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Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Innovation Landscape
Who’s who & What’s what?
Dr Vicky Kell
Director of Innovation, Research & Development
Companies who are innovating are twice as likely to be growing
(ITI Business Monitor)
Companies who invest in innovation demonstrate greater job
growth, employed better qualified people and are more likely to
export (NESTA)
Companies who collaborate on innovation are more productive
than those that do not (OECD)
Investments in innovation are responsible for 2/3 of UK
productivity growth (NESTA)
Importance of Innovation
What is Innovation?
The process that transforms your ideas into
commercial value.
It requires the execution of your ideas which address
specific challenges and achieve significant value
creation for both your business and your customers.
What is R&D?
• Research and Development plays a critical role
in the innovation process
• An investment in technology and future
capabilities which is transformed into new
products, processes, and services
SO INNOVATION AND R&D IS IMPORTANT
HOW IS NORTHERN IRELAND DOING?
Strategic Policy
Life & Health Sciences Sector in Northern Ireland
Employment 8,400
LHS average salary well above
the private sector median
2% of private sector employment in
NI
2014 Turnover
£950m
80% in Pharma
10% in Medical Devices
10% Health & Wellbeing
LHS Sector accounts for
13% of NI Exports
65% of all LHS revenue is exports
Exports growing at 10% per annum
NI companies exporting to over 140
countries
170 Companies
Research Infrastructure
1000+ researchers in Centres of Excellence
HERD LHS Funding - £175m
16,000 Students studying LHS subjects
4,000 LHS Graduate per annum
Academics
NI Health Services
66,000 employees
Budget - £4.8bn
R&D Spend - £15m
Health
Life & Health Sciences Sector in Northern Ireland
Growth over 3 years
Sector
Turnover
up 24%
Sector
Employment
up 21%
Industry
R&D Spend
up 90%
Sector
Exports
up 19%
Delivering Economic Benefits for Northern Ireland
Government Industry
Health Academia
Invest NI
Other
Government
Departments
HSC
5 Local Trusts
Acute Hospitals
Almac
Randox
Philips
Exploristics
Queen’s
University
Ulster
University
Life &
Health
Science
Delivering Economic Benefits for Northern Ireland
Government Industry
Health Academia
Invest NI
Other
Government
Departments
HSC
5 Local Trusts
Acute Hospitals
Almac
Randox
Philips
Exploristics
Queen’s
University
Ulster
University
Life &
Health
Science
Innovation Support Ecosystem
EUROPE NATIONAL LOCAL
Horizon
2020/
Enterprise
Europe
Network
EU
Structural
Funds
UKRI
Research
Councils
+
Innovate UK;
KTP, SBRI,
CRD, Catalysts,
Catapults
Government Departments
(DEL / DETI / DHSSPS /
DARD / DCAL)
Invest NI
Local
Authorities
HE / FE
Other
Support
Orgs*
Public
Research
Institutes
BEIS
* Includes InterTradeIreland, NISP, MATRIX, Private Sector etc
Patent Box
R&D Tax
Credits
A bit more about the “players” & support
Innovation Vouchers
Technical Advisory Unit (TAU)
Design
Proof of Concept
KTP (in conjunction with KTN)
Grant for R&D
Competence Centres
Accelerator
NI Business Information
Access to Finance
Business Information Centre
QUB - Research and Enterprise
UU - Northern Ireland Centre for Stratified Medicine
UU - The Intelligent Systems Research Centre
UU - The Nanotechnology and Integrated Bio-Engineering
Centre
HSC Research and Development
North West Regional College
Catalyst Inc
Enterprise Europe Network
Innovate UK
Invest NI’s role
• Delivery body for economic development
• Offering financial, capability development
and advisory solutions.
• 22 international locations across Europe,
Asia-Pac, IMEA and Americas. 5 offices in
Northern Ireland
• Dedicated sector focused Client Teams
• Specialists in a wide range of business
disciplines
Delivering Success
Invest NI Commitment
• Strategic Priority
• Joined up approach
• Build on proven expertise
• Encourage collaboration
• Exploit International links
Innovation
Vouchers
• A voucher is worth up to £5000 and is used by SMEs to allow them to
work with a Knowledge Provider
• Businesses may have a maximum of 3 vouchers for different projects,
but only one voucher at a time
• 4 open calls for applications per year
TAU & TDI support – advice & financial
• Investigating new technologies or processes
• Product & process problem resolution
• Product approvals e.g. VCA; TuV; UL; CE Marking
• Product/process improvement
• Management systems e.g. ISO9001; ISO27001; BRC;
• Intellectual Property e.g. Patents; Trademarks; licensing
agreements
Current Sector R&D Focus
Medical DevicesOncology
Imaging/Pathology
Diagnostics
Diabetes
Clinical Trials
Neurodegenerative
Diseases
Infectious Diseases
Innovation Advisors (New to R&D)
 3 advisors for Grant for R&D;
 Ciaran Mc Cartan
(Health, Life Sciences & Food)
 Richard Pelan
(Engineering/ICT)
 Robin Humphreys
(ICT/General enquiries)
Project Definition
 Help plan and define the project. This can include:
 A scientific and/or technical literature review
 Defining the market opportunity
 Defining the technical objectives and risks
 Defining the costs of the R&D and understanding the financial implications
 Determining the potential benefits
 Funding capped at £30k (£15k for applying to IUK/H2020) of grant and a guidance of 5-10% of main
R&D project costs
 £24 hour labour rates
 First region to get EU Commission approval
 The actual employee(s) labour rate is vouched
Grant for R&D
 Funding for Invest NI clients and potential clients
 Support for technically risky projects
 Ideas must be exploitable
 Support for future work - not retrospective
 Needs match funding
 Support is discretionary - subject to Invest NI decision
Aspects of Successful Applications
Project
 Level of Innovation
 Technical Risk and R&D Challenge
 Potential to create IP
 Exploitation Potential
 Company & Economic Benefit
Company / Applicant
 Management Ability & Staff Expertise
 Additionality
 Viability
 Track Record
Competence Centres
Collaborative, strategic research, led by industry and resourced by qualified
researchers
 Higher-risk, longer-term research with funding typically 5 years
 Stimulate CRD and contribute to the “market focussed technology innovation
communities”
CASE, Connected Health, NIACE (Advanced composites) and Agri-Food
Targeting External Funding
Enterprises that participate in National & EU projects:
 Increase their R&D and innovation capability by tapping into a broader knowledge base
 Gain access to national/international networks
 Faster access to new markets and customers
 Have access to qualified staff
 Increase their reputation and visibility on a national/EU level
 Receive attractive rates of funding - Horizon 2020 – up to 100% direct costs/25% overheads
Innovate UK
Direct UK Government Funding
 Usually Collaborative
 Mix of theme driven and open call opportunities
 Knowledge Transfer Networks
 Generous support rates
 Competitive
Horizon 2020
Biggest EU Research and Innovation programme ever with nearly €80 billion of
funding available over seven years (2014-2020).
