Making Innovation
Affordable
Jo Derbyshire
European Commercial Manager
07920 563826
Pera Group: Creating Growth and Opportunity

Industry driven research and
innovation centre

450+ people across various
European locations

Evolved from not-for-profit
to Employee-Management owned

Three business units:
• Pera Technology
• Pera Consulting
• Pera Training
Pera Technology

www.peratechnology.com
Helping companies harness the potential of science and
technology to create new and valuable products, processes
and services for sustainable business
• Idea Development
• R&D Services
• Partnering
• Grant Funding
Pera Technology - Profile

Operating across a broad range
of market sectors

Open innovation model

Expertise in Engineering &
Physical Sciences (r&D)
•
•
•
•
•
•
•
•
•
Prototyping and Integration
Composites & Textiles
Polymer Science
BioPolymers
Process Engineering
Mechanical Engineering & Design
Finite Element Analysis
Computational Fluid Dynamics
Microwave Engineering
•
•
•
•
•
•
•
•
Radio Frequency Technologies
Acoustics & Vibration
Embedded Control Systems
Wireless Control Systems
Sensor Technology
Medical Diagnostics
Environmental Science
Coatings Technology
Horizon 2020
•
•
•
•
•
•
80 bn EUROs over 7 years (FP7 = 50bn)
All subject to final ratification before Christmas
Launches 1 January 2014
New simplified application procedures
Still collaborative measures but also single company
SBIR Mechanism for SMEs - aims to fill early stage
funding gap
• More finance equity funding available
Horizon 2020
SME SBIR instrument main features
• Targeted at all types of innovative SMEs
• Only SMEs allowed to apply for funding (single company
support possible)
• Competitive
• Market-oriented, EU dimension
• Bottom-up while addressing societal challenges and/or key
enabling technologies
• Grant-based staged funding
New SME Instrument
• The new instrument will integrate SME support into one
comprehensive, simple and easily accessible scheme.
• It will target highly innovative SMEs showing a strong
ambition to develop, grow and internationalise,
regardless of whether they are high-tech and researchdriven or non-research conducting, social or service
companies.
• Only SMEs will be able to apply for funding, and even
single company support will be possible to ensure market
relevance and to increase commercialisation of project
results. SMEs can decide how best to organise the
project and with whom to collaborate.
EU Policy on SMEs
•
99% of all European businesses are SMEs.
•
85% of new jobs in the EU between 2002-2010 were created by SMEs
•
R&D expenditure by SMEs is lower in the EU than in the U.S. and less than a third
of EU SMEs have innovative activities
•
€1 of EU Framework Programme funding leads to an increase in industry added
value of between €7 and €14. The expected long-term macro-economic impact of
the current Seventh Framework programme amounts to 900,000 jobs, of which
300,000 in research, and an extra 0.96 % of GDP.
•
Studies show that SMEs who are active outside their country of origin are more
innovative: 26% of internationally active SMEs introduced products or services that
were new for their sector in their country compared with just 8 % of domesticallyfocused SMEs. EU research funding is designed to encourage such cross-border
links.
Equity and Debt Funding
•
Greater use of financial instruments will help leverage further private research and
innovation investments, including venture capital investments. The EC had budgeted a total
amount of € 3.5 billion for financial instrument facilities - one-third of this amount should be
dedicated to SMEs and small mid-caps.
•
Two financing facilities will be available:
•
A debt facility providing loans, guarantees and other forms of debt finance to entities of all
forms and sizes, including research and innovation-driven SMEs
•
An equity facility providing finance for early- and growth-stage investments, with a particular
focus on early-stage SMEs with the potential to carry out innovation and grow rapidly.
•
They will be implemented via a partnership with the European Investment Bank Group
and/or other international financial institutions and national intermediaries.
Horizon 2020
Contact
•
•
•
•
•
•
•
Jo Derbyshire
Pera Technology Ltd
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB
07826 912917