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CHIEF EXECUTIVE INNOVATE UK DR RUTH MCKERNAN CBE

Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

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Page 1: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

CHIEF EXECUTIVE

INNOVATE UK

DR RUTH MCKERNAN CBE

Page 2: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

WORKING TOGETHER TO

SUPPORT UK INNOVATIVE

BUSINESSES

Connected Cities Mission India November 2016

Page 3: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

NUMBERS AT A GLANCE

£7.30 £1 NET BENEFITS TO THE UK ECONOMY

FROM EVERY

CORE PUBLIC

FUNDING RECEIVED

ORGANISATIONS SUPPORTED

7,600

CROSS-SECTOR SMEs

200 SMEs ACTIVE IN >1 SECTOR

DURING Q1 2016-17

NUMBER OF LIVE PROJECTS

2,300

SMEs FUNDED IN Q1 2016-17

1,200 1,700 TOTAL ORGANISATIONS - Q1 2016-17

71%

JOBS CREATED

55,000

Q1 2016-17

SINCE 2007

Page 4: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

NEW INNOVATION

FINANCE

Page 5: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

INNOVATION THROUGH

CONNECTIONS Cleantech / Sustainable Tech

Systems

Manufacturing and Materials

Digital

Therapeutics

Medtech and Diagnostics

Investment Showcase Programme 2017

§  Linking large organisations with needs for innovation who are looking for solutions, with

§  Other organisations with technologies that could deliver the required solution

Lead Customer Programme

Jan

Mar

May

Jul

Sep

Oct

Page 6: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

SECTORS APPROACH TO SUPPORTING BUSINESSES

Emerging and

Enabling

Health and Life

Sciences

Infrastructure Systems

Manufacturing and

Materials

Open Programme

£86M 2016-17 budget

£117M 2016-17 budget

£150M 2016-17 budget

£137M 2016-17 budget

Mar 2017 Next sector competition

Feb 2017 Next sector competition

Jan 2017 Next sector competition

Nov 2016 Next sector competition

£71M 2016-17 budget

Dec 2016 Next sector competition

Our competitions schedule includes programmes run with partners – more details on our webpage

Page 7: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

Manufacturing of the Future

Cities of the Future

Health in the Future

Technologies of the Future

SHAPING INDUSTRIES OF THE FUTURE

Da

y 1 D

ay 2

Page 8: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK

SUPPORTING BUSINESSES ACROSS THE UK

New regional presence across the UK §  Strengthening

relationships

§  Identifying regional hubs

§  Engaging affiliate funders to enhance support for businesses

N. Ireland

Scotland

East Midlands

East of England

South East

North West

West Midlands

Wales

South West

North East, Yorkshire &

Humber

Page 9: Shaping the Future - Ruth McKernan opening Innovate 2016 - innovation in the UK