Horizon 2020 is the financial instrument implementing the Innovation Union, a
Europe 2020 flagship initiative aimed at securing Europe's global competitiveness
Invest NI is a UK NCP for SMEs and can provide support for applications to the
SME instrument and Fast Track to Innovation
Queen’s University Belfast
Ulster University
Ulster University
Queen’s University Belfast
Ulster University
Ulster University
Queen’s University Belfast
Queen’s University Belfast & Ulster University & NISRA
Ulster University
A bit more about the “players” & support
Innovation Vouchers
Technical Advisory Unit (TAU)
Design
Proof of Concept
KTP (in conjunction with KTN)
Grant for R&D
Competence Centres
Accelerator
NI Business Information
Access to Finance
Business Information Centre
QUB - Research and Enterprise
UU - Northern Ireland Centre for Stratified Medicine
UU - The Intelligent Systems Research Centre
UU - The Nanotechnology and Integrated Bio-Engineering
Centre
HSC Research and Development
North West Regional College
Catalyst Inc
Enterprise Europe Network
Innovate UK
• Aimed at proving the product and/or market.
• Concept Grants: Quarterly call for up to £10k grants to accelerate
product/solution validation and early prototype developments.
• Concept Plus Grants: Bi-annual call for up to £25k grants for
prototype/product refinement and further customer development.
• https://www.techstartni.com/grants
Proof of Concept – Techstart NI
NIBUSINESSINFO.CO.UK - R&D Diagnostic
Northern Ireland Research Success
Today you will
understand your support
options
Use the experts here to
help you continue your
journey!
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Aiden Flynn
Exploristics
Grainne McVeigh
Invest NI
How R&D support helped my business
Aiden Flynn
Exploristics
Grainne McVeigh
Invest NI
How R&D support helped my business
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Joel Ferguson
Knowledge Transfer Network
Knowledge Transfer
Partnerships
KTP
Joel Ferguson
Senior KT Adviser (NI)
What are Knowledge Transfer Partnerships?
1. Partner with an academic team
2. Employ a recent graduate
3. Deliver an innovative, strategically important product/process
4. KTP Programme running more than 40 years
5. More than 60 active Partnerships in NI (800+ across UK)
6. NI consistently the UK’s top performing region
More competitive, wealth
creating business
Well developed
‘manager of future’Impact Research,
Teaching, Papers,
Placements etc Transfer &
‘embedding’
of knowledge
Vital Knowledge
Support partnership fully
University/College
Significant Academic Benefit
Support Company, Project and Graduate
Transfer Knowledge and Capability
Business
Deliver Innovative Product/Process
Embed New Capability
Support and Develop Graduate
Associate (Graduate)
Stretch and Develop
Deliver project
Embed New Capability
Company Based Project
Innovative
Strategically Important
Company Missing Vital Knowledge
Knowledge Not Widely Available
Challenge and Reward for All 3 Partners
KTP Essential Features
More competitive, wealth
creating business
Support partnerships fully
Impact research teaching,
papers, placements etc
Vital knowledge
Transfer and
‘embedding’ of knowledge
Well developed manager of the
future
KTP Features
1. Projects can be 12 to 36-months in duration, typically 24 to 36-months
2. Academic team provide knowledge, expertise and facilities
3. Academic input, typically 0.5 days per week
4. Graduate and project based in company
5. More than 60% of graduates are retained by companies
James Leckey Design Limited: Design and manufacture a range
of support devices for disabled children.
Project One: To embed the skills and knowledge necessary to
successfully integrate existing and emerging technologies into new
Leckey products and understand how data gathered can be used to
provide evidence for clinical practice within paediatrics.
Project Two: To develop an application of motivational learning
design methodologies to enhance and support customers in using
products for home therapy.
Case Study
iHelpr
The Knowledge Transfer Partnership between Inspire Workplaces and Ulster University has lead to
the development of iHelpr.
The iHelpr chatbot is embedded into a web based support hub. The user is guided through validated self-
assessments on topics such as stress, sleep and anxiety. Depending on the users score, they are directed
to the most appropriate self help resource within the support hub or towards face to face services, such as
counselling services or seeing their GP.
Case Study
Inspire Workplaces: A social enterprise that supports mental health in the workplace.
Total Cost
1. Graduate Salary (Pay £18-36k pa) £27 - £45k
2. Graduate Development, Travel, Equipment £6k
3. Access to university expertise and facilities £33k
Total Package worth £66 - £84k
SME 67% Grant Support, Cost to Company £22 - £28k
Large Company 50% Grant Support, Cost to Company £33 - £42k
Jointly funded by Invest NI & Innovate UK
Typical Costs Per Year
Eligibility Summary
1. Ideally 4 employees or more
2. An innovative new product, service or process
3. A strong case for impact on net profit
4. A need to embed a new capability from an academic team
5. Challenging and rewarding project for the company, the associate and the academic
6. Local Advisers to help guide you through the process
Joel Ferguson
Senior KT Adviser (NI), KTN
joel.ferguson@ktn-uk.org
07739 338 681
Nicola Doherty
KTP Programme Manager, Invest NI,
Nicola.Doherty@investni.com
07771 387 607
Ken Frame
KT Adviser (NI), KTN
Ken.frame@ktn-uk.org
07860 863 639
Stephen McComb
KT Adviser (NI), KTN
Stephen.mccomb@ktn-uk.org
07548 128 426
https://ktn-uk.co.uk/programmes/knowledge-transfer-partnerships
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Questions and Answers
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Lorraine Acheson & Gordon Ford
Innovate UK
Innovate UK: Funding and connecting
business innovation across the UK
Lorraine Acheson and Gordon Ford
23 October 2018
Innovate UK
Is the UK’s innovation agency.
Our mission is to accelerate UK economic growth
through funding and connecting
business-led innovation
throughout the UK
KNOWLEDGE ECONOMY SOCIETY
£6bn
£0.5bn
UK Research & Innovation - From April 2018
Innovate UK regional presence
across the UK, working to:
 strengthen relationships
 connect Innovate UK family with
regional stakeholders
 ensure a coherent strategy across
the UK
 https://datavis.innovateuk.gov.uk/app/
N. Ireland
Scotland
East Midlands
East of England
South East
North West
West Midlands
Wales
South West
North East,
Yorkshire &
Humber
Connecting businesses
CONNECT
Special Interest Groups
So what?
