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Identifying Funding

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Page 1: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Identifying Funding

Page 2: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Sources of Funding

European Union Sources

National Sources

SMEs collaborating with HEIs

Page 3: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

EU Sources

SMEs collaborating with HEIs

Page 4: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Seventh Framework Programme

SMEs collaborating with HEIs

• Overview of the FP7• Whats going on in Ireland• FP7 case study – wavebob

Page 5: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

What’s going on in Ireland? FP7…

4070 applicants to date 955 successful bringing in over €300 million ICT, health, nanotech and Marie Curie account for 60% of it Higher education remains the primary beneficiary (61%) with

4 universities in EC Top 250: TCD 83, UCC 100, UCD 131, NUIG 186

Funding to industry - €75 million (double FP6) and providing access to >€1bn worth of R&D; most going to SMEs (74%)

Funding to public bodies - €18 million

Page 6: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Number of Applicants in Submitted Proposals, Number in Successful Proposals and Success Rates by Country

Success Rates

Country

Applicants in eligible

proposals from country

Applicants in retained

proposals from country

Funding Granted to

applicants (€)

Applicants from country

EC financial contribution to applicants from country

UK - United Kingdom 36,145 8,721 2,886,057,023 24.13% 22.08% AT - Austria 8,080 1,733 532,273,485 21.45% 20.37% FI - Finland 6,118 1,416 504,414,380 23.14% 21.33% DK - Denmark 5,468 1,356 473,220,330 24.80% 23.76%

IE - Ireland* 4,097 953 250,559,672 23.26% 18.43% EU Average 22.21% 20.68%

*Source: European Commission eCORDA release 7

Ireland versus other Member States…

Page 7: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Key learning - responding to change…• 43 participants receive over €1M for participation in a single

proposal, totalling €72M• 2010 is Ireland’s most successful year in the ERC programme.

Ireland’s grants to date: 4 Advanced Grants and 8 Starting Grants

• Ireland trebles its SME-specific funding in 2010. An Institute of Technology Initiative stimulates 15 Irish led proposals from newcomers to the SME-specific programme calls bringing funding of €2.5million to IoTs and SMEs

• Ireland secures 5.7% (€2.4M) of the available budget in the latest Science in Society call. Proposals include marine issues in Mobilisation and Mutual Learning

• 1342 Irish experts sign on to the Commission Evaluators database

Page 8: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

FP7 Case Sudy

“STANDPOINT” WAVEENERGY PROJECT

Page 9: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

STANDPOINT Project

• European Commission FP7 funded project

• Full-size grid-connected WEC in Portugal

• Kick-off November 2009

• €8.1 budget, €5.1m EC contribution

• Focussed on demonstration of best practice

in design, deployment, operation and

maintenance

Page 10: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Wavebob: the Coordinator

• Privately owned Irish technology development company• 10 years of research, testing and sea trials• All IP owned by company and protected in 45 countries

10

Page 11: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

11

Build a little; Test a little; Learn a lot!

Calculate; Design; Simulate; Test; Verify;…Fail early; fail often; learn quickly..

Wavebob product development

Page 12: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Wavebob: the WEC

12

• Accessible• 25+ years lifetime• Survivability • High installed power

Page 13: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

STANDPOINT Objectives

13

•Efficiency in energy absorption and conversion•Adaptability to changing sea conditions•Reliability and modularity•Survivability in extreme seas•Standards and guidelines for certification

Demonstrating advancement of the state-of-the-art in:

Page 14: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Basic Principles observed & reported

Technology concept formulated

Proof of concept validated

Laboratory sub-system validation

Sea going sub-system validation

Sea going full system demonstration

Sea going full system operations

System complete

Commercial array

Page 15: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

€50,000

€500,000

€1,000,000

€5,000,000

€5,000,000

€15,000,000

€15,000,000

€50,000,000

Page 16: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

€15,000,000

€15,000,000

€50,000,000

To date Wavebob has raised circa. €13m(inc. ~€5.5m in grants)

