Tech City Launchpad 2: London and Cambridge - Internet of Things. Competition Overview and Application Process from Matt Sansam & Matthew Brown from Technology Strategy Board

1. Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things
Compe;;on
Briefing
21
July
2014
Ma#
Sansam
–
Lead
Technologist,
Digital

2. This
next
bit...
20
mins
The
Technology
Strategy
Board
IOT
Launchpad
Compe<<on
Overview
.
–
Ma#
Sansam
20
mins
What
is
a
Launchpad
Applica<on
Process
–
Ma#hew
Brown
20
mins
Q&A
session
Coffee
break

3. By
the
end
of
the
briefing
You
should,
with
confidence
and
knowledge,
be
able
to:
• Understand
the
scope
and
objec<ves
of
the
compe<<on
• Understand
the
compe<<on
process
and
criteria
• Understand
the
applica<on
requirements
• Be
clear
on
the
<melines
&
deadlines

5. We
accelerate
economic
growth
by
s<mula<ng
and
suppor<ng
business-­‐led
innova;on.
We
are
the
UK’s
innova;on
agency

6. More
specifically
• The
UK’s
Innova<on
Agency:
a
na<onal
body
set
up
in
2007
to
invest
in
business
innova<on
• Work
across
business,
universi<es
and
government
• Most
staff
come
from
business
backgrounds
• Have
a
budget
of
over
£400m/year
• £390m
for
2012/13
• £440m
for
2013/14

7. • Can
the
UK
do
it?
• Is
the
idea
‘ready’?
• Is
there
a
large
market
opportunity?
• Can
we
make
a
difference?
We
consider…

8. “How
can
we
help
UK
business
bring
new
ideas
and
technologies
more
quickly
to
market?”
Always
this
ques;on

9. How
we
s;mulate
innova;on
• We
enable
people
and
companies
to
collaborate
and
share
ideas
to
make
innova<on
happen
• We
break
down
barriers
to
innova<on
• We
help
business
understand
future
markets
and
innova<on
opportuni<es
• We
bring
together
partners
to
maximise
innova<on
investment
and
work
on
common
goals
• We
offer
funding
through
compe<<ons,
to
bridge
the
equity
gap
when
it
is
too
early
or
risky
for
other
investors

10. In
summary,
what
we
do…
• Help
strengthen
the
global
compe<<ve
posi<on
of
leading
businesses
• Iden<fy
and
grow
sectors
and
businesses
with
the
capacity
to
become
the
best
in
the
world
• Nurture
the
businesses
that
can
succeed
in
the
growth
sectors
of
tomorrow
Page10

11. A
big
agenda
• We
have
enabled
about
£3bn
of
investment
in
innova<on
(with
partner
and
business
contribu<ons).
• We
are
already
working
with
more
than
4,900
companies
of
all
sizes,
150
research
organisa<ons
including
110
UK
universi<es.
• Our
networks
have
over
80,000
members
• We
typically
run
around
80-­‐100
R&D
funding
compe<<ons
per
year
across
our
priority
themes.

12. The
returns
Every
£1
invested
returns:
• At
least
£3
for
feasibility
studies
• £9
for
Smart
awards
• Up
to
£35
for
some
areas
of
collabora<ve
CR&D

14. Collabora;ve
R&D
Smart
Launchpad
Entrepreneur
Missions
Innovation
Knowledge
Centres

16. For
more
informa;on...
compe;;ons@innovateuk.org
Compe;;on
Helpline:
0300
321
4357
www.innovateuk.org
_connect
Network:
hbps://ktn.innovateuk.org

17. Current
Digital
Investment
1
7
• Highways
Agency
SBRI:
Air
Quality
(opens
14/7)
• Environment
Agency
SBRI:
Water
Monitoring
(opens
28/7)
• Energy
Harves<ng
for
autonomous
vehicles
CR+D
(closes
25/9)
• Driverless
cars
CR+D
(opens
14/7)

18. Investment
Programme
cont’d
1
8
IC
tomorrow
-­‐
Innova;on
Contests
•
29th
July
Close
–
Entertainment
on
the
Move
(£100K)
•
1st
Sept
Open
–
Connected
Ci<es
(£200k)
•
Jan
2015
–
Wearable
Tech
•
Mar
2015
-­‐
Educa<on
IC
tomorrow
Events
•
23rd
July
–
Connected
Ci<es
Assembly
•
Oct
2014
–
TV
speed
networking

19. 0
1
9
What
is
the
TCUK
IOT
Launchpad?

