equipment

• Existing Centres :- – Cambridge Advanced MfrTech for Photonics & Electronics

– Cranfield Ultraprecision & Structured surfaces

– Queens Belfast Secure information technologies

– Leeds Medical Technologies

– Swansea Sustainable innovative func. industrial coatings

– Cambridge Smart Infrastructure & Construction

– Imperial Synthetic Biology

IKCs

Catapult Locations

Catapults

Helping business to

identify, adopt and exploit

innovative technologies Core Projects Key challenges and barriers

A unique technical capability

Industry & research advisory groups

Demonstration projects

Disseminate to industry

CR&D

Innovation in collaborations

Bring together customers, SME’s & blue-chip companies

Technical & management resource

Partners in Projects (TSB & EU)

Expertise at unlocking funding

Industry R&D

Access to unique facilities & expertise

Develop & demonstrate at scale

Reduce risk of implementation

Direct contracts for projects

Easy access for SMEs

Breakdown of estimated 2013-14 expenditure (£440m)

How to engage

Take a look at our website – innovateuk.org

Sign up to receive automatic e-mail alerts, e-newsletter, news of competitions etc

Look at the competitions pages to see what may be of interest to your business

Visit _connect to see what it offers

Join up with one or more of our KTNs – it’s free !

Take a look at the Catapult centres and the support they offer to business

Keep an eye on what we are doing and the opportunities on offer

Mark Glover Director – Strategy & Planning mark.glover@tsb.gov.uk www.innovateuk.org connect.innovateuk.org