Now need the next €15m…

Page 17: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

17

Page 18: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Local Sources of Funding - NI

• Invest NI• Knowledge Transfer Programme• Innovation Vouchers• Intertrade Ireland

SMEs collaborating with HEIs

Page 19: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Invest NI support for Innovation Collaboration

•Technical Advisory Unit (TAU) - Who & How •Technical Development Incentive (TDI)

Scheme •Innovation Vouchers •Summary/contact

SMEs collaborating with HEIs

Page 20: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

TAU - Who are they?

•Engineers (mechanical; electrical/electronic; manufacturing)

•Scientific Advisors •Management System (eg. ISO9001) advisors •Intellectual Property/ Technical Information

specialists

SMEs collaborating with HEIs

Page 21: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

TAU - What do they do?

• Guidance & support on a wide range of technical issues: •Technical information and problem solving •Advice and information on technical and legislative issues •Intellectual Property advice •Management Systems (quality, environmental, safety etc) •Technical Compliance Issues eg CE Marking

• Financial support: •Technical Development Incentive (TDI) Scheme •Innovation Vouchers

SMEs collaborating with HEIs

Page 22: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Technical Development Incentive • Financial support to SMEs to address technical and quality • related issues such as: •New technologies or processes •Product & process problem resolution •Product approval/ type testing •Intellectual Property •Improved product design & performance •Quality/Integrated management systems

•Max grant of £5,000 (at up to 50% of project costs) •Projects costing between £500 and £15,000 • Further information – Kieran McGuinness 028 9069 8818

SMEs collaborating with HEIs

Page 23: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Innovation Vouchers •£4000 voucher to encourage small registered

enterprises to engage with a Knowledge Provider to develop an innovative solution to a business issue

•Companies can apply for up to 3 vouchers for different projects but may only have 1 ‘live’ voucher at a time

•Pooled voucher option for collaborative projects (up to 10 companies)

•Around 700 vouchers issued to date

SMEs collaborating with HEIs

Page 24: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Knowledge Providers

•41 public sector Knowledge Providers throughout Northern Ireland and the Republic of Ireland

•Universities, Colleges, Institutes of Technology and other research bodies eg Loughry, Agri-Food & Biosciences Institute

•Full list of Knowledge Providers and initial point of contact for innovation vouchers at www.innovationvouchers.com

•The company chooses which Knowledge Provider to use

SMEs collaborating with HEIs

Page 25: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

How to apply

• Company completes application form – available on website

• www.innovationvouchers.com •Straightforward application process - Company

Profile - Issue to be solved - Skills required to solve the issue - Outputs for the company as a result of the project

•Current/next calls for applications: - November 2011 and February 2012

SMEs collaborating with HEIs

Page 26: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

In Summary

• Technical Advisory Unit •Technical information and problem solving •Management systems (quality, environmental, H&S) •Intellectual Property •Technical Development Incentive grant •Innovation Vouchers www.innovationvouchers.com • Contact: Ian Wilkinson tel. 028 9069 8802 • Email: [email protected] • Grant for R&D and general Invest NI info • Contact: 0800 1814422

SMEs collaborating with HEIs

Page 27: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Knowledge Transfer Partnerships (KTP)

SMEs collaborating with HEIs

Knowledge Transfer Partnerships is Europe’s leading programme helping businesses to improve their competitiveness and productivity through the better use of knowledge, technology and skills that reside within the UK knowledge base.

