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Technology Programme Information Day, May 05 April 2005 Competition for Funding Alexia Drakakis Innovation Group, DTI.

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Presentation on theme: "Technology Programme Information Day, May 05 April 2005 Competition for Funding Alexia Drakakis Innovation Group, DTI."— Presentation transcript:

1 Technology Programme Information Day, May 05 April 2005 Competition for Funding Alexia Drakakis Innovation Group, DTI

2 Technology Programme Information Day, May 05 Summary Aims of the competition How to apply

3 Technology Programme Information Day, May 05 A World in Transition Source: Ageing Population Evolving Customer Needs Our impact on the Environment Falling Communications Costs Pace of Technological Change New World Powers

4 Technology Programme Information Day, May 05 Overall Aim: Balanced Portfolio NEW CORE PRODUCT PRODUCT VARIANT EMERGING BASIC Consumer Technology Adapted from Prahalad and Hamel, Harvard

5 Technology Programme Information Day, May 05 Overall Aim: Balanced Portfolio NEW CORE PRODUCT PRODUCT VARIANT EMERGING BASIC Consumer Technology Adapted from Prahalad and Hamel, Harvard

6 Technology Programme Information Day, May 05 Grant for investigating innovative idea Grant for Research & Development Knowledge Transfer Partnerships Collaborative Research & Development Knowledge Transfer Networks All SMEs DTI Financial Business Support Innovation Best Practice Raising Finance Regional Investment

7 Technology Programme Information Day, May 05 Collaborative Research & Development Business Science Base Collaborative Matched Funding Specific Technologies Competitive Specific Deliverables

8 Technology Programme Information Day, May 05 Competitions announced for £245M 1563 outline applications received Chances of success: 4:1 at outline stage 2:1 at full stage 16 technology areas supported 132 projects & networks awarded £90M R&D support ranged £30k to £2.2M Key Facts and Figures from Previous Competitions

9 Technology Programme Information Day, May 05 April 04 Successes – The Statistics TurnoverLeads (no.)Partners (no.) £500m £ m13105 £50-100m224 <£50m % Universities 80% Businesses

10 Technology Programme Information Day, May 05 Applying for Funding

11 Technology Programme Information Day, May 05 Mainstream Collaborative R&D Advanced Materials Biopharmaceutical Bioprocessing Direct Writing Emerging Energy Technologies Micro and Nanotechnology Next Generation Lasers April 2005 Competition

12 Technology Programme Information Day, May 05 Challenge Projects Meeting the Challenge of the Zero Emission Enterprise Demonstrators Validation of Complex Systems April 2005 Competition

13 Technology Programme Information Day, May 05 Stakeholders Research Councils Regional Development Agencies Devolved Authorities Government Agencies Other Government Departments Collaborators who can Apply Beneficiaries Sole Traders Partnerships Companies Cooperatives Charities Intermediaries Higher Educational Institutions Trade Associations Professional Bodies National Training Organisations Research and Technology Organisations Learning and Skills Councils Further Educational Establishments Chambers of Commerce Public Sector Research Institutes Other National Bodies

14 Technology Programme Information Day, May 05 Application Process – An Overview Mainstream Collaborative R&D Outline Application Full Application Zero Emissions Enterprise Feasibility Stage Full Project Stage Validation of Complex Systems One Stage: Application & Business Case

15 Technology Programme Information Day, May 05 Mainstream Collaborative R&D 25 th April Competition Opens 13 th June Register Intent 20 th June Close for Outline Applications 18 th July End Assessment 12 th Sept Close for Full Applications 7 th Nov End Assessment Contract Negotiation 7 weeks1 week4 weeks8 weeks

16 Technology Programme Information Day, May 05 Funding for Mainstream Collaborative R & D 75% for Basic Research projects 50% for Applied Research projects 25% for Experimental Development projects Business to Business (50%, 40%, 25%) And Typical grants awarded £500k - £2m but no maximum or minimum Duration - 6 months to 5 years

17 Technology Programme Information Day, May 05 Assessment Process Independent 3 Assessors per project Industry Specialists/ Academics Assessors decision is final Fair Assessor briefing days Outline stage online Full stage at consensus Transparent Straightforward feedback Clear decision criteria

18 Technology Programme Information Day, May 05 Assessing Applications Criterion 1 - Project Overview and Relevance Criterion 2 - Potential Impact and Risk Criterion 3 - Project Organisation and Management 12 sub-criteria Full stage – more detail Highest ranked applications are recommended Whole process ~22 weeks

19 Technology Programme Information Day, May 05 Mainstream Collaborative R&D Guidance brochure Technical Specification Application Form

20 Technology Programme Information Day, May 05 Research Council Co-funding Opportunity highlighted on specification Science to business only Full economic cost – all submissions after 1 st Sept 05 Additional forms required

21 Technology Programme Information Day, May 05 Zero Emissions Enterprise 13 th June Register Intent 20 th June Submit Feasibility Stage Application 18 th July End Assessment 1 st Sept Complete Negotiation 31 st Jan Complete Feasibility & Submit Full Project Application 17 th Feb End Initial Assessment 7 weeks1 week4 weeks6 weeks 2 weeks~21 weeks 20 th Feb Applicant Interviews 1 week 1 st March End Assessment 2 weeks Contract Negotiation 25 th April Competition Opens

22 Technology Programme Information Day, May 05 Funding for Zero Emissions Enterprise 75% for Feasibility Study Stage Feasibility stage business to business (50%) 50% for full stage Applied Research projects 25% for full stage Experimental Development Full stage Business to Business (40%, 25%) And:- Feasibility study up to £50k funding, 5 months Full project £2-5m

23 Technology Programme Information Day, May 05 Zero Emissions Enterprise Guidance brochure Technical Specification Application Form Finance Form Feasibility Plan

24 Technology Programme Information Day, May 05 Validation of Complex Systems 25 th April Competition Opens 20 th June Register Intent 18 th July Competition Closes 8 th August 1 st Panel Assessment 7 th October End Due Diligence 17 th October Applicant Interviews Contract Negotiations 8 weeks4 weeks3 weeks9 weeks 1 week 31 st October End of Assessment 2 weeks

25 Technology Programme Information Day, May 05 Funding for Validation of Complex Systems 50% for Applied Research projects 25% for full stage Experimental Development Business to Business projects (40%, 25%) And Substantial in impact and therefore size (£5m +) Due diligence & board interview at assessment May require further EU State Aids clearance

26 Technology Programme Information Day, May 05 Validation of Complex Systems Guidance brochure Technical Specification Application Form Finance Form Business Plan

27 Technology Programme Information Day, May 05 Tips for Success Read the literature Get the right people together Understand your ultimate market Attractive to have other government support Talk to the DTI, were here to help! Complete the application form as instructed Check the deadlines

28 Technology Programme Information Day, May 05


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