20. What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?
It
is
a
compe<<on
aimed
at:
1.
Suppor<ng
innova<ve
IOT
businesses
through
grant
funding
of
projects
2.
Strengthening
a
growing
cluster
of
digital
businesses
in
the
Cambridge
and
London
region
3.
Accelera<ng
the
growth
and
development
of
a
cohort
of
businesses
through
a
range
of
support
ac<vi<es

21. 2
1
1. Suppor<ng
innova<ve
IOT
businesses
through
grant
funding
of
projects
We
will
fund
up
to
60%
of
eligible
costs
for
industrial
research
projects
with
individual
grants
of
up
to
£150k
and
esDmated
project
sizes
ranging
between
£50k
and
£250k.
We
will
look
at
applicaDons
for
projects
larger
than
£250k,
but
the
grant
funding
will
be
capped
at
£150k.
Projects
can
last
up
to
12
months
and
should
be
led
by
micro,
small
and
medium
companies
in
the
early
stages
of
their
development.
What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?

22. 2
2
2.
Strengthening
a
growing
cluster
of
IOT
businesses
in
the
Cambridge
and
London
region
We
are
focusing
on
the
exisDng
IOT
sector
in
the
region,
and
we
encourage
companies
within
it
to
apply.
The
compeDDon
is
open
to
companies
across
the
UK,
if
they
wish
to
carry
out
a
project
in
the
cluster.
What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?

23. 2
3
3.
Accelera<ng
the
growth
and
development
of
a
cohort
of
businesses
through
a
range
of
support
ac<vi<es
An
integral
part
of
Launchpad
is
the
offer
of
support
to
help
applicants
to
raise
addiDonal
new
external
finance
that
we
expect
will
be
needed
to
fully
fund
the
project
and
its
subsequent
commercialisaDon.
In
addiDon
to
receiving
project
funding,
successful
applicants
will
parDcipate
in
a
programme
of
business
support
and
growth
acDviDes
that
will
run
in
parallel
to
projects.
What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?

24. 2
4
Scope:
This
compeDDon
will
bring
together
innovaDve
digital
companies
in
London
and
Cambridge
and
aSract
others
to
parDcipate
in
new
IoT
projects.
We
will
offer
funding
for
innovaDve
industrial
research
projects,
aimed
at
the
acquisiDon
of
new
knowledge
and
skills
for
developing
new
IoT
projects,
processes
or
services,
or
at
projects
that
will
bring
about
significant
improvements
in
exisDng
IoT
products,
processes
or
services.
What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?

25. 2
5
The
compe<<on
is
open
to
all
UK
companies,
but
to
be
eligible
they
need
to
be
at
least
one
of
the
following:
• Based
in
the
Cambridge
/
London
IoT
cluster
• Moving
to
the
clusters
• StarDng
up
in
the
clusters
• Working
collaboraDvely
with
a
company
within
the
cluster
• ConsorDa
containing
companies
from
both
Cambridge
&
London
are
acDvely
encouraged.
What
is
the
Tech
City
Launchpad
2:
London
and
Cambridge
–
Internet
of
Things?

26. Key
Dates
Opened
16th
June
2014
Briefing
event
–
Cambridge
8th
July
2014
Briefing
event
–
London
21st
July
2014
Deadline
for
Video
submissions
3rd
September
2014
2nd
stage
opens
22nd
September
2014
2nd
Stage
briefing
event
24th
September
2014
Deadline
for
WriSen
Submissions
23rd
October
2014
Pitch
Sessions
19th
November
2014

27. 0
2
7
What
is
a
Launchpad?
Mabhew
Brown
–
Lead
Technologist,
Crea<ve
Industries

