TEC Team Meeting 16th June 1999

1
Presentation to mid-Wales INPart Group 28th
January 2009 Neil Sandford Innovation
Manager Welsh Assembly Government
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Presentation Agenda

• PART 1
• Innovation Manager role within Flexible Support
  for Business (FS4B)
• PART 2
• Single Investment Fund (SIF)
• Other WAG RD funding support
• QUESTIONS

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Flexible Support for Business (FS4B) Operating
Model
Innovation Managers Work with clients at all
Tiers
Tier 1 KB4B Tier 2 Relationship Managers Tier
3 SME Relationship Managers Trading gt12 month.
Growth Potential
Tier 4 Growth Start-up Growth Potential within
1st year of trading
Tier 5 Small Local Established Businesses
Businesses not demonstrating growth
Tier 6 Growth Pre-Starts Not yet trading and
having growth potential
Tier 7 Pre-Starts Not yet trading and not
demonstrating growth potential
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Innovation Managers provide specialist advice
and support

• Analysis / diagnosis of companies innovation
  technology needs
• Assist with the commercialisation of innovative
  ideas, IPR and licensing
• Support with RD and new product / process
  development
• Support with the implementation of new
  technologies
• Help with technical problem solving research
  into technology solutions
• Facilitate access to academia and centres of
  excellence
• Facilitate access to financial support / funding
  programmes

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FS4B - Business access to Innovation Manager
support
Relationship Manager / Enterprise
Innovation Manager
Deliver a high level diagnosis and identify the
requirements of a business Consider
best-in-class approaches to identify areas of
support. Recommend / specify tailored packages
of support which might include change management,
finance, innovation services, performance
improvement, training and other types.
Client Enquiry
Identify and scope the Businesss technology and
innovation needs and provide a problem-solving
resource to address key issues. Identify the
advantages and benefits of implementing new
technology and source preferable solutions,
advising on appropriate financial assistance.
Innovation support required
Relationship Manager facilitates meeting with
client and Innovation Manager
Funding required ?
Help prepare substantial technology proposals
addressing the technology, commercial, financial
and intellectual property issues. In addition,
thoroughly appraise, evaluate and filter similar
proposals as part of the due diligence process
for RD funding.
Single Investment Fund (SIF)
Funding application
Provide senior level project mentoring and
oversight, typically of research, product
development, technology implementation and
collaboration projects.
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Single Investment Fund (SIF)
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Single Investment Fund (SIF) replaces the
old grant system in Wales

• Under the SIF umbrella there are 3
• support packages
• Single Investment Fund
• Small Single Investment Fund
• Single Investment Fund RDI
• Relationship Managers work with clients to
• help determine the most appropriate
• package of support.
• Different sets of application forms and
• guidance notes for each support package.

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Single Investment Fund

• Grant support over 10,000
• Support for Capital projects
• Support for Revenue projects ie. consultancy
• Upto 50 funding Convergence area (TBC)
• Upto 35 funding Competitiveness area (TBC)
• Funding accessed via Relationship Managers /
  Enterprise Team

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Small Single Investment Fund

• Grant funding less than 10,000
• Support for Capital projects
• Support for Revenue projects ie. consultancy
• Upto 50 funding Capital 100 funding
  Consultancy
• Eligible Businesses
• Employing more than 4 people
• Turnover more than 100,000
• Providing business-to-business services
• Operating outside of local market
• Funding accessed via Relationship Managers /
  Enterprise Team

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Single Investment Fund RDI

• The Welsh flavour of the UK wide SMART RD
  funding scheme.
• Four phases of support available within SIF RDI
  
• Technical Commercial Feasibility (TCF)
• Industrial Research (IR)
• Pre Competitive Development (PCD)
• Exploitation
• Following Relationship Manager referral,
  Innovation Managers work
• with clients to help determine the most
  appropriate phase/s of support
• and assist in proposal preparation.

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SIF Technical Commercial Feasibility (TCF)

• Assessment of the technical commercial
  feasibility of a proposed innovative concept.
• Deliverable A comprehensive TCF report.
• 75 grant to a max. of 15,000.
• Approval cycle 25 working days.

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SIF Industrial Research (IR)

• Planned research for the purpose of acquiring new
  knowledge that allows for a New Product
  Development activity.
• Deliverable Basic Working Model / Proof of
  Concept
• 70 or 60 grant to a max. of 100,000.
• Available to non SMEs at a lower rate.
• Staged payments. Quarterly in arrears.
• Collaborative RD projects supported at higher
  rate.

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SIF Pre Competitive Development (PCD)

• Formulation design of products leading to
  demonstration or pilot projects.
• Deliverable Pre production prototype not to be
  used commercially.
• 45 or 35 grant to a max. 200,000.
• Available to non SMEs at a lower rate.
• Staged payments. Quarterly in arrears.
• Collaborative RD projects supported at higher
  rate.
• Grant can exceed 200,000 for Exceptional
  projects.
• Mini PCD upto 25,000 grant for Design
  Development only projects.

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SIF Exploitation

• To assist with the exploitation costs of a new
  product or process.
• Can include Marketing / Publicity / Advertising /
  Trade Shows / Product Certification etc.
• 50 grant to a max. 20,000.
• Only available if undertaken a previous SIF RDI
  phase.
• Only available to SMEs.

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SIF RDI - Eligible Project Expenditure

• Pay of Personnel
• Overheads
• Materials Consumed
• Capital Equipment
• Sub Contract Charges
• Consultancy Fees
• Fees for Trials Testing
• Intellectual Property Costs (IPR)
• Training
• 3rd Party Costs capped at 30 or 75.
• Combined IR / PCD applications acceptable.

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SIF RDI - Application, Appraisal, Mentoring
Monitoring Process

• Application Process Application forms /
  proposal support via Innovation Manager
• Appraisal Process Financial Appraisal, Swansea
  Technical Appraisal, Cardiff
• Mentoring Process Innovation Manager
• Monitoring Process Central SIF monitoring team
  with Innovation Manager

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Other RD Funding Support
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Innovation Credit (IC) Funding

• Funding to assist in the development of new
  products.
• Support typically for third party expertise ie.
  prototyping, model making, design expertise etc.
• 50 funded to a max grant of 1,500.
• Funding decision typically within 10 working days.

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Intellectual Property (IP) Credit Funding
Support

• Previously run by IP Wales at Swansea
  University.
• Funding for Patents, Trade Marks, Designs and
  Licenses.
• A range of funding at 50 upto approx. 20,000.

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Neil Sandford Innovation Manager Tel 01874
610054 Mobile [phone] Email
neil.sandford_at_wales.gsi.gov.uk
Questions ?