Page 28: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

• •What is KTP? • •How does it work? • •Aims and objectives? • •KTP at Ulster • •Case studies

SMEs collaborating with HEIs

Page 29: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

• Funded by the Technology Strategy Board with 19 other funding organisations (AHRC, BBSRC, Defra, DoH, EMDA, EPSRC, ESF, ESRC, Invest NI, NERC, The Northern Way, One North East, Science & Technology Facilities Council, SEEDA, Scottish Government, SWRDA, WAG)

• •£32M grants committed; each £1M generating • –32 jobs • –189 people trained • –£3.6M profits • •1,000 live Partnerships (65 in NI) • •Invest NI contribution 2008/09 = £1,000,000

SMEs collaborating with HEIs

Page 30: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

SMEs collaborating with HEIs

Page 31: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Features

• Project length 12-36 months • At least 1 Graduate (KTP Associate) • Associates recruited jointly and employed by the

University • Project located on company premises with joint

company and academic supervisor • Academic Supervisor spends ~ ½ day per week on the

project • Funded by Government grant and the company

partner SMEs collaborating with HEIs

Page 32: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Project Criteria

• Strategic relevance to the business • Stimulating and challenging for the academic

team • Intellectually challenging for the Associate • Sound business case • Clear knowledge transfer • Clear additionality • Benefits likely to accrue

SMEs collaborating with HEIs

Page 33: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

KTP Costs - 1 Associate for 1 Year + Graduate salary available (company decides) £27k + Associate Development circa £6k + Travel and Subsistence + Equipment and Consumables + University Expertise circa £10k Total package circa £43k

• Cost to SME per year ~£17k • Cost to Large Company ~£26k

SMEs collaborating with HEIs

Page 34: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Company Benefits

• Achieves business goals faster • Transfer of knowledge/expertise • Recruitment of the “right” people • Embedding of innovation culture • Long-term, strategic relationship with KB

partner

SMEs collaborating with HEIs

Page 35: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Associate Benefits• One of Europe’s largest graduate recruitment

schemes • Competitive salary • Employment within chosen academic discipline • Fast-track career development • Opportunity to register for higher degree during

project • 73% Associates employed by host company • Training and development with qualification in

Management to National Standard SMEs collaborating with HEIs

Page 36: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

The Associates

• Recently qualified • First degree ~76% hold 1st or 2(i) • All disciplines • Average age 28 years • Recruit on open market • Normally work at the company • Salary decided by the company • Terms and conditions of the company • Backed up by the facilities and expertise of the University

SMEs collaborating with HEIs

Page 37: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

SMEs collaborating with HEIs

Page 38: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

SMEs collaborating with HEIs

Page 39: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

The Process

• Contact the Knowledge Transfer Office – marriage broker Process • Company visit – check eligibility • Complete an outline form (2 pages and includes company

accounts) • Support to facilitate completion of the full proposal • KTO – liaises with the KTP Adviser and various sponsors • KTO – leads the recruitment process • KTO – sets up and attends all LMC meetings • KTO – ensures all reports are submitted and on time! • KTO – provides all financial management and reporting

SMEs collaborating with HEIs

Page 40: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Intertrade Ireland Fusion

FUSION, support packages worth up to £29,500/€33,150 are available for you to undertake a 12 month innovation project.

Partnered with a third-level institution with the specialist expertise you need and a high calibre science, engineering or technology graduate.

A graduate is employed by you and is based in your company throughout the project with mentoring from the academic partner and InterTradeIreland FUSION consultant.

SMEs collaborating with HEIs

Page 41: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Fusion Video

• http://www.youtube.com/watch?v=ITG2-Lg1szI&feature=player_embedded

SMEs collaborating with HEIs

Page 42: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Fusion Benefits

• On average, each company taking part on the FUSION programme benefits from over £1 million worth of sales or efficiency savings in the three years following the project.The programme can help your business to:

• Develop or improve products, processes or services• Streamline business processes to increase efficiency and

performance• Develop and implement new technologies, systems or processes• Improve capabilities in innovation, design and technology• Reduce costs• Increase sales

SMEs collaborating with HEIs

Page 43: Identifying Funding. Sources of Funding European Union Sources National Sources SMEs collaborating with HEIs

Questions & Answers?

SMEs collaborating with HEIs