Funding Opportunities
Variety of health and life science
funding
Biomedical Catalyst
UK-China AMR
£10M
Innovation Loans
Precision Medicine
Investment Accelerator
Genomics Manufacturing
Readiness
£5M
Shaping the Future of
Precision Medicine (CR&D)
£5M
Digital Health
Technologies Catalyst
ISCF challenges
OPEN Grant funding
Asthma UK/Innovate UK
Early Diagnosis
Industrial Strategy and the
Industrial Strategy Challenge Fund (ISCF)
Industrial Strategy Grand Challenges
AI and Data
Economy
Ageing
Society
Clean
Growth
Future of
Mobility
Leading-Edge Healthcare / Medicines
manufacturing technologies
Batteries for clean and flexible energy storage
Robots for a safer world
Self-driving vehicles
Manufacturing and materials of the future
Satellites and space technology
ISCF Challenges – Wave 1 (£683M)
Leading-Edge Healthcare / Medicines
manufacturing technologies
ISCF Challenges – Wave 1 (£683M)
Medicines Manufacturing
Collaborative R&D
£25m
Advanced Therapies
Treatment Centres
£30m
Cell & Gene Therapy
Manufacturing Centre
£12m
Medicines Manufacturing
Innovation Centre
£13m
Vaccines Development
& Manufacturing Centre
£66m
£181m to develop first-of-a-kind technologies for the manufacture of
medicines to accelerate patient access to new drugs and treatments
Digital Health
Technology Catalyst
£35m
Viral vector production
for cell and gene
therapies
£5.6m
£35m
over 4 years
Digital Health
Technology Catalyst
Funded through the Industrial Strategy Challenge Fund
National Information Board.
- address specific market failures so that the digital health sector can grow
- deliver transformative, cost-effective technologies to patients more quickly
Digital Health Technology Catalyst
Round 3 closes 31st October 2018
Digital Health Technology Catalyst, Round 3
Closes 31st October 2018
The aim of this competition is to speed up the development of new
digital solutions to healthcare challenges and grow the industry.
Projects must focus on the feasibility or development of digital health or
digitally-enabled medical technologies. These MUST have the potential
to achieve one or more of the following:
• improve patient outcomes
• transform healthcare delivery
• enable more efficient delivery of healthcare
These technologies may be designed to be used in both clinical or non-
clinical everyday settings.
Projects must be innovative and clearly demonstrate how they will
address needs of the healthcare system.
Overview of the DHTC Round 3 Competition
All DHTC projects must begin by April 1st
2019
Programme
Competitions
Total Funding available
DHTC 3
Feasibility:
Market and/or technical
feasibility
Collaborative R&D:
Industrial research and
experimental development
Up to £1 million Up to £8 million
Total Project Costs £50k - £75k Up to £1 million
Project Duration Up to 12 months
SME led, Collaborative*Project Type
SME led, Single or
collaborative
12 to 24 months
*2 grant claiming organisations
Digital Health Technology Catalyst, Round 3
Closes 31st October 2018
Data to early diagnosis &
precision medicine
Healthy ageing
Next generation services
Audience of the future Quantum technology
Transforming
construction
Transforming food
production
Energy revolution
Second Wave of Challenges
CHALLENGE:
Combine the wealth of
data available with real
world evidence
• Genomics: WGS of
500,000 UK Biobank
Samples
• Digital innovation
Hubs: Link NHS to R&D
data and provide new
analytic tools for business
• Digital Pathology:
Radiology & AI Centres of
Excellence
Data to Early Diagnosis and Precision Medicine
(£210m)
Create new products and services that will
diagnose diseases earlier and help clinicians
choose the best treatment for individual patients.
Healthy Ageing
The challenge is to develop new
products and services that offer
choice, meet their aspirations
and through better, more
effective care, support an
independent lifestyle as they
age. By working together, the
government and industry can
address the challenges of ageing
whilst capturing a growing global
market.
Biomedical Catalyst
NEW: Innovate UK Biomedical Catalyst GOV.UK webpage:
www.gov.uk/guidance/biomedical-catalyst-what-it-is-and-how-to-apply-for-funding
OPEN grant funding and loans
OPEN Programme
Open grant funding competition Round 3
Scope: “Game changing or disruptive innovation”
Must have the potential for their idea or concept leading to significant return on investment
(ROI), positive economic impact, growth and scale-up of the business
Opens 24th September
Closes 14th November
£20 Million is available
Projects lasting 6-18 months with total costs of £25,000 - £500,000
Projects lasting 19-36 months £25,000 - £2M
Open Competition Innovation Loans
Current round closes 21st November
Affordable, flexible and patient
Thank you
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Terry O’Neill
Knowledge Transfer Network
The Future
Terry O’Neill
Head of Health, KTN
Agenda
1. KTN
2. Example of High Impact Intervention in Health
3. Future Developments
4. Collaboration is complicated
5. Questions
Ktn-uk.org @KTNUK
Knowledge Transfer Network (KTN)
Ktn-uk.org @KTNUK
UK Research and Innovation Ecosystem
(one part of the ecosystem)
Academic Health Science Networks
Dept for Business, Energy and Industrial Strategy
Dept of Health
MedTech and In Vitro Diagnostics Co-operatives
National Institute for Health Research
NHS England
Office for Life Sciences
BEIS OLS DoH
UK Research
& Innovation
KTNInnovate UK
Research Councils
NHS (E, S, W, NI) NIHR
AHSNs MICs
NHS E
Ktn-uk.org @KTNUK
Innovate UK ‘Connect’
Thematic Focus
Knowledge Transfer Advisors
Local Presence
Global Connections
Ktn-uk.org @KTNUK
KTN’s Mission
(Who we are & why we exist)
KTN is the UK’s innovation
network.
Our mission is to deliver economic
growth. We connect people to
speed up innovation, solve
problems and find markets for
new ideas.
We bring together businesses,
entrepreneurs, academics and
funders to develop new products,
processes and services.
UK Economic
Growth
Businesses,
Entrepreneurs
and Investors
KTN The UK’s
Innovation
Network
Technologies,
Inventions and
Creativity
Ktn-uk.org @KTNUK
KTN Objectives
• Increase business led R&D
• Facilitate exploitation of R&D to capture more UK value from
innovation
• Increase collaboration between businesses (B2B) & between
businesses and the research base (B2R) for UK benefit
• Be the strategic partner of choice for innovation networking
• Provide breadth and depth of expertise for businesses
looking to innovate
Ktn-uk.org @KTNUK
Breadth of expertise
Chemistry & IB
Materials
Agri-Food
Health
Manufacturing
European &
International
Diversity
Design & Innovation
Access to Funding &
Finance
KT Advisers
Communications
Events
Finance and Ops
Emerging Tech
Enabling Tech
Creative & Digital
Infrastructure
Transport
Complex Systems
• Discovery and development
• Scale-up and manufactureMedicines
• In vitro technologies (including wearables)
• Implantable technologiesMed Tech
• Systems for diagnosis/remediation of disease
• Electronic records in health & careDigital
KTN Health Priorities
Ktn-uk.org @KTNUK
KTN Fit: Enabling “the World’s most
innovative economy”*
“…do more to address some of the frictions in the
system to support collaboration and the flow of
knowledge between research base and industry,
accelerating the path to market.”
