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Scottish Enterprise Innovation Support

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:

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Scottish Enterprise Innovation Support

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  1. Scottish Enterprise Innovation Support Charles Broadfoot Innovation Specialist

  2. Agenda • What do we aim to do with companies • How can we help? • Available funding support • Questions and discussion

  3. 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.

  4. 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

  5. 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

  6. 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

  7. Networks Manufacturing Partners Supplier / Distributors Knowledge Transfer Partners

  8. Funding Support SMART – Feasibility SMART – R&D R&D Grant Innovation Support

  9. 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

  10. 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

  11. 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

  12. 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

  13. Eligible Costs Internal personnel costs Overheads Materials Sub-contract Consultancy Testing (limited) IP (limited) Depreciation of equipment

  14. Charles BroadfootLaurel House Laurelhill Business ParkStirlingUnited KingdomFK7 9JQEmail: charles.broadfoot@scotent.co.ukTel: 01786 452115

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