Driving Innovation
Biomedical Catalyst
Dr Helen Kuhlman
Lead Technologist, Medicines & Healthcare
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For more information...
[email protected]
Competition Helpline: 0300 321 4357
www.innovateuk.org
_connect Network: https://ktn.innovateuk.org
• Joint Technology Strategy Board and Medical Research Council
programme investing £180m over 3 years
• Deliver growth to the UK life sciences sector through supporting and
driving the development of innovative life sciences products and
services
• Supporting both academically- and commercially-led research and
development and encouraging partnership between clinicians,
academics and industry
• Moving innovative life sciences products and services quicker and
more effectively to commercialisation – and ultimately healthcare
impact
What do we want to achieve?
• Create a more competitive Life Sciences sector in the UK;
• Accelerate new products and services onto the market which will
have a positive impact on the health of our society;
• Lever in significant private investment;
• Create new employment opportunities;
• Create better synergies and sustained collaborative relationships
between the business community and the clinical and academic
communities;
• Increase the amount of R&D investment in the UK;
Late Stage Award
(DCS)
Early Stage Award
(DPFS)
Feasibility Award/CIC
Feasibility Award/CIC
Prevention
Health
Cure
Management
Outcomes
Detection
Diagnosis
Scope
Providing Solutions to Healthcare
Challenges, economic growth
Any Sector
Any Discipline
NOT blue skies NOT marketing
Eligibility
SME’s and Academics
Individually
Collaboratively
NOT large business
Business or Academic Led Application?
Technology Strategy Board
http://www.innovateuk.org/content/competition/biomedical-catalyst.ashx
Medical Research Council
http://www.mrc.ac.uk/Ourresearch/ResearchInitiatives/Translationalresearch/index
.htm#P24_1233
Business Led Applications
Status
• The Technology Strategy Board was set up in 2007 to support
UK economic growth
• To do so, we look at the challenges that offer market
opportunities, where the UK has real capability and where the
timing is right
• We work with communities and other organisations to find the
right form of support to give companies working in these
areas
In 4 years....
Over 2000 CR&D projects launched
4000 business partnerships and almost all the UK’s universities
Together with partners and business, over £2bn invested in UK innovation
2014/15
Sustainability
Food
Supply
Transport
Healthcare
High Value Manufacturing
Digital Services
Advanced Materials
Biosciences
Electronics, Photonics
and Electrical Systems
Knowledge Transfer Networks
Knowledge Transfer Partnerships
SMART
Information and
Communications
Technology
Development
Energy
Built
Environ
ment
Catapults
(High Value
Manufacturing)
(Cell Therapy)
(Offshore Renewable
Energy)
(Satellite Applications)
(Connected Digital
Economy)
Knowledge Transfer Networks
https://connect.innovateuk.org/web/healthktn
£109 billion spent on
health care in the UK
in 2006/07
69% of the total health
and care spend in
England is associated
with Long Term
Conditions...
Source: Department of Health (2011)
£34 billion
spent on the
over 65s
Photograph by Giulio Mazzarini for the Design Council
Source: 2010 report to Ofcom by Plum Consulting
(Assisted living technologies for older and disabled people in 2030)
Healthcare
Future Health Mission 2012
• 20 UK Health Technology SME’s
• Boston trade mission
• Investor, supply chain partner and customer
meetings
• Accelerate your growth potential stateside
• Opens today!
www.futurehealthmission.com
http://www.innovateuk.org/content/comp
etition/biomedical-catalyst.ashx
Feasibility award
 evidence gathering to inform decision
making
 explore and evaluate the commercial
potential of an early-stage scientific idea,
originating from either academic or
industrial research
 perform small scale experimental studies,
test the market opportunity, identify and
develop the route for exploitation
Key features:
3 to 12 months
Max grant £150k
Funded at 75%
Single stage process
What it’s not!
Feasibility awards will not support
development activities such as
prototyping and are not aimed at
supporting small-scale R&D projects
where there is no further research and
development planned after the end of the
project.
Early-stage award
Proof of concept in model system
Late-stage award
Demonstrate effectiveness in a relevant
environment
2 stage process
Late –stage award
applicants face interview
panel
Key features:
1 to 3 years
Max grant per individual £2.4m
Min project size is £250k
SME’s funded at up to 60%
Assessments 3 times a year
Dates!
Max 1 application per
category per round
Read the guidance
On demand briefing information:
http://t.co/wjKOluHw
Questions?
