Funding for supporting sustainable innovation/ SDI Business Support Program 24 th April 2012.

Funding for supporting sustainable innovation/

SDI Business Support Program

24th April 2012

Funding opportunities/

Sustainable Design-led Innovation Business Support Program

Technology Strategy Board (TSB)- SMARTKnowledge Transfer Partnerships (KTP)Low Carbon KEEPLow Carbon Innovation FundEurostarsIndividual Student Projects

Technology Strategy Board/


UK’s national innovation agency.

Aim - to accelerate economic growth by stimulating and supporting business-led innovation

SMART, KTP, SBRI, Competitions, _connect, CATAPULT

http://www.innovateuk.org/

http://www.innovateuk.org/

SMART/


Known as Grants for Research

Funding stream that aims to assist SME’s engaging in applied research & experimental development, in science, technology & engineering, which leads to new products/processes/services.

12 months funding from April 2012 (next: 31 May, 19 July, 27 Sep, 29 Nov)

http://www.innovateuk.org/content/competition/smart.ashx



SMART/


Grant for following innovation stages

Proof of Market (£25,000, 60% funding, 9 months)

Proof of Concept (£100,000, 60% funding, 18 months)

Prototype Development (£250,000, 35-40% funding, 24 months)

SMART/


Responsive applicationsOnline applications assessed every 2 monthsIndependent assessors using scoring criteriaBatch assessments; next on 1st March

Application detailsProject summary and detailsBusiness proposition and financial summaryFunding added value

KTP/


Knowledge Transfer Partnerships

UK-wide program enabling businesses to improve their competitiveness, productivity and performance through the forming of a Partnership between your business and an academic institution.

http://www.ktponline.org.uk/

KTP/


Any business of any size in any research area

Creative Industries, ICT, Engineering & Manufacturing, Third Sector

Example of objectivesImproving existing products or developing new

productsDeveloping and implementing a marketing

strategy to enter new marketsDeveloping new systems and frameworks to

improve efficiencies in staff and processes

KTP/


SMEs are expected to contribute 1/3 of project cost (£20,00)

The application process

Feasibility StudyForming KTPGrant ApplicationGrant Offer

Cranfield KTP Officer: Ian Chapman

Low Carbon KEEP/


A unique funding opportunity available to SMEs within the East of England. The funding aims to support collaboration between SMEs and research providers, in order to carry out 'low carbon' projects

Funding available until December 2014

http://www.anglia.ac.uk/ruskin/en/home/microsites/low_carbon_keep.html

Low Carbon KEEP/


40% grant to cover project costs

Project between 4-18 months duration

Three parties collaborationThe company – SME based in the East of

EnglandThe knowledge base - A university of

college based anywhere in the UKThe associate - An experienced specialist

who has graduated in the last 5 years

Low Carbon KEEP/


Application process

Informal project proposal assessment

Partner choice

joint application

3-4 weeks Assessment

Low Carbon Innovation Fund/


ERDF supported venture capital fund.

The fund makes early-stage equity investments into SMEs within the East of England that are developing new and innovative products or processes in a low carbon, environmentally sensitive manner.

https://www.lowcarbonfund.co.uk/LCIF/



Funding 40%-60% investment + private investment to match the rest of funding

Between £50,000 to £500,000

Early stage venture capital investments into SMEs in

Products that enable carbon emissions

Low carbon services

Operational changes



Application process

Online application form

Feedback

Due Diligence

The Small Business Research Initiative/


The Small Business Research Initiative (SBRI) encourages innovation by bringing the public sector and businesses together

Suitable for new, small or medium-sized businesses,- can provide vital funding for the critical product development stage, and can result in a commercial product or service

http://www.innovateuk.org/deliveringinnovation/smallbusinessresearchinitiative.ashx

Eurostars/


Eurostars aims to stimulate R&D performing SMEs to lead international collaborative research and innovation projects by easing access to support and funding

Targets the development of new products, processes and services and the access to transnational and international markets

http://www.eurostars-eureka.eu/home.do

Eurostars/


Next deadlines: Autumn 2012

Average project: 3.3 participants, 2.5 country involved, 28.4 months, E1.4 funding

50% funding for R&D SMEs

Eurostars/


Project must address any technology, have a civilian purpose and be aimed at the development of a new product, process or service.The leading SME must be a R&D performing SME and be based in Eurostars member stateAt least one other participant from a Eurostars countryThe R&D performing SMEs must undertake 50% of total project costNo partner or country is performing more than 75% of project total costThe project duration is <= 3 yearsMarket introduction is foreseen within 2 years after project end

Individual Student Projects at Cranfield/


Use of a individual student project to explore new business area/ technology/product/ service/ process

40% of cost funded

£5,000 full project cost

From May 2012- August 2012

http://www.centrefordesign.com/Industry-collaborations

ThankYouJustyna Spurtacz, Research Assistant , C4D

[email protected]

Fiona Charnley, Course Director, C4D

[email protected]

The opinions expressed in this document do not necessarily represent the views of Cranfield University and do not constitute any contractual obligations or agreements.

Funding for supporting sustainable innovation/ SDI Business Support Program 24 th April 2012.

Documents

innovation smart

ktp sustainable design

smart sustainable design

months funding

details business proposition

value slide

shx slide

research funding stream