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Creative Industries Innovation Fund David McConnell Creative Industries Development Officer
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Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Jan 25, 2016

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Creative Industries Innovation Fund David McConnell Creative Industries Development Officer. CIIF 2. DCAL have invested £4m over 2011-15 to continue to grow and develop the creative industries. This currently includes a refocused Creative Industries Innovation Fund - PowerPoint PPT Presentation
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  • Creative Industries Innovation Fund

    David McConnellCreative Industries Development Officer

  • CIIF 2DCAL have invested 4m over 2011-15 to continue to grow and develop the creative industries.

    This currently includes a refocused Creative Industries Innovation Fund(CIIF 2) which will provide support for innovative development of commercially viable content, products, services and experiences capable of competing in global markets.

    Programme for Government target 200 projects to be supported by 2015. CIIF has currently supported 150 projects

    Thrive videohttp://www.youtube.com/watch?v=KBTJiHr2WaY

  • CIIF 2 to dateAugust/September 2011 Digital Content Only41 projects awarded fundingProjects completed by 31st March 2012

    February 2012 Open to all creative sector51 projects awarded fundingProjects completed by 31st March 2013

    September 2012 Architecture only5 projects awarded fundingProjects completed by 31st March 2013

    February 2013 Open to all creative sector 53 projects awarded fundingProjects completed by 31st March 2014

    CIIF Case studieshttp://www.youtube.com/playlist?list=PLC8C85E6761F10A18

  • CIIF 2 5th & Final Round of FundingOpening 6th January 2014Closing 4pm, 13th February 2014In this round of funding, priority will be given to applicants who have not previously received any CIIF fundingDecisions May 2013/Funding available June 2014?

    Pre-Application WorkshopsOpen and one to one sessionsBelfast & Derry throughout January & early FebruaryRegional workshops can be arranged

  • CIIF 2FUNDING ALLOCATION A minimum of 80% of all available funding for awards in CIIF 2 will be allocated to creative businesses, and a maximum of 20% to sectoral development bodiesAwards to businesses will not exceed 10,000Awards to sectoral development bodies are capped at 20,000CIIF 2 is now open to all creative industries sub-sectors, but digital content themed projects from any area of the creative industries are encouraged. The programme will aim to support up to 40% of all available funding for awards supporting digital content themed projects

  • WHO CAN APPLY?ALL creative businesses in Northern Ireland, including Sectoral Development Bodies, working within the Creative Industries are eligible to apply in this round of CIIF 2.All sole traders/partnerships MUST be registered with Revenue and Customs and provide a copy of their UTR along with evidence of a business bank account. Limited companies and Partnerships must also be fully constituted.Start up businesses can apply but MUST be fully constituted and registered prior to applying for any CIIF award.

  • CRITERIA FOR DECISION MAKING

    Key difference from previous rounds isthat the criteria in application forms hasbeen reduced Stated priorities of the programmeDegree of innovationReturn on investment

    4th Criteria is ONLY for previous CIIF recipients

  • CRITERIA FOR DECISION MAKING1. The extent to which the proposal meets CIIF 2 priorities.Cross sector collaborationExport focus activityInnovation & entrepreneurial potential of NIs culture, arts & leisure base

    You MUST address all 3 priorities

    (no fewer than 200 and no more than 500 words)

  • CRITERIA FOR DECISION MAKING2. Degree of innovation and contribution to innovation, R&D and creativity in the economy.

    6 QUESTIONSYou will need to RANK the ones that are the most relevant to your project

    (max 100 words per question)

  • CRITERIA FOR DECISION MAKING3. Return on Investment, Sustainability and potentialfor longer term business success.

    MUST demonstrate a defined return on investment (increase in turnover/job creation/profitability etc)

    Linked with the TWO turnover forecasts for 2014/15 & 2015/16 requested as separate enclosures

    (no fewer than 200 and no more than 500 words)

  • What can I apply for?Existing staff costs (up to 50% of the award)New staff posts Freelance/short term contractsContent/product development costsReasonable travel costsReasonable advertising/marketing costsReasonable market research costs

    Aim to proportion you budget

  • What I cant apply for?Capital (equipment/machinery/hardware/software)Websites/E-commerce sites/development or modification of websites etcBusiness overheads (rent/electricity/mobiles)Business start up costsLegal costs

  • NEW ONLINE PROCESSThe Arts Council has changed its on-line processes, to enable you to complete the short form and attach all required documents on-line. If you choose to submit on-line you must submit ALL documents and the application form at the same time, there will be no opportunity to submit documents after the deadline.If you choose to submit in hard copy ALL documentation must be supplied in hard copy. The Council will not accept applications partly on-line and partly in hard copy.

  • Section 6 Enclosures!PLEASE READ AND RE READAbsolutely critical to the success of your Application

    Sole Traders/Partnerships MUST be registered with HMRC (remember, this can take up to 6 weeks)SIGN/DATE relevant memorandum/policiesEqual Opps is mandatoryChild Protection (if applicable)All policies are in addition to the ACNI statements within application forms

  • Section 6 Enclosures!Detailed budget (breakdown of request/show rationale)Detailed project description (include project timeline/Gantt chart June 2014 March 2015)Define proposal/ whats going to be achieved by 31st March 2015 (new product/service etc)Income/expenditure forecasts for 2014/15 & 2015/16 critical to show sustainability & return on investment (10,000 seed funding through CIIF will generate xx of revenue etc)

  • Section 6 Enclosures!Financial recordsStart up businesses (not yet registered set of accounts) evidence of business bank account and relevant bank statements Limited companyLast audited accounts (Signed/dated as adopted)If earlier than 31st March 2013, then you MUST provide most recent management accountsSole Trader/PartnershipsMUST submit previous financial record no earlier than 31st March 2013 and evidence of business bank account with 3 months statements

  • Section 6 Enclosures!Dont make assumptions! ...AND READ AND RE READ SECTION 6 CHECKLIST BEFORE SUBMITTING!

  • What should I do next?For further information contact:Creative Industries Innovation Fund team on 028 9038 5271/270/204 or e-mail: bcoomber@artscouncil-ni.org or dmcconnell@artscouncil-ni.org orSectoral support organisations:Northern Ireland Screen on 028 9023 2444 or www.northernirelandscreen.co.ukDigital Circle www.digitalcircle.orgAlso have a look at our website http://www.artscouncil-ni.org/funding

  • Final AdviceREAD & RE READ guidance notes & application forms!Exceptionally Competitive FundExpectation of 120+ applicationsONLY fund approximately 50 projects per funding round (target of 200 project by 2015)Only one application per funding round

  • Final AdviceBe clear & concise in application formPaper based exercise/ one opportunity to sell your project & businessDefine the innovation! (competitive fund what is going to differentiate your application from others)From June 2014 onwards, what is your business going to do differentlyFrom April 2015 will the business be in a better place etc

  • Final AdviceAddress the 3 criteria(4 criteria for previous CIIF recipients)Commercially focused must show viability and sustainability (what is the award going to return for your business?)Can your new & innovative new project deliver up to XX of new revenue??Will you be a more sustainable business because of CIIF?Main focus is on the applicant businessGrow business turnover/create jobs etc

  • Final adviceProvide rationale for your budget (do you really need 9,999.99?) previous round we provided awards from 2,500 upwards)More realistic requests means more businesses potentially being funded?Show research undertaken that there is need for your project and budget is based on quotes/people you have spoken toRemember its public funds so procurement will be requiredComplete Enclosures!!!

  • Thank youQuestions

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