KEF at UWA

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KEF at UWA

• Dr Ian Harris
• UWA KEF Entrepreneurship Champion

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Content

• What does KEF do..?
• What does an EC do..?
• Why emplace Enterprise in the curriculum..?
• Whats KEF brought to UWAs table..?
• (If I get time)

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What is the Knowledge Exploitation Fund (KEF)

• 42 Million EEC/WAG Programme (potentially 56
  million if all the bids come in) from Jan 03 to
  July 05
• Becoming inextricably linked with HEED and in the
  future will influence 1st and 2nd Mission HEFCW
  Funding
• Seeking to emplace Knowledge assets in the
  Welsh Economy
• Strand One Entrepreneurship
• Strand Two Business Skills Training/HE links
  with Industry
• Strand Three Expand the Skills of
  Trainers/Educators
• Strand Four Accelerate the Commercial
  Exploitation of Research
• Strand Five Stimulate Technology Transfer
• You can breathe easy, Ive only got time to
  briefly discuss Strand One in this presentation

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KEF and UWA

• Between August 2000 and December 2002 KEF
  invested over 750K at UWA
• From a purse of 20.2 million
• Biology/Physics principally benefited
• CREH has already got a bid accepted for 2003 for
  160K and has another bid ready for a further
  200K
• Note this funding is NOT for core RAE research

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I need your HELP
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Why..?

• I dont have all the answers
• Im new to UWA and therefore its culture
• What I want to do is create sustainability
• Hence I need your input/creativity
• I KNOW that you are very busy
• I want to help remove any impediments
• Yes I know this is not 1st or 2nd Mission, but
  soon it will have a considerable impact on our
  traditional funding if the Welsh Assembly
  Government has its way

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What does an EC do..?

• Tasked with
• S1 - Emplacing Enterprise into each departments
  curriculum even if its just one lecture/module
• S2 - Improving the relationships with Business in
  our Geographical Region and building capacity for
  HE level education to business
• S3 - Improving the understanding of Enterprise
  for every member of the UWA staff
• S4/5 - Greasing the funding wheels from KEF and
  other funding vehicles e.g. Currently, there
  are plans to move all European Bids into the HEED
  pot
• Other than that I stare at my navel all day!!!

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Strand One
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What do students do when they leave university..?
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Enterprise in the Curriculum

• Even though Students study a core subject at UWA
  most are unlikely to earn a living and pay off
  their debts from that subject
• In the five departments selected above, a survey
  of the modules available on the UWA website shows
  that not one module across the subject areas has
  an Enterprise/Business/Professional Development
  focus
• I can help fund/create a lecture, series of
  lectures or modules that explicitly deliver in
  the context of your subject areas

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There are some significant departmental
opportunities here

• Ability to substantiate the message that UWA
  undertakes to ENSURE employability after the
  course currently our Marketing Message is
  somewhat obscured
• Can be easily dove-tailed with the existing
  Careers provision
• Other Universitys are engaging this Marketing
  Message more aggressively
• Take a look at Warwick!
• http//www.warwick.ac.uk/careers/img/fds/cas
• It wont be long before they expand this

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So WHAT!

• If I were looking for a place in university in
  addition to considering the prospective
  departments profile/competences/ucas offer I
  would be strongly looking at employability
  after my degree
• Perhaps now is the time to consider
  enterprise/professional skills modules as a core
  of the UWA electives
• If you were going to be 15-20K in debt after
  graduation might you consider your life after
  graduation when you choose your degree..?
• Ill be undertaking a survey to determine this in
  the very near future

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Personal Skills required 18 months after
Graduation
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• The skills employers were most likely to require
  in the next 2-3 years were advanced IT/software
  (33), followed by basic computing (21) and
  technical/practical skills other than IT (18).
• Employers' Skills Survey 2001
• Students who graduate this summer expect to have
  debts of at least 10,000 - an increase of 6,700
  compared with 1999's graduates, a survey
  suggests.
• http//news.bbc.co.uk/2/hi/uk_news/education/19395
  28.stm
• Not including the new Fees arrangements!

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