Research and Development

Invest Northern Ireland Stakeholder Event

EU Investment for Growth and Jobs Programme

30th June 2015

Programme for Government 2011-2015

support £300 million investment by businesses in R&D, with at least 20% coming from Small and Medium sized Enterprises

Invest NI Objectives• We will drive market led innovation within our

business base, supporting research, product, process, market and organisational development, from the earliest stages to leading edge technologies.

• We will increase the wider economic returns from our support and encourage higher levels of collaboration and increased commercial outcomes from knowledge transfer and open innovation activities putting innovation at the core of enterprise in Northern Ireland.

Innovation Strategy for Northern Ireland 2014-2025

Northern Ireland Context

The ERDF element of Northern Ireland’s Operational Programme for the Investment for Growth and Jobs Programme 2014 to 2020 will focus on 3 Thematic Objectives:

1. Strengthening research, technological development and innovation

2. Enhancing the competitiveness of SMEs

3. Supporting the shift towards a low-carbon economy

Invest NI Activity

• €415M allocation of ERDF and match funding for the EUIGJ Programme 2014-2020, to support projects under the following schemes:Priority 1: Strengthening Research, Technological Development and Innovation

• Grant for Research and Development (to Business) • Design Development

Priority 2: Enhancing the Competitiveness of SMEs• Financial Instruments• SME support• Local Economic Development

BERD NI Results 2013

• Between 2008–13 BERD has increased by 162% (from £183.9m to £481.8m)

• SMERD accounted for 36% of BERD• The 10 biggest spenders accounted for 60%

of the BERD• R&D spend as a percentage of GVA 1.3%

compared to 1.2% for the UK

“Dunlop tyres, Ferguson tractors & Short Brothers planes are all pioneering examples of a great tradition that continues today”... David Cameron

1866

William Thomson (Lord Kelvin)

Pioneer of Modern Physics & Director of Atlantic Telegraph

1930

• Dr James Drumm• Creator of the

Rechargeable battery

1945

Sir James Martin

Inventor of the Modern Day Ejector Seat

http://www.aedexpert.co.uk/aed-defibrillator/all-aed-s/heartsine-defibrillator/heartsine-samaritan-300p.html

… and produces 40 per cent of the world’s mobile quarrying equipment? You might have thought it was Norway. Or perhaps America or Korea.

Statsports

Statsports

• Over 30 parameters are measured and calculated 100 times per second, meaning almost a quarter of a million numbers every minute can be analysed from a team of 11 football players.

• Parameters include – how far run; how fast; total distance; impact at scrum; heart rate; acceleration etc. – all at 100 times per second

• A manager can see if a player is running more heavily on one side or another (the dynamic stress load rises) – and that’s usually an indication an injury is being compensated for.

Or in training, over time, optimal ranges can be set – for sprinting speeds, heart rates, metabolic ratios etc – and then used to show if a player is over or underworking and needs to be told either way.

Rugby Football

“Brew beer with Brewbot, the world's smartest personal brewery”

August 2013Invest NI Grant for R&D support £50k (to develop prototype Brewbot)

October 2013Kick-starter, raised £114k (381 backers)

Pre-order sales in USA, Canada, Europe, Australia, South Africa & Taiwan

Joined Techstars Accelerator in USA

October 2014Raised $1.5 million seed-round funding(including Techstart NI)

Opened US Office, Austin, Texas

June 2015Opened first Brewbot pub, Belfast, NI

IncreasingKnowledge& Capability

IncreasingKnowledge& Capability

£

££

£££

££££

Access to New R&D Funding

InnovationVoucher

Design Services

KTP &Fusion

Grant for R&D

Collaborative R&D Support

Competence Centres

Increasing Collaboration and Open Innovation

INI Support for Industry R&D

Invest NI’s Principles of Intervention

Additionality

Mobility

Viability

Risk

Economic Efficiency

Specific Quantitative for R&D

Qualitative (Regional & wider economic

benefits)

Displacement

Grant for R&D – Eligible Costs* Salaries

Consultancy

Sub-contracting

Equipment Depreciation

Trials & Testing

Intellectual Property

Other:

- Materials

- Flights & Accommodation

* all must be vouched and approved expenditure

“Fundamental”

Categories of R&D&I

Experimental or theoretical work undertaken primarily to acquire new knowledge of underlying phenomena, without any direct practical application or use in prospect.

“Industrial”

“Experimental Development”

Up to 100%

Up to 50%

Up to 25%

Planned research to acquire new knowledge and skills to develop new (or significantly improve existing) products, processes or services (excluding prototypes).

Existing knowledge / skills used to plan / design new or improved products, processes or services

Aid Maxima

“Fundamental”

“Industrial”

“Experimental Development”

Up to 100%

Up to 70%

Up to 45%

“Industrial”+ Collaboration (15%)

“Experimental Development”+ Collaboration (15%)

Small (+20%) Medium (+10%) Large

Up to 100%

Up to 100%

Up to 80%

Up to 60%

Up to 60%

Up to 35%

Up to 75%

Up to 50%

Up to 50%

Up to 25%

Up to 65%

Up to 40%

Invest NI

Your Client Executive/Manager

Regional Office

Business Support Team0800 181 4422

www.investni.com

Research and Development

Companies who are innovative have seen their employment and sales grow twice as fast as their non-innovating competitors and they are also significantly more productive.