28. Enabling
young
and
early
stage
SMEs
with
significant
growth
ambi<on
by
being
part
of
a
developing
cluster:
• Innova<on
through
R&D
project
funding
• Business
support
including
coaching
&
mentoring
• A#rac<ng
new
investment
Easy
to
apply
(2
minute
video)
and
open
to
SMEs
that:
• Are
in
the
cluster
• Plan
to
start
up
in
the
cluster
• Move
into
the
cluster
• Collaborate
with
a
company
already
in
the
cluster
S;mula;ng
Cluster
Growth

29. Structured
package
of
support
• Assessment
of
your
needs
• Engagement
with
local
partners
• Delivery
of
business
support
package
– Workshops,
training,
coaching
– One-­‐to-­‐one
and
group
sessions
• Delivery
of
investment
support
package
– Investment
readiness
– Pitch
prepara<on
• Investment
Showcase
event

30. • Tech
City
Launchpad
1:
£1.25m
grants
for
13
companies
–
all
projects
complete
• Space
Launchpad
Harwell:
£1m
grants
for
11
companies
• Digital
and
Crea;ve
Clyde:
£620k
grants
for
11
companies
• Materials
&
Manufacturing
North
West:
£1.5m
grants
for
18
companies
Launchpad
Compe;;ons
–
2011/12
&
2012/13

31. • Motorsport
Valley
(£1m
budget)
• Opened
24th
June
2013
• 11
projects,
£1.14m
grant
offers
• Greater
Manchester
Crea;ve
&
Digital
(£1m
budget)
• Opened
4th
November
2013
• 10
projects,
£700k
grant
offers
• Severn
Valley
Cyber
(£0.5m
budget)
• Opened
25th
November
2013
• 7
projects,
£387k
grants)
Launchpad
Compe;;ons
–
2013/14

32. • Tech
City
2
–
London
&
Cambridge
IoT
(£1m
budget,
opened
16th
June
2014)
• Harwell
Space
2
(£1m
budget,
opened
30th
June
2014)
• Wales
Healthcare
Technologies
(£1m
budget,
opens
October
2014)
• North
East
Process
Industries
(£1m
budget,
opens
October
2014)
• Digital
cluster
tbc
(£1m
budget,
opens
March
2015)
Launchpad
Compe;;ons
–
2014/15

33. Application process

34. Compe;;on
eligibility
Tech
City
Launchpad
2
Type
of
Compe<<on
Three
stage
Project
composi<on
Single
or
Collabora<ve
(SMEs)
Funding
available
Up
to
£1.0m
Project
Size
£50k
-­‐
£250k
Research
Category
(grant
funding
as
%
of
eligible
costs
for
business)
Industrial
Research
-­‐
up
to
60%
of
eligible
project
costs
An<cipated
Project
length
Up
to
12
months
Applica<on
Process
First
stage
-­‐
Video
(plus
a
short
online
form)
Second
stage
-­‐
10
Ques<on
applica<on
form
Third
stage
–
Pitching
session

35. Research
Category
Industrial
Research
(60%)
This
means
the
planned
research
or
cri<cal
inves<ga<on
aimed
at
the
acquisi;on
of
new
knowledge
and
skills
for
developing
new
products,
processes
or
services
or
for
bringing
about
a
significant
improvement
in
exis;ng
products,
processes
or
services.
It
comprises
the
crea<on
of
component
parts
to
complex
systems,
which
is
necessary
for
the
industrial
research,
notably
for
generic
technology
valida<on,
to
the
exclusion
of
prototypes.

36. Video Submission
Stage 1
Full Stage Application
Stage 2
Assessment
Launchpad application process
Assessment
Stage 1: Register on _connect
Upload 2min video and complete
Short online form.
Stage
2:
For
invited
Applicants
only
Complete
10
ques<on
wri#en
Applica<on,
plus
appendices
Applica;on
Process
Stage
3:
For
invited
Applicants
only
Presenta<on
of
ideas
to
panel
of
experts
Pitching Session
Stage 3

37. Guidance
for
Applicants
Generic
Competition
Guidance for
Applicants
Specific
Competition
Guidance for
Applicants
Register on
_connect and
apply for the
competition