*Industrial Strategy White Paper 2017
Example of High Impact
Interventions in Health
Ktn-uk.org @KTNUK
Prevention
of Disease
Identification
of Disease
Treatment of
Disease
Public
Health
Vaccination
Health
Monitoring
Non-
specific
Chronic Disease
Acute
Disease
Medical
Technology
Lifestyle
change/Wellness –
often Digital
Medicines
What is Health
Ktn-uk.org @KTNUK
Cervical Screening and Vaccination
0
http://www.ncin.org.uk/publications/data_briefings/cervical_incidence_and_screening
CIN I CIN II CIN III Cervical CancerNormal
Biomarker
PAP smear test Diagnostic test
Treatments Intervention
Ktn-uk.org @KTNUK
Cervical Screening and Vaccination
0
http://www.ncin.org.uk/publications/data_briefings/cervical_incidence_and_screening
16.24,132
16.2
2,620
9.3
2,369
8.3
1988 20081998
Vaccination
• 187m doses worldwide
• 130 countries
• 90% reduction in HPV infections
• 45% reduction on low grade
cytology
• 85% reduction in high grade
cytology
Eradication of HPV associated
cancers by between 2040
and 2050
Ktn-uk.org @KTNUK
Prevention
of Disease
Identification
of Disease
Treatment of
Disease
Cervical Screening and Vaccination
Developments
Changes to screening process
Changes to vaccine formulation
HPV typing
Focus on high risk age-groups
Novel ablative
Advanced Therapeutics
Ktn-uk.org @KTNUK
Prevention
of Disease
Identification
of Disease
Treatment of
Disease
Future of Health
Driven by ISCF
Whole Genome Sequencing
Longitudinal Cohort Studies
Multi ‘omics
New Diagnostic Tests
Cancer Immunotherapy
Advanced Therapeutics
Ktn-uk.org @KTNUK
It’s Complicated
Ktn-uk.org @KTNUK
Ktn-uk.org @KTNUK
Innovate UK
(UKRI)
KTN
International National Regional
OLS
DH
NIHR
MICs
RCs
Trade Assoc.
NICE
Research
Charities
CompaniesCompaniesCompanies
AHSNs
Medilinks
One Nucleus
BioNow
OBN
BioCity
Universities
Hospitals
Academics
Clinicians
European
Commission
FCO-SIN
European
Networks (EBN)
FDA
DIT - Healthcare U
K
LEPs
MHRA
EEN
EEN
Ktn-uk.org @KTNUK
Collaboration using
Public Sector Funding
Ktn-uk.org @KTNUK
Integration Zone
IUK – Industrial Strategy Challenge Fund
IIIa. Product IVa. MarketI. Concept II. Seed IIIb. IVb.
Innovation Funding
Integrated Public / Private Funding Strategy – Health Focus
1
2
3
4
5
6
7
8
9
H2020
Excellence in
Science
Societal Challenges
AI & Data Economy
Healthy Ageing
Clean Growth
Future of Mobility
Open Programme
Regional Growth Fund
Scotland Smart & R&D
HTCs
HICF
I4I
Resp.
Mode
Research
Case Awards Managed Programmes
IKCs
Industrial CASE
Awards
FFF
Day Job Angels VC
Early-stage VC
Family OfficesCRG
Companies
BanksLeadership in KEITS
UKRI
Ktn-uk.org @KTNUK
Commit to reach 2.4% of GDP
investment in R&D by 2027
Industrial Strategy Challenge Fund
Ktn-uk.org @KTNUK
Industrial Strategy Challenge Fund
AI and Data
Economy
Healthy
ageing
Clean
growth
Future of
mobility
Ktn-uk.org @KTNUK
UK Innovation Mapping
Smart Specialisation Hub KTN Landscape Maps
Ktn-uk.org @KTNUK
Develop specific
interventions for diverse
markets
Foster a collaborative
approach wherever
appropriate
Establish and maintain the
UK as the best place to
drive health innovation
Understand
the innovation
landscape
Companies
SMEs
Large
Companies
Stakeholders
Numerous
Ktn-uk.org @KTNUK
Questions?
Terry O'Neill
Head of Health
Knowledge Transfer Network
terry.oneill@ktn-uk.org • 07972 848109
Ktn-uk.org @KTNUK
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Dr. Vicky Kell
Invest NI
Relevance to Your Business
You heard about what the future holds – now let’s turn to your
business
What do the future trends mean to you?
Relevance to Your Business
•Will your current product/service deliver your
customer needs?
• What modifications would be beneficial?
• What are the economic/social benefits of your product/service
suite?
Relevance to Your Business
•Who will your customers be and how will you
engage with them?
Relevance to Your Business
•Who will your competitors be?
• What do you know about them and their future-proofing?
Relevance to Your Business
•Do you have the partners you need or will you
need new partners?
• Who will they be?
• Will your funding sources change?
Relevance to Your Business
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK
Panel Discussion
Ryan Williams, Connected Health
Dave Ribeiro, ProAxis
Dr Mary Jo Kurth, Randox
Funding for Innovation
in Life & Health Sciences
Wifi: TitanicGuests
Twitter: @InvestNI
@innovateuk
@KTNUK

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Presentation - Funding for Innovation in Life & Health Sciences

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  • 2. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 3. Innovation Landscape Who’s who & What’s what? Dr Vicky Kell Director of Innovation, Research & Development
  • 4. Companies who are innovating are twice as likely to be growing (ITI Business Monitor) Companies who invest in innovation demonstrate greater job growth, employed better qualified people and are more likely to export (NESTA) Companies who collaborate on innovation are more productive than those that do not (OECD) Investments in innovation are responsible for 2/3 of UK productivity growth (NESTA) Importance of Innovation
  • 5. What is Innovation? The process that transforms your ideas into commercial value. It requires the execution of your ideas which address specific challenges and achieve significant value creation for both your business and your customers.
  • 6. What is R&D? • Research and Development plays a critical role in the innovation process • An investment in technology and future capabilities which is transformed into new products, processes, and services
  • 7. SO INNOVATION AND R&D IS IMPORTANT HOW IS NORTHERN IRELAND DOING?
