Funding for supporting sustainable innovation/ SDI Business Support Program 24 th April 2012

Funding opportunities/ Sustainable Design-led Innovation Business Support Program Technology Strategy Board (TSB)- SMART Knowledge Transfer Partnerships (KTP) Low Carbon KEEP Low Carbon Innovation Fund Eurostars Individual Student Projects

Technology Strategy Board/ Sustainable Design-led Innovation Business Support Program UK’s national innovation agency. Aim - to accelerate economic growth by stimulating and supporting business-led innovation SMART, KTP, SBRI, Competitions, _connect, CATAPULT

SMART/ Sustainable Design-led Innovation Business Support Program Known as Grants for Research Funding stream that aims to assist SME’s engaging in applied research & experimental development, in science, technology & engineering, which leads to new products/processes/services. 12 months funding from April 2012 (next: 31 May, 19 July, 27 Sep, 29 Nov) shx

SMART/ Sustainable Design-led Innovation Business Support Program Grant for following innovation stages Proof of Market (£25,000, 60% funding, 9 months) Proof of Concept (£100,000, 60% funding, 18 months) Prototype Development (£250,000, 35-40% funding, 24 months)

SMART/ Sustainable Design-led Innovation Business Support Program Responsive applications Online applications assessed every 2 months Independent assessors using scoring criteria Batch assessments; next on 1 st March Application details Project summary and details Business proposition and financial summary Funding added value

KTP/ Sustainable Design-led Innovation Business Support Program Knowledge Transfer Partnerships UK-wide program enabling businesses to improve their competitiveness, productivity and performance through the forming of a Partnership between your business and an academic institution.

KTP/ Sustainable Design-led Innovation Business Support Program Any business of any size in any research area Creative Industries, ICT, Engineering & Manufacturing, Third Sector Example of objectives Improving existing products or developing new products Developing and implementing a marketing strategy to enter new markets Developing new systems and frameworks to improve efficiencies in staff and processes

KTP/ Sustainable Design-led Innovation Business Support Program SMEs are expected to contribute 1/3 of project cost (£20,00) The application process Feasibility Study Forming KTP Grant Application Grant Offer Cranfield KTP Officer: Ian Chapman

Low Carbon KEEP/ Sustainable Design-led Innovation Business Support Program A unique funding opportunity available to SMEs within the East of England. The funding aims to support collaboration between SMEs and research providers, in order to carry out 'low carbon' projects Funding available until December _carbon_keep.html

Low Carbon KEEP/ Sustainable Design-led Innovation Business Support Program 40% grant to cover project costs Project between 4-18 months duration Three parties collaboration The company – SME based in the East of England The knowledge base - A university of college based anywhere in the UK The associate - An experienced specialist who has graduated in the last 5 years

Low Carbon KEEP/ Sustainable Design-led Innovation Business Support Program Application process Informal project proposal assessment Partner choice joint application 3-4 weeks Assessment

Low Carbon Innovation Fund/ Sustainable Design-led Innovation Business Support Program ERDF supported venture capital fund. The fund makes early-stage equity investments into SMEs within the East of England that are developing new and innovative products or processes in a low carbon, environmentally sensitive manner.

Low Carbon Innovation Fund/ Sustainable Design-led Innovation Business Support Program Funding 40%-60% investment + private investment to match the rest of funding Between £50,000 to £500,000 Early stage venture capital investments into SMEs in Products that enable carbon emissions Low carbon services Operational changes

Low Carbon Innovation Fund/ Sustainable Design-led Innovation Business Support Program Application process Online application form Feedback Due Diligence

The Small Business Research Initiative/ Sustainable Design-led Innovation Business Support Program The Small Business Research Initiative (SBRI) encourages innovation by bringing the public sector and businesses together Suitable for new, small or medium-sized businesses,- can provide vital funding for the critical product development stage, and can result in a commercial product or service usinessresearchinitiative.ashx

Eurostars/ Sustainable Design-led Innovation Business Support Program Eurostars aims to stimulate R&D performing SMEs to lead international collaborative research and innovation projects by easing access to support and funding Targets the development of new products, processes and services and the access to transnational and international markets

Eurostars/ Sustainable Design-led Innovation Business Support Program Next deadlines: Autumn 2012 Average project: 3.3 participants, 2.5 country involved, 28.4 months, E1.4 funding 50% funding for R&D SMEs

Eurostars/ Sustainable Design-led Innovation Business Support Program Project must address any technology, have a civilian purpose and be aimed at the development of a new product, process or service. The leading SME must be a R&D performing SME and be based in Eurostars member state At least one other participant from a Eurostars country The R&D performing SMEs must undertake 50% of total project cost No partner or country is performing more than 75% of project total cost The project duration is <= 3 years Market introduction is foreseen within 2 years after project end

Individual Student Projects at Cranfield/ Sustainable Design-led Innovation Business Support Program Use of a individual student project to explore new business area/ technology/product/ service/ process 40% of cost funded £5,000 full project cost From May August collaborations

Thank You Justyna Spurtacz, Research Assistant, C4D Fiona Charnley, Course Director, C4D The opinions expressed in this document do not necessarily represent the views of Cranfield University and do not constitute any contractual obligations or agreements.