Identifying Funding

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• Identifying Funding

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Sources of Funding

• European Union Sources
• National Sources

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EU Sources
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Seventh Framework Programme

• Overview of the FP7
• Whats going on in Ireland
• FP7 case study wavebob

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Whats going on in Ireland? FP7

• 4070 applicants to date
• 955 successful bringing in over 300 million
• ICT, health, nanotech and Marie Curie account for
  60 of it
• Higher education remains the primary beneficiary
  (61) with 4 universities in EC Top 250 TCD 83,
  UCC 100, UCD 131, NUIG 186
• Funding to industry - 75 million (double FP6)
  and providing access to gt1bn worth of RD most
  going to SMEs (74)
• Funding to public bodies - 18 million

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Ireland versus other Member States
Source European Commission eCORDA release 7
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Key learning - responding to change

• 43 participants receive over 1M for
  participation in a single proposal, totalling
  72M
• 2010 is Irelands most successful year in the ERC
  programme. Irelands grants to date 4 Advanced
  Grants and 8 Starting Grants
• Ireland trebles its SME-specific funding in 2010.
  An Institute of Technology Initiative stimulates
  15 Irish led proposals from newcomers to the
  SME-specific programme calls bringing funding of
  2.5million to IoTs and SMEs
• Ireland secures 5.7 (2.4M) of the available
  budget in the latest Science in Society call.
  Proposals include marine issues in Mobilisation
  and Mutual Learning
• 1342 Irish experts sign on to the Commission
  Evaluators database

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FP7 Case Sudy STANDPOINT WAVE ENERGY
PROJECT
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STANDPOINT Project

• European Commission FP7 funded project
• Full-size grid-connected WEC in Portugal
• Kick-off November 2009
• 8.1 budget, 5.1m EC contribution
• Focussed on demonstration of best practice
• in design, deployment, operation and
• maintenance

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Wavebob the Coordinator

• Privately owned Irish technology development
  company
• 10 years of research, testing and sea trials
• All IP owned by company and protected in 45
  countries

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Wavebob product development
Build a little Test a little Learn a lot!
Calculate Design Simulate Test Verify
Fail early fail often learn quickly..
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Wavebob the WEC

• Offshore deep water
• Axi-symmetric point-absorber
• Oscillating, self-reacting
• Tuneable

• Accessible
• 25 years lifetime
• Survivability
• High installed power

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STANDPOINT Objectives
Demonstrating advancement of the state-of-the-art
in

• Efficiency in energy absorption and conversion
• Adaptability to changing sea conditions
• Reliability and modularity
• Survivability in extreme seas
• Standards and guidelines for certification

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Commercial array
System complete
Sea going full system operations
Sea going full system demonstration
Sea going sub-system validation
Laboratory sub-system validation
Proof of concept validated
Technology concept formulated
Basic Principles observed reported
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50,000,000
15,000,000
15,000,000
5,000,000
5,000,000
1,000,000
500,000
50,000
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50,000,000
15,000,000
15,000,000
To date Wavebob has raised circa. 13m (inc.
5.5m in grants)
Now need the next 15m
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Local Sources of Funding - NI

• Invest NI
• Knowledge Transfer Programme
• Innovation Vouchers
• Intertrade Ireland

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Invest NI support for Innovation Collaboration

• Technical Advisory Unit (TAU) - Who How
• Technical Development Incentive (TDI) Scheme
• Innovation Vouchers
• Summary/contact

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TAU - Who are they?

• Engineers (mechanical electrical/electronic
  manufacturing)
• Scientific Advisors
• Management System (eg. ISO9001) advisors
• Intellectual Property/ Technical Information
  specialists

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TAU - What do they do?

• Guidance support on a wide range of technical
  issues
• Technical information and problem solving
• Advice and information on technical and
  legislative issues
• Intellectual Property advice
• Management Systems (quality, environmental,
  safety etc)
• Technical Compliance Issues eg CE Marking
• Financial support
• Technical Development Incentive (TDI) Scheme
• Innovation Vouchers

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Technical Development Incentive

• Financial support to SMEs to address technical
  and quality
• related issues such as
• New technologies or processes
• Product process problem resolution
• Product approval/ type testing
• Intellectual Property
• Improved product design performance
• Quality/Integrated management systems
• Max grant of 5,000 (at up to 50 of project
  costs)
• Projects costing between 500 and 15,000
• Further information Kieran McGuinness 028 9069
  8818

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Innovation Vouchers

• 4000 voucher to encourage small registered
  enterprises to engage with a Knowledge Provider
  to develop an innovative solution to a business
  issue
• Companies can apply for up to 3 vouchers for
  different projects but may only have 1 live
  voucher at a time
• Pooled voucher option for collaborative projects
  (up to 10 companies)
• Around 700 vouchers issued to date