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  • 10. Life & Health Sciences Sector in Northern Ireland Employment 8,400 LHS average salary well above the private sector median 2% of private sector employment in NI 2014 Turnover £950m 80% in Pharma 10% in Medical Devices 10% Health & Wellbeing LHS Sector accounts for 13% of NI Exports 65% of all LHS revenue is exports Exports growing at 10% per annum NI companies exporting to over 140 countries 170 Companies Research Infrastructure 1000+ researchers in Centres of Excellence HERD LHS Funding - £175m 16,000 Students studying LHS subjects 4,000 LHS Graduate per annum Academics NI Health Services 66,000 employees Budget - £4.8bn R&D Spend - £15m Health
  • 11. Life & Health Sciences Sector in Northern Ireland Growth over 3 years Sector Turnover up 24% Sector Employment up 21% Industry R&D Spend up 90% Sector Exports up 19%
  • 12. Delivering Economic Benefits for Northern Ireland Government Industry Health Academia Invest NI Other Government Departments HSC 5 Local Trusts Acute Hospitals Almac Randox Philips Exploristics Queen’s University Ulster University Life & Health Science
  • 13. Delivering Economic Benefits for Northern Ireland Government Industry Health Academia Invest NI Other Government Departments HSC 5 Local Trusts Acute Hospitals Almac Randox Philips Exploristics Queen’s University Ulster University Life & Health Science
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  • 18. Innovation Support Ecosystem EUROPE NATIONAL LOCAL Horizon 2020/ Enterprise Europe Network EU Structural Funds UKRI Research Councils + Innovate UK; KTP, SBRI, CRD, Catalysts, Catapults Government Departments (DEL / DETI / DHSSPS / DARD / DCAL) Invest NI Local Authorities HE / FE Other Support Orgs* Public Research Institutes BEIS * Includes InterTradeIreland, NISP, MATRIX, Private Sector etc Patent Box R&D Tax Credits
  • 19. A bit more about the “players” & support Innovation Vouchers Technical Advisory Unit (TAU) Design Proof of Concept KTP (in conjunction with KTN) Grant for R&D Competence Centres Accelerator NI Business Information Access to Finance Business Information Centre QUB - Research and Enterprise UU - Northern Ireland Centre for Stratified Medicine UU - The Intelligent Systems Research Centre UU - The Nanotechnology and Integrated Bio-Engineering Centre HSC Research and Development North West Regional College Catalyst Inc Enterprise Europe Network Innovate UK
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  • 21. Invest NI’s role • Delivery body for economic development • Offering financial, capability development and advisory solutions. • 22 international locations across Europe, Asia-Pac, IMEA and Americas. 5 offices in Northern Ireland • Dedicated sector focused Client Teams • Specialists in a wide range of business disciplines
  • 22. Delivering Success Invest NI Commitment • Strategic Priority • Joined up approach • Build on proven expertise • Encourage collaboration • Exploit International links
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  • 24. Innovation Vouchers • A voucher is worth up to £5000 and is used by SMEs to allow them to work with a Knowledge Provider • Businesses may have a maximum of 3 vouchers for different projects, but only one voucher at a time • 4 open calls for applications per year
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  • 26. TAU & TDI support – advice & financial • Investigating new technologies or processes • Product & process problem resolution • Product approvals e.g. VCA; TuV; UL; CE Marking • Product/process improvement • Management systems e.g. ISO9001; ISO27001; BRC; • Intellectual Property e.g. Patents; Trademarks; licensing agreements
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  • 28. Current Sector R&D Focus Medical DevicesOncology Imaging/Pathology Diagnostics Diabetes Clinical Trials Neurodegenerative Diseases Infectious Diseases
  • 29. Innovation Advisors (New to R&D)  3 advisors for Grant for R&D;  Ciaran Mc Cartan (Health, Life Sciences & Food)  Richard Pelan (Engineering/ICT)  Robin Humphreys (ICT/General enquiries)
  • 30. Project Definition  Help plan and define the project. This can include:  A scientific and/or technical literature review  Defining the market opportunity  Defining the technical objectives and risks  Defining the costs of the R&D and understanding the financial implications  Determining the potential benefits  Funding capped at £30k (£15k for applying to IUK/H2020) of grant and a guidance of 5-10% of main R&D project costs  £24 hour labour rates  First region to get EU Commission approval  The actual employee(s) labour rate is vouched
  • 31. Grant for R&D  Funding for Invest NI clients and potential clients  Support for technically risky projects  Ideas must be exploitable  Support for future work - not retrospective  Needs match funding  Support is discretionary - subject to Invest NI decision
  • 32. Aspects of Successful Applications Project  Level of Innovation  Technical Risk and R&D Challenge  Potential to create IP  Exploitation Potential  Company & Economic Benefit Company / Applicant  Management Ability & Staff Expertise  Additionality  Viability  Track Record
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  • 34. Competence Centres Collaborative, strategic research, led by industry and resourced by qualified researchers  Higher-risk, longer-term research with funding typically 5 years  Stimulate CRD and contribute to the “market focussed technology innovation communities” CASE, Connected Health, NIACE (Advanced composites) and Agri-Food
  • 35. Targeting External Funding Enterprises that participate in National & EU projects:  Increase their R&D and innovation capability by tapping into a broader knowledge base  Gain access to national/international networks  Faster access to new markets and customers  Have access to qualified staff  Increase their reputation and visibility on a national/EU level  Receive attractive rates of funding - Horizon 2020 – up to 100% direct costs/25% overheads
  • 36. Innovate UK Direct UK Government Funding  Usually Collaborative  Mix of theme driven and open call opportunities  Knowledge Transfer Networks  Generous support rates  Competitive
  • 37. Horizon 2020 Biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over seven years (2014-2020). Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness Invest NI is a UK NCP for SMEs and can provide support for applications to the SME instrument and Fast Track to Innovation
  • 38. Queen’s University Belfast Ulster University Ulster University Queen’s University Belfast Ulster University Ulster University Queen’s University Belfast Queen’s University Belfast & Ulster University & NISRA Ulster University
  • 39. A bit more about the “players” & support Innovation Vouchers Technical Advisory Unit (TAU) Design Proof of Concept KTP (in conjunction with KTN) Grant for R&D Competence Centres Accelerator NI Business Information Access to Finance Business Information Centre QUB - Research and Enterprise UU - Northern Ireland Centre for Stratified Medicine UU - The Intelligent Systems Research Centre UU - The Nanotechnology and Integrated Bio-Engineering Centre HSC Research and Development North West Regional College Catalyst Inc Enterprise Europe Network Innovate UK
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  • 41. • Aimed at proving the product and/or market. • Concept Grants: Quarterly call for up to £10k grants to accelerate product/solution validation and early prototype developments. • Concept Plus Grants: Bi-annual call for up to £25k grants for prototype/product refinement and further customer development. • https://www.techstartni.com/grants Proof of Concept – Techstart NI
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  • 53. Today you will understand your support options Use the experts here to help you continue your journey!
  • 54. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 55. Aiden Flynn Exploristics Grainne McVeigh Invest NI How R&D support helped my business
  • 56.
  • 57. Aiden Flynn Exploristics Grainne McVeigh Invest NI How R&D support helped my business
  • 58. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 61. What are Knowledge Transfer Partnerships? 1. Partner with an academic team 2. Employ a recent graduate 3. Deliver an innovative, strategically important product/process 4. KTP Programme running more than 40 years 5. More than 60 active Partnerships in NI (800+ across UK) 6. NI consistently the UK’s top performing region
  • 62. More competitive, wealth creating business Well developed ‘manager of future’Impact Research, Teaching, Papers, Placements etc Transfer & ‘embedding’ of knowledge Vital Knowledge Support partnership fully University/College Significant Academic Benefit Support Company, Project and Graduate Transfer Knowledge and Capability Business Deliver Innovative Product/Process Embed New Capability Support and Develop Graduate Associate (Graduate) Stretch and Develop Deliver project Embed New Capability Company Based Project Innovative Strategically Important Company Missing Vital Knowledge Knowledge Not Widely Available Challenge and Reward for All 3 Partners KTP Essential Features More competitive, wealth creating business Support partnerships fully Impact research teaching, papers, placements etc Vital knowledge Transfer and ‘embedding’ of knowledge Well developed manager of the future
  • 63. KTP Features 1. Projects can be 12 to 36-months in duration, typically 24 to 36-months 2. Academic team provide knowledge, expertise and facilities 3. Academic input, typically 0.5 days per week 4. Graduate and project based in company 5. More than 60% of graduates are retained by companies
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  • 65. James Leckey Design Limited: Design and manufacture a range of support devices for disabled children. Project One: To embed the skills and knowledge necessary to successfully integrate existing and emerging technologies into new Leckey products and understand how data gathered can be used to provide evidence for clinical practice within paediatrics. Project Two: To develop an application of motivational learning design methodologies to enhance and support customers in using products for home therapy. Case Study
  • 66. iHelpr The Knowledge Transfer Partnership between Inspire Workplaces and Ulster University has lead to the development of iHelpr. The iHelpr chatbot is embedded into a web based support hub. The user is guided through validated self- assessments on topics such as stress, sleep and anxiety. Depending on the users score, they are directed to the most appropriate self help resource within the support hub or towards face to face services, such as counselling services or seeing their GP. Case Study Inspire Workplaces: A social enterprise that supports mental health in the workplace.
