BU has joined with other institutes in the South West to offer businesses help. Innovation Vouchers are supported by the European Regional Development Fund (ERDF) South West Competitiveness Programme 2007 to 2013.
In a nut-shell, an Innovation Voucher provides funding for a business to work with an external expert from a University, College or Public Sector Research Establishment for the first time, gaining new knowledge to help their business innovate, develop and grow.
Are you in early conversations with a company with whom you have not worked before? Is the company a start-up, micro, small and medium-sized business (as defined by the EC*) located anywhere in the South West England Competitiveness Area (not Cornwall) with an an innovative idea? Do they trade in an ERDF-eligible sector (i.e. not agri-food, textiles or retail)? Would they benefit from up to 40% support for projects with a total value ranging from £3,000 to £10,000 for the business to buy in external expertise to develop ideas and improve performance? Do they need help during the application period – 1 October 2012 to early in 2015?
If so, Innovation Vouchers may be the way to introduce them to what BU has to offer? More information is available on the USW website.
Within BU, please contact your School’s BRO or Emily Cieciura (firstname.lastname@example.org)
N.B. The Innovation Voucher project is part financed by the Competitiveness European Regional Development Fund Programme 2007 to 2013. The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs. For more information visit www.communities.gov.uk/erdf.
EuropeAid is the ‘one-stop shop’ for European Aid Development and Co-operation Funding. The EU provides grants to countries throughout the world in need of assistance. This scheme allows third parties, such as BU, to access funding in turn for activities supporting the aims of these grants. This is to ensure the quality of EU aid and its effectiveness.
Fundign is available to support:
- Designing EU development policies
- Governance and Human Rights
- Human Development
- Food and Natural Resources
- Economy and Trade
The website gives more information on current calls, with the advanced search allowing you to limit your search, for example, to specific regions or themes.
If you are interested in applying to this scheme, please read the funding guidance and contact Paul Lynch, Senior Officer for the EU team in RKE operations, if you decide to go ahead.
I have just returned from the annual KTP Managers’ Conference 2012 and the key message from the Technology Strategy Board is that now is the time to turn that conversation with a company into a Knowledge Transfer Partnership. Knowledge Exchange allows you and the partner organisation to demonstrate and develop your research in the context of the market, to your mutual benefit. For the associate, who can be a named post doc., it also provides excellent project management experience.
Philip Ternouth presented his primary finding from the CIHE publication Key Attributes for Successful Knowledge Transfer Partnerships, that KTPs are a ‘value-adding’ mechanism for universities to form partnerships with industry. Importantly, in mapping the the KTP model onto their ‘Generic Process Model for KT in Open Innovation,’ the report shows that the KTP structure supports the vital ‘5Cs’: Company opportunity, Co-recognition, Co-formulation, Co-creation and Commercialisation. KTPs are also shown to assist in improving the absorptive capacity of the partner by potentially increasing the ability of firms and organisations to recognise the value of new external knowledge, assimilate it and apply it to commercial ends…Cohen and Levinthal (1990).
Iain Gray (CEO, TSB), reminded the conference that the TSB is there to promote wealth creation in the UK, but wealth and innovation can take many forms. Within the scheme’s boundaries, if the KTP proposal can demonstrate a step change for the organisation with a potential impact for the wider economy, be that in the truly commercial through to the social sectors, the TSB will consider its funding. Other funders, such as the ESRC and AHRC, are also on board, specifically requesting KTPs which meet their social agendas. Thus, the Technology Strategy Board values the impact made by all sectors of the economy.
If nothing else, take time to find out more about a funding scheme where submitted proposals have a c. 80% success rate at the approvals panel and can provide clear evidence of potential impact.
More information is available at the KTP website. BU has access to TSB advisers who can visit BU to talk to you and your colleagues about the benefits of KTPs and other TSB funding schemes. You can also sign up to the TSB site _connect and the Knowledge Transfer Networks related to your discipline. BU branded literature is available for BU staff to give to external contacts (email email@example.com). Yes, lots of help is on hand.
So, be ambitious and think KTP.
BU welcomed Jo Frost, BU’s named contact for the UK Research Office (UKRO). Jo’s presentation was wide-ranging and hugely informative, outlining the current FP7 scheme and the forthcoming Horizon 2020 scheme, which is still going through the consultation process. It is expected that Horizon 2020 will focus on three priorities: ‘Excellent Science’, ‘Industrial Leadership’ and ‘Societal Challenges’. Jo also introduced the new Erasmus for All scheme.
All the slides from the day are available to BU staff only. These slides include many links to useful sources of information, if you would like to take part in the Horizon 2020 consultation or are planning ahead and want to prepare a submission to the many funding streams within this framework. Jo stressed the need to build networks and many suggestions are included in her presentation. These slides also give detailed information on the proposed budget allocations and themes within the three priority areas.
If you would like to enhance your knowledge of changes to EU funding, please refer to Jo’s slides. You can also contact Corrina Dickson, Paul Lynch, Sarah Katon or Emily Cieciura, who can help you develop your EU submissions.
BU staff can view the slides at: I:\R&KEO\Public\RDU\European Related\UKRO 2012 Presentation.
What is it all about?
