Top Banner
Creative Industries Innovation Fund David McConnell Creative Industries Development Officer
23

Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Jan 25, 2016

Download

Documents

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
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Creative Industries Innovation Fund

David McConnellCreative Industries Development Officer

Page 2: 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(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

Page 3: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CIIF 2 to dateAugust/September 2011 – Digital Content Only• 41 projects awarded funding• Projects completed by 31st March 2012

February 2012 – Open to all creative sector• 51 projects awarded funding• Projects completed by 31st March 2013

September 2012 – Architecture only• 5 projects awarded funding• Projects completed by 31st March 2013

February 2013 – Open to all creative sector • 53 projects awarded funding• Projects completed by 31st March 2014

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

Page 4: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CIIF 2 – 5th & Final Round of Funding

• Opening – 6th January 2014• Closing – 4pm, 13th February 2014• In this round of funding, priority will be given to applicants

who have not previously received any CIIF funding• Decisions – May 2013/Funding available June 2014?

Pre-Application Workshops• Open and one to one sessions• Belfast & Derry throughout January & early February• Regional workshops can be arranged

Page 5: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CIIF 2

FUNDING 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 bodies

• Awards to businesses will not exceed £10,000• Awards to sectoral development bodies are capped at £20,000• CIIF 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

Page 6: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

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.

Page 7: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CRITERIA FOR DECISION MAKING

Key difference from previous rounds isthat the criteria in application forms hasbeen reduced 1. Stated priorities of the programme2. Degree of innovation3. Return on investment

4th Criteria is ONLY for previous CIIF recipients

Page 8: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CRITERIA FOR DECISION MAKING

1. The extent to which the proposal meets CIIF 2 priorities.• Cross sector collaboration• Export focus activity• Innovation & entrepreneurial potential of NI’s culture,

arts & leisure base

You MUST address all 3 priorities

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

Page 9: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CRITERIA FOR DECISION MAKING

2. Degree of innovation and contribution to innovation, R&D and creativity in the economy.

• 6 QUESTIONS• You will need to RANK the ones that are the

most relevant to your project

(max 100 words per question)

Page 10: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

CRITERIA FOR DECISION MAKING

3. 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)

Page 11: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

What can I apply for?

• Existing staff costs (up to 50% of the award)• New staff posts • Freelance/short term contracts• Content/product development costs• Reasonable travel costs• Reasonable advertising/marketing costs• Reasonable market research costs

Aim to proportion you budget

Page 12: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

What I can’t apply for?

• Capital (equipment/machinery/hardware/software)

• Websites/E-commerce sites/development or modification of websites etc

• Business overheads (rent/electricity/mobiles)• Business start up costs• Legal costs

Page 13: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

NEW ONLINE PROCESS

• The 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.

Page 14: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

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/policies• Equal Opps is mandatory• Child Protection (if applicable)• All policies are in addition to the ACNI statements within

application forms

Page 15: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Section 6 – Enclosures!

• Detailed budget (breakdown of request/show rationale)• Detailed project description (include project

timeline/Gantt chart – June 2014 – March 2015)– Define proposal/ what’s 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)

Page 16: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Section 6 – Enclosures!

Financial records• Start up businesses (not yet registered set of accounts) evidence

of business bank account and relevant bank statements • Limited company

– Last audited accounts (Signed/dated as adopted)– If earlier than 31st March 2013, then you MUST provide most

recent management accounts• Sole Trader/Partnerships

– MUST submit previous financial record no earlier than 31st March 2013 and evidence of business bank account with 3 months statements

Page 17: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Section 6 – Enclosures!

Don’t make assumptions! ………………..………………………………………….

AND READ AND RE READ SECTION 6 CHECKLIST BEFORE SUBMITTING!

Page 18: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

What should I do next?

For further information contact:• Creative Industries Innovation Fund team on 028 9038

5271/270/204 or e-mail: [email protected] or [email protected] or

• Sectoral support organisations:– Northern Ireland Screen on 028 9023 2444 or

www.northernirelandscreen.co.uk– Digital Circle – www.digitalcircle.org

• Also have a look at our website http://www.artscouncil-ni.org/funding

Page 19: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Final Advice

• READ & RE READ guidance notes & application forms!

• Exceptionally Competitive Fund• Expectation of 120+ applications• ONLY fund approximately 50 projects per

funding round (target of 200 project by 2015)• Only one application per funding round

Page 20: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Final Advice

• Be clear & concise in application form– Paper based exercise/ one opportunity to sell

your project & business• Define the innovation! (competitive fund – what is

going to differentiate your application from others)– From June 2014 onwards, what is your business

going to do differently– From April 2015 – will the business be in a

better place etc

Page 21: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Final Advice

• Address 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 business

• Grow business turnover/create jobs etc

Page 22: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Final advice

• Provide 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 to– Remember it’s public funds so procurement will be

required• Complete Enclosures!!!

Page 23: Creative Industries Innovation Fund David McConnell Creative Industries Development Officer

Thank youQuestions