  • 67. Total Cost 1. Graduate Salary (Pay £18-36k pa) £27 - £45k 2. Graduate Development, Travel, Equipment £6k 3. Access to university expertise and facilities £33k Total Package worth £66 - £84k SME 67% Grant Support, Cost to Company £22 - £28k Large Company 50% Grant Support, Cost to Company £33 - £42k Jointly funded by Invest NI & Innovate UK Typical Costs Per Year
  • 68. Eligibility Summary 1. Ideally 4 employees or more 2. An innovative new product, service or process 3. A strong case for impact on net profit 4. A need to embed a new capability from an academic team 5. Challenging and rewarding project for the company, the associate and the academic 6. Local Advisers to help guide you through the process
  • 69. Joel Ferguson Senior KT Adviser (NI), KTN joel.ferguson@ktn-uk.org 07739 338 681 Nicola Doherty KTP Programme Manager, Invest NI, Nicola.Doherty@investni.com 07771 387 607 Ken Frame KT Adviser (NI), KTN Ken.frame@ktn-uk.org 07860 863 639 Stephen McComb KT Adviser (NI), KTN Stephen.mccomb@ktn-uk.org 07548 128 426 https://ktn-uk.co.uk/programmes/knowledge-transfer-partnerships
  • 70. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 72. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 73. Lorraine Acheson & Gordon Ford Innovate UK
  • 74. Innovate UK: Funding and connecting business innovation across the UK Lorraine Acheson and Gordon Ford 23 October 2018
  • 75. Innovate UK Is the UK’s innovation agency. Our mission is to accelerate UK economic growth through funding and connecting business-led innovation throughout the UK KNOWLEDGE ECONOMY SOCIETY
  • 76. £6bn £0.5bn UK Research & Innovation - From April 2018
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  • 78. Innovate UK regional presence across the UK, working to:  strengthen relationships  connect Innovate UK family with regional stakeholders  ensure a coherent strategy across the UK  https://datavis.innovateuk.gov.uk/app/ N. Ireland Scotland East Midlands East of England South East North West West Midlands Wales South West North East, Yorkshire & Humber
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  • 86. Variety of health and life science funding Biomedical Catalyst UK-China AMR £10M Innovation Loans Precision Medicine Investment Accelerator Genomics Manufacturing Readiness £5M Shaping the Future of Precision Medicine (CR&D) £5M Digital Health Technologies Catalyst ISCF challenges OPEN Grant funding Asthma UK/Innovate UK Early Diagnosis
  • 87. Industrial Strategy and the Industrial Strategy Challenge Fund (ISCF)
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  • 89. Industrial Strategy Grand Challenges AI and Data Economy Ageing Society Clean Growth Future of Mobility
  • 90. Leading-Edge Healthcare / Medicines manufacturing technologies Batteries for clean and flexible energy storage Robots for a safer world Self-driving vehicles Manufacturing and materials of the future Satellites and space technology ISCF Challenges – Wave 1 (£683M)
  • 91. Leading-Edge Healthcare / Medicines manufacturing technologies ISCF Challenges – Wave 1 (£683M) Medicines Manufacturing Collaborative R&D £25m Advanced Therapies Treatment Centres £30m Cell & Gene Therapy Manufacturing Centre £12m Medicines Manufacturing Innovation Centre £13m Vaccines Development & Manufacturing Centre £66m £181m to develop first-of-a-kind technologies for the manufacture of medicines to accelerate patient access to new drugs and treatments Digital Health Technology Catalyst £35m Viral vector production for cell and gene therapies £5.6m
  • 92. £35m over 4 years Digital Health Technology Catalyst Funded through the Industrial Strategy Challenge Fund National Information Board. - address specific market failures so that the digital health sector can grow - deliver transformative, cost-effective technologies to patients more quickly Digital Health Technology Catalyst Round 3 closes 31st October 2018
  • 93. Digital Health Technology Catalyst, Round 3 Closes 31st October 2018 The aim of this competition is to speed up the development of new digital solutions to healthcare challenges and grow the industry. Projects must focus on the feasibility or development of digital health or digitally-enabled medical technologies. These MUST have the potential to achieve one or more of the following: • improve patient outcomes • transform healthcare delivery • enable more efficient delivery of healthcare These technologies may be designed to be used in both clinical or non- clinical everyday settings. Projects must be innovative and clearly demonstrate how they will address needs of the healthcare system.
  • 94. Overview of the DHTC Round 3 Competition All DHTC projects must begin by April 1st 2019 Programme Competitions Total Funding available DHTC 3 Feasibility: Market and/or technical feasibility Collaborative R&D: Industrial research and experimental development Up to £1 million Up to £8 million Total Project Costs £50k - £75k Up to £1 million Project Duration Up to 12 months SME led, Collaborative*Project Type SME led, Single or collaborative 12 to 24 months *2 grant claiming organisations Digital Health Technology Catalyst, Round 3 Closes 31st October 2018
  • 95. Data to early diagnosis & precision medicine Healthy ageing Next generation services Audience of the future Quantum technology Transforming construction Transforming food production Energy revolution Second Wave of Challenges
  • 96. CHALLENGE: Combine the wealth of data available with real world evidence • Genomics: WGS of 500,000 UK Biobank Samples • Digital innovation Hubs: Link NHS to R&D data and provide new analytic tools for business • Digital Pathology: Radiology & AI Centres of Excellence Data to Early Diagnosis and Precision Medicine (£210m) Create new products and services that will diagnose diseases earlier and help clinicians choose the best treatment for individual patients.
  • 97. Healthy Ageing The challenge is to develop new products and services that offer choice, meet their aspirations and through better, more effective care, support an independent lifestyle as they age. By working together, the government and industry can address the challenges of ageing whilst capturing a growing global market.
  • 99.
