1. Driving Innovation Technology Strategy Board The UK’s agency for business innovation –Business benefit –Economic growth –Quality of life

2. Driving Innovation From Concept to Commercialisation Commercially viable Business led UK Capability Research Market requirements Business innovation TSB programmes

3. Driving Innovation New Strategy Accelerating the journey between concept and commercialisation Connecting the innovation landscape Turning government action into business opportunity Investing in priority areas based on potential Continuously improving our capability

4. Driving Innovation Collaborative R&D funding Technology and Innovation Centres SBRI Knowledge Transfer Networks KTP Grant for R&D Approaches and Tools

5. Driving Innovation Focus areas and themes

6. Driving Innovation Low Carbon Vehicles Innovation Platform Supporting Marine Industry Strategy Rail competition for funding Aerospace competition for funding Emerging thinking –Integrated transport –“Intelligent Mobility” –“System of Systems” Transport ?

7. Driving Innovation 7 First steps

8. Driving Innovation Accelerating Innovation in Rail Collaborative R&D competition

9. Driving Innovation Vision Accelerate business innovation to meet Rail industry challenges Innovation bringing direct business benefits in UK and global markets Step-change or game changing innovation Supporting cross-industry or whole system innovation Where the rail sector can demonstrate the effectiveness of integrated systems solutions

10. Driving Innovation Objectives Support rail industry agenda –4Cs –Game changers Align funding with the industry Establish a framework for an open innovation approach Engage a broad business community in rail innovation

11. Driving Innovation Competition Scope What? Broad and open but relevant to rail industry challenges and markets Infrastructure Trains Operations Network management and control Customer experience

12. Driving Innovation Competition Scope How? Encouraging open innovation and cross-industry working Technical development Systems approach Market-led application development Business model innovation

13. Driving Innovation Funding Details Project value from £200k to £1m, grant of £100k to £500k Looking for 15-20 projects with a range of –Sizes –Application areas –Technology readiness level

14. Driving Innovation Key Dates Consortium-building event 20 October 2011 Competition opens 7 November 2011 Briefing day 16 November 2011 Expressions of interest (EOI) deadline 14 December 2011 (noon)

15. Driving Innovation richard.kemp-harper@tsb.gov.uk @kemp_harper http://www.innovateuk.org An invitation… …to a conversation