Application Process
Application Process
Single Stage (Feasibility)
2 stage (Early & Late Stage)
Single Stage
Expression of Interest (EOI) Stage
Assessment
& Panel
Assessment
Full Stage
Assessment
& Panel
Application Assessment
All applications are assessed
by independent reviewers
drawn from industry and
academia
What do they look for?
•
•
•
•
Clear and concise answers
The right amount of information
•
not too much detail
•
no assumptions
Quantification and justification
That the applicant has the right
people with the right bright idea
and the means to exploit its
potential
The “Ideal Project”
• A clear commercial opportunity to open up or exploit a
significant growth market.
• A technical challenge that requires the creation of an
industrially driven project and innovative and risky
research and development to solve.
• A realistic project with deliverables and applications
that are innovative, commercially exploitable and of
wider benefit.
• A demonstrable need for support.
Gateway Question: Scope
How well does the project fit the competition?
Key Points:
• “must align”
• “clear majority of the
projects objectives
and activities”
Don’t write yourself
out of scope...!
Application Form
Feasibility Studies
BMC Feasibility Studies
Questions 1- 6
Scored out of
Question 1
The Idea
30
Question 2
The Work Plan
20
Question 3
The People
Question 4 The Deliverable
15
15
Question 5
The Business
10
Question 6
Project Costs and Added Value
10
Plus appendices
Finance Summary Table
Finance Summary Table (continued)
1
2
3
4
5
6
7
8
Organisation name
Organisation
registration Number
Enterprise Category
Postcode
Contribution to project by
each organisation
(£)
Funding sought from the
Technology Programme
(£)
Other funding from public
sector bodies
(£)
Total
(£)
Lead org.
0
0
0
0
Partner 1
0
0
0
0
Partner 2
0
0
0
0
Partner 3
0
0
0
0
Partner 4
0
0
0
0
Partner 5
0
0
0
0
Partner 6
0
0
0
0
Partner 7
Partner 8
Partner 9
Partner 10
Partner 11
Partner 12
Partner 13
Partner 14
Partner 15
Partner 16
Partner 17
Partner 18
Partner 19
Partner 20
Project Cost Summary
(for each project participant)
1. Organisation name
2. Organisation Registration Number
3. Enterprise Category
4. Postcode
5. Contribution to project by each organisation
6. Funding sought from the Technology Strategy
Board
7. Other Funding from public sector bodies
8. Total
Total (£)
Same for Feasibility and Early & Late Stage EOI
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Application Form
Early & Late Stage (two stages)
Section 1:
The Business Proposition
Question 1
What is the business opportunity that this project
addresses?
Question 2
What is the size of the market opportunity that this
project might open up?
Question 3
How will the results of the project be exploited and
disseminated?
Question 4
What economic, social and environmental benefits are
the project expected to deliver to those inside and
outside of the consortium and over what timescale?
All questions are equally weighted (10 marks per question)
Section 2:
The Project Details
Question 5
What technical approach will be adopted and how will
the project be managed?
Question 6
What is innovative about the project?
Question 7
What are the risks (technical, commercial and
environmental) to project success? What is the
project’s risk management strategy?
Question 8
Does the project team have the right skills and
experience and access to facilities to deliver the
intended benefits?
All questions are equally weighted (10 marks per question)
Section 3:
Funding and Added Value
Question 9
Question 10
What is the financial commitment required for
the project?
How does the financial support from the
Technology Strategy Board and its funding
partners add value?
All questions are equally weighted (10 marks per question)
Appendices – Early & Late Stage
•
Full Stage applications only
•
These should be used to add justification, graphs, pictures etc to support
your application
•
They are not a continuation of the application form
•
Do not use web references
Appendix
Guidance
Appendix A
Maximum length:
Up to 7 sides of A4
This should be used to provide additional information to address Section 1
of the application form: The Business Proposition. The applicant may wish
to include graphics describing the nature of the problem, market dynamics
and/or exploitation plans.
This should be used to provide supporting information to address Section 2
of the application form: The Project Details. For example, a Gantt chart,
risk analysis table, project management structure and/or details of
evidence for innovation.
A Gantt Chart is Mandatory
Appendix B
Maximum length:
Up to 7 sides of A4
Appendix C
Maximum length:
½ side of A4 for each partner and subcontractor
Appendix D
Maximum length: Up to 8 sides of A4
This should be used to provide details of the specific expertise and track
record of each consortium partner and each subcontractor to address
Question 8 of the application form. Academic collaborators may wish to
refer to their research standing.