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Knowledge Providers

• 41 public sector Knowledge Providers throughout
  Northern Ireland and the Republic of Ireland
• Universities, Colleges, Institutes of Technology
  and other research bodies eg Loughry, Agri-Food
  Biosciences Institute
• Full list of Knowledge Providers and initial
  point of contact for innovation vouchers at
  www.innovationvouchers.com
• The company chooses which Knowledge Provider to
  use

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How to apply

• Company completes application form
• available on website
• www.innovationvouchers.com
• Straightforward application process - Company
  Profile - Issue to be solved - Skills required to
  solve the issue - Outputs for the company as a
  result of the project
• Current/next calls for applications - November
  2011 and February 2012

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In Summary

• Technical Advisory Unit
• Technical information and problem solving
• Management systems (quality, environmental, HS)
  
• Intellectual Property
• Technical Development Incentive grant
• Innovation Vouchers www.innovationvouchers.com
• Contact Ian Wilkinson tel. [phone]
• Email tau_at_investni.com
• Grant for RD and general Invest NI info
• Contact 0800 1814422

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Knowledge Transfer Partnerships (KTP)
Knowledge Transfer Partnerships is Europes
leading programme helping businesses to improve
their competitiveness and productivity through
the better use of knowledge, technology and
skills that reside within the UK knowledge base.
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• What is KTP?
• How does it work?
• Aims and objectives?
• KTP at Ulster
• Case studies

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• Funded by the Technology Strategy Board with 19
  other funding organisations (AHRC, BBSRC, Defra,
  DoH, EMDA, EPSRC, ESF, ESRC, Invest NI, NERC, The
  Northern Way, One North East, Science
  Technology Facilities Council, SEEDA, Scottish
  Government, SWRDA, WAG)
• 32M grants committed each 1M generating
• 32 jobs
• 189 people trained
• 3.6M profits
• 1,000 live Partnerships (65 in NI)
• Invest NI contribution 2008/09 1,000,000

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Features

• Project length 12-36 months
• At least 1 Graduate (KTP Associate)
• Associates recruited jointly and employed by the
  University
• Project located on company premises with joint
  company and academic supervisor
• Academic Supervisor spends ½ day per week on
  the project
• Funded by Government grant and the company
  partner

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Project Criteria

• Strategic relevance to the business
• Stimulating and challenging for the academic team
  
• Intellectually challenging for the Associate
• Sound business case
• Clear knowledge transfer
• Clear additionality
• Benefits likely to accrue

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KTP Costs - 1 Associate for 1 Year

• Graduate salary available (company decides)
  27k
• Associate Development circa 6k
• Travel and Subsistence
• Equipment and Consumables
• University Expertise circa 10k
• Total package circa 43k
• Cost to SME per year 17k
• Cost to Large Company 26k

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Company Benefits

• Achieves business goals faster
• Transfer of knowledge/expertise
• Recruitment of the right people
• Embedding of innovation culture
• Long-term, strategic relationship with KB partner
  

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Associate Benefits

• One of Europes largest graduate recruitment
  schemes
• Competitive salary
• Employment within chosen academic discipline
• Fast-track career development
• Opportunity to register for higher degree during
  project
• 73 Associates employed by host company
• Training and development with qualification in
  Management to National Standard

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The Associates

• Recently qualified
• First degree 76 hold 1st or 2(i)
• All disciplines
• Average age 28 years
• Recruit on open market
• Normally work at the company
• Salary decided by the company
• Terms and conditions of the company
• Backed up by the facilities and expertise of the
  University

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The Process

• Contact the Knowledge Transfer Office marriage
  broker
• Process
• Company visit check eligibility
• Complete an outline form (2 pages and includes
  company accounts)
• Support to facilitate completion of the full
  proposal
• KTO liaises with the KTP Adviser and various
  sponsors
• KTO leads the recruitment process
• KTO sets up and attends all LMC meetings
• KTO ensures all reports are submitted and on
  time!
• KTO provides all financial management and
  reporting

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Intertrade Ireland Fusion

• FUSION, support packages worth up
  to 29,500/33,150 are available for you to
  undertake a 12 month innovation
  project.Partnered with a third-level
  institution with the specialist expertise you
  need and a high calibre science, engineering or
  technology graduate.A graduate is employed by
  you and is based in your company throughout the
  project with mentoring from the academic partner
  and InterTradeIreland FUSION consultant.

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Fusion Video

• http//www.youtube.com/watch?vITG2-Lg1szIfeature
  player_embedded

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Fusion Benefits

• On average, each company taking part on the
  FUSION programme benefits from over 1 million
  worth of sales or efficiency savings in the three
  years following the project.The programme can
  help your business to
• Develop or improve products, processes or
  services
• Streamline business processes to increase
  efficiency and performance
• Develop and implement new technologies, systems
  or processes
• Improve capabilities in innovation, design and
  technology
• Reduce costs
• Increase sales

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Questions Answers?