  • 100. NEW: Innovate UK Biomedical Catalyst GOV.UK webpage: www.gov.uk/guidance/biomedical-catalyst-what-it-is-and-how-to-apply-for-funding
  • 101. OPEN grant funding and loans
  • 102. OPEN Programme Open grant funding competition Round 3 Scope: “Game changing or disruptive innovation” Must have the potential for their idea or concept leading to significant return on investment (ROI), positive economic impact, growth and scale-up of the business Opens 24th September Closes 14th November £20 Million is available Projects lasting 6-18 months with total costs of £25,000 - £500,000 Projects lasting 19-36 months £25,000 - £2M
  • 103. Open Competition Innovation Loans Current round closes 21st November Affordable, flexible and patient
  • 105. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 108. Agenda 1. KTN 2. Example of High Impact Intervention in Health 3. Future Developments 4. Collaboration is complicated 5. Questions Ktn-uk.org @KTNUK
  • 109. Knowledge Transfer Network (KTN) Ktn-uk.org @KTNUK
  • 110. UK Research and Innovation Ecosystem (one part of the ecosystem) Academic Health Science Networks Dept for Business, Energy and Industrial Strategy Dept of Health MedTech and In Vitro Diagnostics Co-operatives National Institute for Health Research NHS England Office for Life Sciences BEIS OLS DoH UK Research & Innovation KTNInnovate UK Research Councils NHS (E, S, W, NI) NIHR AHSNs MICs NHS E Ktn-uk.org @KTNUK
  • 111. Innovate UK ‘Connect’ Thematic Focus Knowledge Transfer Advisors Local Presence Global Connections Ktn-uk.org @KTNUK
  • 112. KTN’s Mission (Who we are & why we exist) KTN is the UK’s innovation network. Our mission is to deliver economic growth. We connect people to speed up innovation, solve problems and find markets for new ideas. We bring together businesses, entrepreneurs, academics and funders to develop new products, processes and services. UK Economic Growth Businesses, Entrepreneurs and Investors KTN The UK’s Innovation Network Technologies, Inventions and Creativity Ktn-uk.org @KTNUK
  • 113. KTN Objectives • Increase business led R&D • Facilitate exploitation of R&D to capture more UK value from innovation • Increase collaboration between businesses (B2B) & between businesses and the research base (B2R) for UK benefit • Be the strategic partner of choice for innovation networking • Provide breadth and depth of expertise for businesses looking to innovate Ktn-uk.org @KTNUK
  • 114. Breadth of expertise Chemistry & IB Materials Agri-Food Health Manufacturing European & International Diversity Design & Innovation Access to Funding & Finance KT Advisers Communications Events Finance and Ops Emerging Tech Enabling Tech Creative & Digital Infrastructure Transport Complex Systems
  • 115. • Discovery and development • Scale-up and manufactureMedicines • In vitro technologies (including wearables) • Implantable technologiesMed Tech • Systems for diagnosis/remediation of disease • Electronic records in health & careDigital KTN Health Priorities Ktn-uk.org @KTNUK
  • 116. KTN Fit: Enabling “the World’s most innovative economy”* “…do more to address some of the frictions in the system to support collaboration and the flow of knowledge between research base and industry, accelerating the path to market.” *Industrial Strategy White Paper 2017
  • 117. Example of High Impact Interventions in Health Ktn-uk.org @KTNUK
  • 118. Prevention of Disease Identification of Disease Treatment of Disease Public Health Vaccination Health Monitoring Non- specific Chronic Disease Acute Disease Medical Technology Lifestyle change/Wellness – often Digital Medicines What is Health Ktn-uk.org @KTNUK
  • 119. Cervical Screening and Vaccination 0 http://www.ncin.org.uk/publications/data_briefings/cervical_incidence_and_screening CIN I CIN II CIN III Cervical CancerNormal Biomarker PAP smear test Diagnostic test Treatments Intervention Ktn-uk.org @KTNUK
  • 120. Cervical Screening and Vaccination 0 http://www.ncin.org.uk/publications/data_briefings/cervical_incidence_and_screening 16.24,132 16.2 2,620 9.3 2,369 8.3 1988 20081998 Vaccination • 187m doses worldwide • 130 countries • 90% reduction in HPV infections • 45% reduction on low grade cytology • 85% reduction in high grade cytology Eradication of HPV associated cancers by between 2040 and 2050 Ktn-uk.org @KTNUK
  • 121. Prevention of Disease Identification of Disease Treatment of Disease Cervical Screening and Vaccination Developments Changes to screening process Changes to vaccine formulation HPV typing Focus on high risk age-groups Novel ablative Advanced Therapeutics Ktn-uk.org @KTNUK
  • 122. Prevention of Disease Identification of Disease Treatment of Disease Future of Health Driven by ISCF Whole Genome Sequencing Longitudinal Cohort Studies Multi ‘omics New Diagnostic Tests Cancer Immunotherapy Advanced Therapeutics Ktn-uk.org @KTNUK
  • 125. Innovate UK (UKRI) KTN International National Regional OLS DH NIHR MICs RCs Trade Assoc. NICE Research Charities CompaniesCompaniesCompanies AHSNs Medilinks One Nucleus BioNow OBN BioCity Universities Hospitals Academics Clinicians European Commission FCO-SIN European Networks (EBN) FDA DIT - Healthcare U K LEPs MHRA EEN EEN Ktn-uk.org @KTNUK
  • 126. Collaboration using Public Sector Funding Ktn-uk.org @KTNUK
  • 127. Integration Zone IUK – Industrial Strategy Challenge Fund IIIa. Product IVa. MarketI. Concept II. Seed IIIb. IVb. Innovation Funding Integrated Public / Private Funding Strategy – Health Focus 1 2 3 4 5 6 7 8 9 H2020 Excellence in Science Societal Challenges AI & Data Economy Healthy Ageing Clean Growth Future of Mobility Open Programme Regional Growth Fund Scotland Smart & R&D HTCs HICF I4I Resp. Mode Research Case Awards Managed Programmes IKCs Industrial CASE Awards FFF Day Job Angels VC Early-stage VC Family OfficesCRG Companies BanksLeadership in KEITS UKRI Ktn-uk.org @KTNUK
  • 128. Commit to reach 2.4% of GDP investment in R&D by 2027 Industrial Strategy Challenge Fund Ktn-uk.org @KTNUK
  • 129. Industrial Strategy Challenge Fund AI and Data Economy Healthy ageing Clean growth Future of mobility Ktn-uk.org @KTNUK
  • 130. UK Innovation Mapping Smart Specialisation Hub KTN Landscape Maps Ktn-uk.org @KTNUK
  • 131. Develop specific interventions for diverse markets Foster a collaborative approach wherever appropriate Establish and maintain the UK as the best place to drive health innovation Understand the innovation landscape Companies SMEs Large Companies Stakeholders Numerous Ktn-uk.org @KTNUK
  • 132. Questions? Terry O'Neill Head of Health Knowledge Transfer Network terry.oneill@ktn-uk.org • 07972 848109 Ktn-uk.org @KTNUK
  • 133. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 135. Relevance to Your Business You heard about what the future holds – now let’s turn to your business What do the future trends mean to you?
  • 136. Relevance to Your Business •Will your current product/service deliver your customer needs? • What modifications would be beneficial? • What are the economic/social benefits of your product/service suite?
  • 137. Relevance to Your Business •Who will your customers be and how will you engage with them?
  • 138. Relevance to Your Business •Who will your competitors be? • What do you know about them and their future-proofing?
