Scottish Enterprise Innovation Support Charles Broadfoot Innovation Specialist Agenda What do we aim to do with companies How can we help? Available funding support Questions and discussion What we aim to do with companies We have two main aims: – – Reduce the risk to you in undertaking a particular project Help to maximise the commercial gains from the project Worth noting the we are not in the business of supporting blue sky R&D nor technology development without a clear route to market and a reasonable timescale for that. How can we help? For any company we can: Provide UK market and company information Through Business Gateway Business Information Service 0845 609 6611 European market and company information Through Enterprise Europe 0141 228 2797 Wide range of relevant seminars and workshops provided by the various Business Gateways e.g. Making best use of Google Products – Dunfermline and Glenrothes 23 Feb and 31 Mar 2011 Tools and guides on the web; www.bgateway.com Advice & Stimulating Innovation For established companies - Innovation Support Service One to one workshop/discussion with two relevant members of staff Apply on line via Scottish-Enterprise.com NB This is for formed companies only For individuals with an idea – ICASS Innovators Counselling and Advisory Service for Scotland Small companies can also use this service if they wish Advice & Stimulating Innovation • • • • • • • • • Protecting your Ideas New Product Development Technical-Market Research Process Improvement Product Design and Design Process Developing Prototypes Creativity and ideas generation Testing Market Launch Networks – Manufacturing Partners – Supplier / Distributors – Knowledge Transfer Partners Funding Support SMART – Feasibility SMART – R&D R&D Grant Innovation Support SMART - Feasibility Projects with high level of technical risk Good commercial prospects IP access and ownership Available to SMEs Proof of Concept Smart: £90K project which includes £20K company contribution £23K up front 75% support of eligible costs Covers Internal / External Expenditure Successful Smart Feasibility leads to Smart R&D SMART - R&D Significant Technical Innovation for UK Pre- Production Prototyping 35% contribution Available to SMEs Min Project Costs £75,000 Max Grant £600,000 Covers Internal / External Expenditure Can apply direct to Smart R&D without feasibility R&D Grant Significant Technical Innovation for Company Available to Large Company / SMEs Develop IP and R&D Capability 3 levels Up to £40k support – Max 35% contribution – Internal Diligence £40 – 100K – Max 25% contribution – Higher Level Diligence £100K + – Max 25% contribution – External Diligence Retrospective funding based on delivery milestones Covers Internal / External Expenditure Innovation Support Focused on Company Innovations Product Development / Process Improvement Project - 2 / 12 Months Duration Up to 35% of Project costs up to £30K support Three project areas: Market Research Product / Process Development Project Launch Retrospective funding based on delivery milestones Covers Internal / External Expenditure Eligible Costs Internal personnel costs Overheads Materials Sub-contract Consultancy Testing (limited) IP (limited) Depreciation of equipment Charles Broadfoot Laurel House Laurelhill Business Park Stirling United Kingdom FK7 9JQ Email: charles.broadfoot@scotent.co.uk Tel: 01786 452115