It is well known that banks aren’t lending; equity is scarce; and traditional investment returns can often be poor. WoO aim to demonstrate that there is another way…
Windows of Opportunity is a series of FREE events to inform entrepreneurs, businesses and investors about the new types of money and new investment opportunities that exist today.
Who is it for?
Our overarching goal is to make sense of the range of investment and funding options for potential or existing investors and entrepreneurs or young businesses.
- New Investors
- Established Investors
- Angel Investors
If you are an entrepreneur, a startup, a new or an established investor you can’t afford not to know about this and attend one of these FREE Events! Details of the next event are below.
Growth Accelerator is partnering with School for Start Ups on a series of free educational events about types of finance and ways to obtain investments, including the Seed Enterprise Investment Scheme (SEIS).
Sheffield Event details: Sheffield, Sheffield City Hall , Fri 12 October 2012
More details about the Windows of Opportunity and other event locations can be found here: http://www.schoolforstartups.co.uk/woo/
Now is the time to find out if your area of research interest can be applied in the work-place with the assistance of a government grant.
The Technology Strategy Board has just released figures from their recent Knowledge Transfer Partnership approvals meeting. In May 2012, 42 classic KTP proposals were submitted with 34 being supported. That is an 81% success rate. Only 12 Shorter KTPs were submitted, with 10 of these being supported. This gives an excellent 83% success rate. They are looking for over 100 per approval meeting. Consequently, the Technology Strategy Board is very keen to see more quality applications.
So, if you are thinking of engaging with the technology exchange process, now would be a good time to make the most of your industry contacts. The TSB offers support throughout the process via their KTP Advisors. You do not always need to submit a full proposal at the outset but can use an Expression of Interest application to ‘test the water’.
For those of you not familiar with KTPs, Classic KTPs are normally between 12 and 36 months and are broadly strategic in their outcomes. Shorter KTPs are between 26 to 51 weeks and have more tactical outcomes. Both employ a recent graduate as the project associate, supported by the company and academic supervisors, to complete a specific company-based project. For more detailed information on this successful and long-running funding scheme, please go to the KTP website or just search for ‘KTP’. There are resources specific to the needs of the academic, the company and the associate. Check out _connect and join one of the Knowledge Transfer Networks.
There is also help within BU. Peter Delgado (BU’s Commercialisation and KTP Officer) should be your first port of call (firstname.lastname@example.org or 01202 961215). In addition, if you are visiting a company and think that a KTP might be just what they need, KTP marketing materials are available from Emily Cieciura (email@example.com or 01202 968241).
Following the Comprehensive Spending Review of 2010, the Technology Strategy Board was hit hard, as were many government departments and their initiatives. The December 2011 KTP Conference, however, shows that the climate for KTPs is improving and that BU is in a position to benefit from this optimism.
Highlights from the conference were:
- Iain Gray (TSB Chief Executive) emphasised KTPs are central to the schemes offered by the Department of Business, Innovation and Skills (BIS) delivered via the Technology Strategy Board.
- Although KTPs should still demonstrate the previously advised elements of Innovation, Impact and Challenge, there is a shift towards Quality in proposals. The outcome for BU is that KTPs looking at market development and business strategies may be acceptable to the TSB, if a high level of quality can be clearly demonstrated in the proposal.
- A good relationship with local our KTP adviser is vital in ensuring successful KTP outcomes. The adviser should be contacted early on in the development of the proposal to ensure that each project meets with current TSB (and other funders’) criteria.
- The TSB is developing relationships with other potential KTP funders including public bodies such as research councils. Other funding schemes are available within the TSB and should be considered if the KTP model is not appropriate.
- Academic staff are encouraged to make contact with the Knowledge Transfer Network for their area of expertise via the _connect website.
- The TSB is consulting with HEIs in the light of the Wilson Review . This is supported by other TSB reports such as Concept to Commercialisation.
- There is a general need across the KTP sector to attract, recruit and retain high quality UK / EU graduates
For more information on KTPs, please go to the KTP website or at BU contact David Kilburn (firstname.lastname@example.org)
The Technology Strategy Board, which delivers the Knowledge Transfer Partnership scheme, has announced:
- New funding criteria from the ESRC and BBSRC – ESRC Criteria for KTP support 2011 and BBSRC Criteria for KTP Support 2011
- Updated financial procedures for timely claiming and payment of awards
- Applications for Shorter KTPs are now re-opened during the migration of KTPs to a streamlined 6 to 36 month scheme
- A new version of Guidance Notes for Grant Application and Proposal Forms has been issued
- An updated Management Handbook for KTPs – for Supervisors was released in October 2011
- There is a competition for KTPs in Multicore and Parallel Processing – closing date 24/11/11
- Ashorne Hill have been selected to provide the new training package for Associates
As the TSB releases more information on KTP scheme, I will be posting this on the blog, so watch out for more news.
Please contact me if you have any queries about current or future KTPs, in the first instance. Further information is also available on the KTP website. For those interested in developing KTPs and networking with others with the same interests, the TSB recommends that you join the Knowledge Transfer Network.
Emily Cieciura (Research & Knowledge Exchange Operations)
email@example.com or 01202 968241