Cleantech Incubation in Peterborough Gareth Jones, Head of Business Development Opportunity Peterborough What do we do? Opportunity Peterborough supports the economic development of the city of Peterborough by managing several business clusters, an innovation centre, a business engagement programme, five pan-European innovation initiatives, offers cluster, green growth and eco-innovation consultancy services and a city-side skills service. What are our aims? • • • • • • • Help create & grow cleantech businesses Find new business opportunities Attract cleantech businesses to the city Bring new solutions to the market Encourage and support green growth Create / safeguard jobs Reduce environmental impacts UK Cleantech Opportunity • • • • • • • • £107 billion 55,000 companies 880,000 employees 5% year-on-year growth to 2017 Strong track record in innovation activities th 5 biggest innovator in EU th 8 for eco-innovation in EU 4 of world’s top 6 Universities Peterborough: Cleantech Cluster • 350 environment sector businesses – Engineering and precision manufacturing; specialised in energy generation, water and waste management, environmental services • • • • World-class Universities £590m annual turnover 5,800 employees Additional clusters in manufacturing, food & drink, logistics and financial services. Cleantech Companies (sample) Environmental Renewable Energy Emerging Low Carbon Air Pollution Biomass Additional Energy Sources Contaminated Land Reclamation & Remediation Geothermal Alternative Fuels Hydro Alternative Fuel Vehicle Photovoltaic Building Technologies Renewable Consulting Carbon Capture & Storage Wave & Tidal Carbon Finance Wind Energy Management Environmental Consultancy and Related Services Environmental Monitoring, Instrumentation and Analysis Marine Pollution Control Noise & Vibration Control Recovery and Recycling Waste Management Water Supply and Waste Water Treatment Source: Department for Business, Innovation & Skills (BIS) and INNOVAS Solutions Ltd (2009) Support Organisations Local Academic/Skills Partners Public Sector Partners Universities @ Peterborough Demand Supply Support Resource Efficiency & Financial Savings Technologies Drive Innovation Services Increase Collaboration / Competition Compliance with Policies Consultancy Knowledge Transfer Avoid Litigation for NonCompliance Environmental Management Systems Willingness to Protect the Environment Turn-key Solutions Incubate Ideas Investor-readiness Finding Markets & Internationalisation Plug Skills Gaps Improve Health & Wellbeing Increase Profits from Eco Products / Services Brokerage Awareness Raising The Future To solve challenges, develop new ideas, products and services through the power of collaboration and open innovation. •Creating solutions to problems and to improve business as usual •Support for the local value chain •Increased innovation leading to business growth •Job creation •Enhanced public procurement processes •Inward investment in Peterborough •Increased media awareness / branding •Better global competitiveness of local companies Curriculum Development Challenge Pool Learners Skills Loop Career Pathways Supply Chain & Entrepreneurs Challenge Loop Innovation Network Innovation Loop Innovation Pool Businesses, Organisations & Citizens Solutions Pool Solutions Loop Skills Centre Incubation Living Data City Metabolism Loop Graduate Service Skills Service Demonstration Incubation Challenges • What services does the incubator need to offer businesses? • Where should the incubator be based? • Should the incubator have a sectoral focus? • How do we maximise links to local Universities and Colleges to nurture entrepreneurship? • How can we increase investment into incubated businesses? • What business support or specialist expertise is required? • How can the incubator be financially selfsustainable? Gareth Jones Stuart House, St John’s Street, Peterborough, PE1 5DD, UK +44(0)1733 317404 | gareth.jones@opportunitypeterborough.co.uk Twitter: @garethjonespro | Skype: garethjonespro