38. 1. Your details – online form

39. 2. Upload Video (& Project Summary)
Project Summary
1000 characters

40. 3. Project Costs
Costs details
Labour costs
Overheads
Materials
Capital usage
Subcontract costs
Travel & subsistence
Other
For details on eligible project costs please see:
http://www.innovateuk.org/competitions/guidance-for-applicants/project-costs.ashx

41. 4. Agreements

42. Save your application as a PDF?

43. Key
Dates
Opened
16th
June
2014
Briefing
event
–
Cambridge
8th
July
2014
Briefing
event
–
London
21st
July
2014
Deadline
for
Video
submissions
3rd
September
2014
2nd
stage
opens
22nd
September
2014
2nd
Stage
briefing
event
24th
September
2014
Deadline
for
WriSen
Submissions
23rd
October
2014
Pitch
Sessions
19th
November
2014

44. For
more
informa;on...
compe;;ons@innovateuk.org
Compe;;on
Helpline:
0300
321
4357
www.innovateuk.org
_connect
Network:
hbps://ktn.innovateuk.org

45. Questions?

46. Funding
• Funding
rules
– Types
of
organisa<on
• Business
– Collabora<ve
projects
• Defini<on
of
collabora<on
• Levels
of
par<cipa<on
• Minimum
grant
• Funding
criteria
for
this
compe<<on

47. Types
of
Organisa;on
• Business – SME’s only
• Defined by the EU definition found in the general
guidance for applicants or
http://ec.europa.eu/enterprise/policies/sme/facts-figures-
analysis/sme-definition/index_en.htm

48. Grant
dependent
upon
type
of
research
and
type
of
par;cipant
Organisa;on
/
Type
of
Ac;vity
Industrial
Research
Notes
Business
(economic
ac<vity)
SME
–
60%
Grant
%
applies
to
each
individual
partners
costs
in
the
consor<um
and
is
not
a
%
cap
for
the
total
project
costs

49. What
is
collabora;on?
In
all
collabora<ve
projects
there
must
be:
• at
least
two
collaborators
• evidence
of
effec;ve
collabora;on
(see
guidance)
– Typically
this
would
mean
that
no
one
partner
would
be
taking
more
than
70%
of
the
eligible
costs,
and
we
would
expect
to
see
the
structure
and
raDonale
of
the
collaboraDon
described
in
the
applicaDon.

50. Minimum
Grant
Changes
If
partner
wishes
to
collaborate
but
does
not
wish
to
claim
a
grant:
• role
and
work
should
be
in
applica<on
as
for
all
other
partners
• partner
name
and
total
costs
(contribu<on
to
the
project)
must
be
included
in
the
finance
summary
table.
– Enter
zero
grant
requested
in
finance
summary
table
• no
partner
finance
form
required
• not
be
named
in
the
offer
le#er
if
your
project
is
successful

51. Worked
example
–
£85k
total
cost
project:
Project
costs
involving
2
partners:
Total
Funding
Limits
Total
eligible
project
cost
Maximum
%
of
eligible
costs
which
may
be
claimed
as
grant
TSB
Grant
Project
contribu;on
Business
(SME)
£65,000
60%
£39,000
£26,000
Business
(SME)
£20,000*
60%
£12,000
£8,000
Total
£85,000
-­‐
£51,000
£34,000

52. Eligible
Project
Costs
(applicants/non-­‐academic
partners)
ü Labour
Costs
ü Overheads
ü Materials
ü Capital
Equipment
Usage
ü Sub-­‐Contracts
ü Travel
&
Subsistence
ü Other
Costs
– Other
eligible
direct
costs
not
included
in
the
above
headings
ü Contribu<ons
in
kind
ü IP
filing
costs
up
to
£5,000
(SME
only)

53. Ineligible Project Costs
Χ Input
or
Output
VAT
Χ Interest
charges,
bad
debts,
profits,
adver<sing,
entertainment
Χ Hire
purchase
interest
and
associated
service
charges
Χ Profit
earned
by
a
subsidiary
or
by
an
associate
undertaking
work
sub-­‐contracted
out
under
the
project
Χ Infla<on
and
con<ngency
allowances
Χ The
value
of
exis<ng
assets
such
as
IPR,
data,
sorware
and
other
exploitable
assets
that
are
contributed
to
the
project
by
any
collaborator
Χ Independent
Accountant’s
Report
Fees