The Lead Applicant should provide a Business Plan
Final Question for Assessors
Recommendation
Recommended Would you recommend this project for funding and if
not why not?
Top Tips
• Answer the question fully and use all the space available
• Number your sections & questions
• Check your application for quality of presentation – make
the best impression on the assessors
• Use capitals when correct to do so but not to draw
attention to your case – reviewers do not like it
• Quantified means put some numbers in
• Avoid clichés – “Holy Grail” or “Market is massive”
• Don’t leave your submission until the deadline
• Please refer to the Guidance for Applicants
Funding Criteria: Feasibility
• Individual or Collaborative... UK business-led
• Total eligible project costs funded at 75%
• Consortium members (within overall project funding
levels)
• Industrial (SME)
• Academic
up to 60%
100% (of 80% FEC)
Funding Criteria: Early & Late
• Individual or Collaborative... UK business-led
• Individual entity intervention rather than project
• SME’s are funded @ up to 60% of their eligible
project costs
• Academics are funded at 100% of 80%FEC
• HOWEVER; the academic portion may not exceed
50% total eligible project costs (collaborations)
Eligible Costs (Industry Partners)
• Labour Costs
• Overheads
• Materials
• New Capital Equipment
• Existing Capital Equipment Depreciation
• Sub-Contracts
• Travel & Subsistence
• Other Costs
– Other eligible direct costs not included in the above headings
• Contributions in kind
– IP filing costs up to £5,000 (SME only)
Ineligible Project Costs (Industry Partners)
• Input or Output VAT
• Interest charges, bad debts, profits, advertising, entertainment
• Hire purchase interest and associated service charges
• Profit earned by a subsidiary or by an associate undertaking
work sub-contracted out under the project
• Inflation and contingency allowances
• The value of existing assets such as IPR, data, software and
other exploitable assets that are contributed to the project by
any collaborator
• Project Audit Fees
What happens if I'm successful?
Timelines & Offer Letter
• Conditional offer letters will be issued approximately 3
weeks after notification.
• We will require the return of various documents within
the timescales stated on the offer letter to validate the
grant offer sent
• Financial project cost review and viability checks
undertaken
• Financial forecast and detailed project plan required
• The Project may not start until the organisation has
received and returned signed acceptance of the Grant
Confirmation Letter
The Collaboration Agreement
Preparation
Negotiating a Collaboration Agreement can be
complex and time consuming. Applicants for
Technology Strategy Board funding should
therefore start work on this at an early stage in
the process, ideally before submitting their full
applications
New Projects Workshop
• 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
Grant Claims & Payments
• All grants are claimable quarterly in arrears
• Claims can only be made for costs incurred and defrayed (amounts
actually paid, may include partial payments) between the project
start and end dates
• All claims will be subject to an independent audit (including all
academic partners)
• In most cases audits are required with the first and last claim
• Claims are only paid once quarterly reporting and necessary audits
are complete
• All projects are monitored on a quarterly basis including a visit
from the appointed Monitoring Officer
• The monitoring will be carried out against a detailed project plan
Key Dates – For Round 2
Timeline Summary
Feasibility Studies
Early & Late Stage
Competition opens
28th June 2012
28th June 2012
Final date for Registration
Noon 24th October 2012
Noon 24th October 2012
Submission of First Stage
Noon 31st October 2012
Noon 31st October 2012
Decision provided by Technology Strategy
Board
End of business 30th
November
18th November
Stage 2 opens (for invited applications)
N/A
25th November
Feedback to applicants
End of business 22nd
December
25th November
Full Stage Briefing Webinar (invited
applicants only)
N/A
26th November
Submission of Full Application –
including Je-S submission, finance
forms & appendices
Noon 9th January 2013
Interview Stage (Late Stage Awards only)
TBA
Decision to applicants
End February 2013
Update round 1
• Feasibility = 45
• Early Stage = 50
• Late Stage = 30
• Total grant request approx £100million
• 1/3rd projects collaborative
email: [email protected]
mobile: +44 7748 328234
twitter: @HelenKuhlman
[email protected]
Competition Helpline: 0300 321 4357
Get involved
•Follow us on twitter @innovate_uk or join the conversation using
#BMC
•Find innovators on _connect https:// https://connect.innovateuk.org
•Visit www.innovateuk.org