Grant for R&D introduction Myrddin Jones, Lead Technologist Electronics, Photonics & Electrical Systems
Who we are as an organisation An arm s length executive body guided by a business-led Governing Board Sponsored by the Department for Business, Innovation and Skills (BIS) We work across government departments and often in partnership with the research councils Focused on business innovation and the application of technology
Funding opportunities for innovation Current portfolio: Collaborative R&D 1,495 unique businesses 60% SMEs 80 Universities Knowledge Transfer Partnerships Knowledge Transfer Networks Small Business Research Initiative 883 businesses 75% SMEs 122 research base partners 43,000 business members >50% SMEs 14,000 nonbusiness 268 businesses 100% SMEs European programmes 32 businesses 30 SMEs 6 public sector Technologist team >1200 company meetings/visits year plus 40 workshops Competition team 86 briefings/info days (5200 attendees) Total team >110 1700 years collective business experience 70 public sector visits/year
Grant for R&D Overview Assist micro, small and medium sized businesses and pre-start-ups UK wide Supersedes RDA scheme Working alongside Devolved Administration schemes Discussing to align with DAs Single company grants Deliver successful new products, processes and services Economic Growth
Grant Types Proof of Market assess commercial viability market research initial planning for commercialisation Proof of Concept initial feasibility studies basic prototyping, specialist testing and or demonstration investigation of production options. Pre-clinical research studies Development of Prototype pre-production prototype IP protection trials and testing (including clinical) identifying routes to market
Grant Types Grant Type Intervention rate (responsive mode) Max grant level Proof of Market 60% 25,000 (max 20% upfront payment) Max duration 9 months Proof of Concept 60% 100,000 (lower of 20% or 10,000 upfront payment) Development of Prototype 35% medium enterprises 45% small and micro 18 months 250,000 24 months Intervention rate = grant / total project cost PoM project costing the company 41,667 may receive a grant of 25,000 In Thematic mode PoM and PoC can have a 15% uplift (75%)
Modes of operation Responsive Always open Batched assessment 6 / year Any technology or sector Funds Spread over the year Balanced between grant types Resubmission permitted within limits Thematic Single competitions Once off Specific competition brief Deadlines Topic area Funding level Types of grant Resubmission not possible (to the same competition)
Eligibility UK based SMEs and pre-start-ups Fewer than 250 employees Turnover < 50m Balance sheet < 43m EU definition: http://ec.europa.eu/enterprise/policies/sme/factsfigures-analysis/sme-definition/index_en.htm
FAQ (1) I am a Pre-Startup Company, may I apply? Yes, we encourage applications from businesses at all stages, provided they meet the SME requirement.
FAQ (2) I am based at a University, may I apply? Academic institutions are not eligible. However, a spin out that is less than 50% owned by its academic parent may be eligible provided it complies with the definition of an SME.
FAQ (3) My organisation is a Registered Charity, may I apply? Registered charities are eligible provided they comply with the definition of an SME.
FAQ (4) My business is registered outside the UK, may I apply? The scheme is only available for UK based SMEs.
FAQ (5) What is the deadline for applications? In responsive mode, there is no specific deadline, applications may be submitted at any time. There will be 6 points during the year where batches of applications will be assessed. The dates of these batch assessments will be published on the website.
FAQ (6) How will the successful applications be chosen? Proposals will be chosen by an expert group of selected assessors and a final assessment panel.
FAQ (7) When will I find out if my application has been successful? In responsive mode, applicants will normally be informed a month after the batch assessment date following submission.
FAQ (8) Who owns the Intellectual Property Generated by the Project? Intellectual property created in the project remains the property of the applicant.
FAQ (9) Can I work in collaboration with other businesses? Grants will be awarded only to individual businesses. However, applicants may identify components of the work which they wish to subcontract and may also employ specialist consultants or advisers if they believe this will increase the chances of the project being successful.
FAQ (10) Do Grant for Research and Development grants constitute State Aid? Yes, these grants constitute State Aid but are offered under a notified exempt permission. You should ensure that you comply with the eligibility requirements of the State Aid notification for this scheme. Full details are in the Guidance for Applicants.
http://www.innovateuk.org Questions should be addressed to the Helpline on 0300 321 4357 or support@tsb.gov.uk