54. Eligible Overheads
ü Indirect
labour
costs
– Board
&
senior
management
–
the
percentage
of
their
<me
where
they
are
involved
in
your
projects
but
are
not
included
as
individuals
in
the
direct
labour
costs
– Admin
and
support
staff
–
where
not
included
in
direct
labour
costs
ü Recruitment
costs
ü General
supplies
and
IT
–
not
linked
to
produc<on
or
service
delivery
ü Corporate
fees
and
expenses
–
IPR
maintenance,
insurance,
photocopying
ü Site
expenses
–
building
rental,
taxes,
security
and
cleaning
ü U;li;es
–
careful
not
to
include
produc<on
equipment
energy
or
supply
costs

55. Ineligible Overheads
Χ Produc;on
or
service
delivery
costs
–
any
costs
associated
with
the
way
in
which
the
company
makes
its
money.
This
would
include
all
items
used
to
calculate
gross
margin
and
cost
of
sale.
Χ Marke;ng
and
sales
costs
–
these
again
count
in
the
cost
of
sales
Χ Non-­‐bookable
R&D
;me
–
non
produc<ve
<me
or
non-­‐chargeable
<me
of
technical
or
support
personnel
Χ Entertainment
and
hospitality
Χ New
IP
protec;on
costs
Χ Any
headings
that
are
being
charged
for
directly
within
the
project
–
such
as
training,
T&S

56. Submitting your application
& the way forward

57. The application submission process
Lead applicant is notified by email3
Stage 1
Notification
Complete online form on _Connect and upload your 2
min video.
2
Upload your
Video
Access Assessor feedback4
FEEDBACK
received
Successful applicants are sent a secure User-ID and
password to access Competitions System
5
PROCEED to
STAGE 2
Lead applicant is notified by email7
NOTIFICATION
received
Allow plenty of time to upload your completed
documents (application form, finance form &
appendices
6
UPLOAD
documents
1 REGISTER Register on _Connect

58. Issued for both successful and unsuccessful applicants
Word
document
Uploaded
to
your
secure
area
Not
issued
via
email
4
FEEDBACK
received

59. Technology Strategy Board Successful Applicant
The Project may not start until the organisation has received and
returned signed acceptance of the Grant Confirmation Letter
Conditional offer
letters will be
issued 3 – 4 weeks
after notification
Return documents
stated in
conditional offer
letter
Submit financial
forecast and
detailed project
plan
Financial cost
review and viability
checks
Issue Grant
Confirmation Letter
Sign & return Grant
Confirmation Letter
with project start
date

60. • Project lead organisation
• Total grant amount
• Project title
• Terms & Conditions of offer
• Payment terms
• Changes affecting the
Project
• Publicity
• State Aid Obligations
• Role of the Lead and project
management
• Confidentiality and Intellectual
Property
• Exploitation
• Acceptance of Offer
• Dispute Resolution
Conditional Offer Letter

61. • To be returned within the deadlines stated within the
offer letter
• Original agreement signed by all participants
• Key Features:
– Who is in the Consortium?
– What are the aims, and how is the work divided up?
– Ownership of IPR
– Management of consortium
Note: Negotiating a Collaboration Agreement can be complex and time consuming. Start
work on this at an early stage in the process, ideally before submitting your full
application.
Collaboration Agreement

62. • Requirement for successful projects
• Expectation that each partner has one representative to
attend the workshop
• Outlines process requirements (how to raise a claim etc)
• Opportunity to meet your Monitoring Officer
New Projects Workshop

63. Grant Claims & Payments
• All grants are claimable in arrears
• Claims can only be made for costs incurred and paid between the
project start and end dates
• Claims may be subject to an independent audit according to grant
size
• Claims are only paid once quarterly reporting and necessary audits
are complete
• Projects are monitored according to project size – on a regular
basis for CR&D including a visit from the appointed Monitoring
Officer
• The monitoring will be carried out against a detailed project plan and
financial forecast

64. Questions?