  • 139. Relevance to Your Business •Do you have the partners you need or will you need new partners? • Who will they be? • Will your funding sources change?
  • 140. Relevance to Your Business
  • 141. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK
  • 142. Panel Discussion Ryan Williams, Connected Health Dave Ribeiro, ProAxis Dr Mary Jo Kurth, Randox
  • 143. Funding for Innovation in Life & Health Sciences Wifi: TitanicGuests Twitter: @InvestNI @innovateuk @KTNUK

Notes de l'éditeur

  1. 2 more international offices to be opened
  2. Invest NI Commitment Strategic Priority importance recognised at top level Government Strategies aligned Focus and investment already happening Joined up Business/academia/clinicians/government HSC integrated Invest NI single access point for industry and R&D Deep Specialism in this area Business and clinical expertise Technical expertise and infrastructure Experience in collaboration International links Connected and accessible
  3. And at Innovate UK we are confident in our ability to meet the challenge and take advantage of the opportunity 2017 has been the 10 year anniversary of Innovate UK and we have been proud to have looked back at the achievements over that decade 11,000 projects, 8,000 organisations, 70,000 jobs created, £7.30 return on investment In the last year alone (FY 16/17) we supported nearly 2,900 organisations, across 1,100 projects, 76% SMEs 60% of our core grant funding goes to SMEs
  4. 10 regional managers based around the UK Strengthening relationships Identifying regional hubs Engaging affiliate funders to enhance support for businesses
  5. KTN – at the centre of our connecting work – connecting companies to customers, supply chains, collaborators EEN – international network – connect businesses to international opportunities Knowledge transfer partnerships connect academia to business – similar to Fusion programme run by Intertrade Ireland
  6. Over 600 partner organisations in 66 countries
  7. Our Catapult Network has partnerships in over 24 countries. We are very proud of our Catapults - our national technology and innovation centres. They have a vital role to play in developing the Industrial Strategy. The Catapults have over £850 million in open access facilities available to companies and universities seeking support in their work. Catapults and their centres are based all over the UK – from the Digital Catapult’s regional centre in Belfast to the headquarters in South Wales for the newest Catapult in Compound Semi Conductors. The Catapults have supported 3,000 SMEs in almost 2,500 industrial collaborations And they have over 600 academic collaborations across the Network. Catapults are also active in talent development. For example the Cell and Gene Therapy Catapult has a ‘training through immersion’ policy with a healthy transition of staff to and from the growing industry. While the High Value Manufacturing Catapult has trained over 900 apprentices in the past year and is developing new degree level apprenticeships with the University of Sheffield and Sheffield Hallam University.
  8. This is an overview of the variety of funding opportunities we have offered this year.
  9. Innovate UK is delivering on six challenges from ISCF wave 1, with a total investment of
  10. Innovate UK is delivering on six challenges from ISCF wave 1,
  11. Background to the competition. This is round 3 of the The Digital Health Technology Catalyst which is a £35m funding programme being run over 4 years and is funded through the Industrial Strategy Challenge Fund. It was originally a recommendation of the Accelerated Access Review, the independent review, chaired by the Welcome Trust and is aligned with NHS Englands 5 year forward view. The catalyst has been designed to support the development of innovative health solutions underpinned by digital technology. The goals are also aligned with those of the National Information Board and the UK Life Sciences Strategy specifically to: address specific market failures so that the digital health sector can grow deliver transformative, cost-effective technologies to patients more quickly
  12. The Digital Health Technology Catalyst has been designed to support SMEs in developing innovative health solutions underpinned by digital technology. The aim of this programme is to speed up the development of new digital solutions to healthcare challenges and grow the industry. As you know only too well, digital health is evolving at such a rapid pace this is having a profound impact on healthcare delivery. The DHTC is designed to further support the growth in new digital health solutions that have the potential to: improve patient outcomes; improve access to healthcare; make more targeted and personalised health interventions; transform service delivery; and to deliver new treatments We are open to both clinical or non-clinical proposals, but proposals will need to clearly demonstrate how they will address the needs of the healthcare system.
  13. Now I’d just like to run through some key elements of the call.
  14. bs – linking routine NHS data with rich data from R&D programmes, providing analytic tools and informatics support for businesses alongside local access to federated UK-wide data;​ Digital Innovation hubs: Delivered by Health Data Research UK
  15. Catalysts are designed to support an SME along the journey from an initial idea through to the point at which they can attract private sector investment without the need for grant funding. The Biomedical Catalyst will support the development pathway through to a product tested in humans and is divided up into 4 awards which support progression along that pathway. Each award has a different scope, so applicants must meet the scope of the individual award, as well as the overall scope of the Biomedical Catalyst. We don’t run competitions for every award in every round of the Biomedical Catalyst. In Round 4, we are running competitions only for the Primer and Late Stage awards. The next slide sets out the specific scope of these in more detail – this slide just gives an overview. Now that we have the Primer award as an intermediate step between Feasibility and the Major Awards, the Early Stage award has been repositioned to cover those projects which are on their home run towards completion of a pre-clinical data package, so that if they complete this project successfully they will be in the perfect position to continue with a Late Stage award. The Biomedical Catalyst is a programme of funding that has supported industrial research since 2012. And it has been in collaboration with the Medical Research Council It aims to support companies through each of the stages of innovation development so that they can bring products and services to market quicker. And to do this there are 4 types funding awards reflecting progress through different stages of development. And each of these awards have different eligibility criteria. The processes for applicant are also different. For feasibility and primer, awards are based solely on your assessment of the application and the scores that you give. For early stage and late stage, the scores that you award are used to identify quality applications. We then take those applications that achieve a quality threshold and invite those applicant to attend a panel interview. The panel ultimately decides which of those projects get funded. Your feedback is seen by both successful and unsuccessful applicants. For late stage your feedback is essential here for helping both the applicant identify what information is lacking from their application and for helping the panel in their decision making.
  16. In this competition, Round 2, we invited applications to the Primer and Late Stage Awards. Each award shares the broad scope of the Biomedical Catalyst, that is the development of an “innovative solution to a health and care challenge”. This means that he Biomedical Catalyst embraces: Prevention as well proactive management And innovative approaches for managing health, not just illness; The scope includes development of diagnostics as well as treatments.
  17. Emphasis that loans are for projects that are: closer to market about the business as well as the project Ready to scale up Innovation Loans sit as part of the continuum from research through to commercialisation – they are a new IUK offer to innovative companies, not a replacement for existing activity. 3.7% - well below the market rate of interest
  18. Welcome questions (if time allows) Innovate UK is here to help UK businesses to build the industries of tomorrow And to grow the UK’s position globally in R&D. Any further questions to be directed at Customer support: support@innovateuk.gov.uk or 0300 321 4357
  19. The Knowledge Transfer Network is grant funded by Innovate UK to connect you in the following ways:   Our innovation specialists can personally meet or talk with your company to map out your needs and capabilities and to make introductions. We host thematic cross-sector events across the UK that you can attend to build connections. We can send you bespoke news and digital content. The Knowledge Transfer Network Ltd also works with a variety of other partners to contribute to UK growth through innovation