EU Knowledge and Innovation Community (KIC) for Healthy Living and Active Ageing

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1 EU Knowledge and Innovation Community (KIC) for Healthy Living and Active Ageing UHS Briefing meeting OneMoreLife UK Co-Location Centre KIC on Innovations for Healthy Living and Active Ageing

2 EIT Knowledge and Innovation Communities Managed by the European Institute for Innovation and Technology (EIT) Address key societal issues Positioning European initiative and enterprise for future leadership The KIC role Acts as an Innovation Investment Bank Supports Innovation Pipeline Partnership both in country and Europe/world wide Complements and utilises Horizon 2020 programme

3 Healthy Living and Active Ageing KIC The new KIC is a part of EIT s contribution to general objectives of Horizon 2020 EU s new framework programme for research and innovation, during ; Healthy Living and Active Ageing is a key strategic objective HLAA KIC will work alongside three existing KICs ( Climate- KIC ; ICT Labs ; InnoEnergy ; started operating in 2010) ; One other KIC during 2014: Raw Materials ; Two more in 2016 ( Food4Future, and Added Value Manufacturing ) and fifth one in 2018 ( Urban mobility ).

4 EIT Healthy Living and Active Ageing KIC The single largest PPP for innovation in healthy living and active ageing 4

5 Why Healthy Living and Active Ageing? Health will be a major international business as national GDP commitments to health grow around the world. Ageing is largest single social and demographic change. The OneMoreLife approach treats this as a wide life long social challenge, not just a medical problem of old age UK Government committed to health care business expansion (both NHS based and private sector), in Innovation, Health and Wealth this is seen as key growth area for UK economy

6 The goals for the 2014 KIC Innovation for Healthy Living and Active Ageing Improve the quality of life of European citizens of all ages and maintain economic sustainability of the health and social care systems This is in the face of increasing costs, shrinking human resources and citizens expectations for the best care possible.

7 Using the Knowledge Triangle

8 KIC Funding Overall EIT KIC funding is 2.7bn over 7 years/7 KICs to be initiated over this period. Start up phase funding usually.5m for initial year (2015). Funding bid for HLAA KIC from m pa Each HLAA Co-Location Centre should get EIT support of between 14m and 17.5m pa (depending on no/size of CLC s). Match spend of 42m m pa. UoS part of UK CLC? Approx 3-5m pa ( 21-35m over 7 years)??

9 KIC Funding Model 9

10 Our partnership in OneMoreLife The UK University of Southampton CNR Sante*- bid lead FINLAND Aalto University POLAND Foundation for Healthy Ageing FRANCE Languedoc- Roussillon Region ITALY University of Turin *Centre National de Référence Santé à domicile et Autonomie - Siège social

11 UK CLC s Partnership University of Bristol University of Exeter University of Bath University of Sheffield University of Surrey West England AHSN South West AHSN Wessex AHSN Public Health England SouthamptonCity Council Portsmouth City Council Sheffield City Council IBM Open Data Institute The Shaftsbury Partnership SEHTA Sheffcare UoS NHS Hospitals Trust Architecture and Food NHS Innovations SW S. Yorks. Housing Association

12 Key Features of the UK hub Based at Chilworth Science Park; governance structure hosted by the Wessex Institute Representing regional ecosystems in not just SE- England and SW-England but also Yorkshire; Partnership with PHE, City Councils, AHSNs and others to create a cluster of local ecosystems; Forming knowledge exchange networks to actively share best practices and provide for rapid evaluation and early adoption of new innovations;

13 Seven key priorities identified for the KIC invested projects in the UK 1. Business incubation 2. Delivering social innovations 3. Preventative measures and assisted living 4. Resilience and problem solving capacity 5. Capacity and enabling environment for AA 6. Understanding the life course factors 7. Using data as a powerful driver

14 KIC must adopt a business-oriented approach Each KIC has its own legal entity and an appointed CEO, together with the Executive Board. Each KIC sets out short-term and long-term targets, milestones for activities, with annual KPIs. An entrepreneurial culture required in which KICs develop revenue streams and a portfolio of assets (e.g equity stakes in new start-ups, licencing deals, IP ownership). The long-term cooperation between EIT and each KIC will be formalised within a seven-year FPA

15 CLC business model and finance Indicative estimates only in bid no commitment to specific contributions at this stage Resources / in-kind contributions - assumptions - Continued investment in core team resources; will need faculty approvals - CLC set-up and operation fully funded from the KIC - Any resource growth funded from KIC income CLC contract between UoS and OML legal entity to be negotiated when OML legal entity established Business plan to be negotiated with full involvement of our faculties and professional services.

16 KIC legal entity and cash flow EIT OneMoreLife Community (CLG) CLC and KAVA funding CLCs UK Finland Italy Poland KAVA KAVA KAVA KAVA Specific projects delivered by partners: Southampton Sheffield etc Note: EIT funding paid annually in arrears France KCAs funded by: KIC partners Co-funding Other complementary sources

17 Each KIC is about Innovation and societal impact step Discovery: Finding out something not yet known 3 4 Translation: processing discoveries and/or invention into innovation Invention: creating or designing something not existing before Innovation: making changes with societal impact Excellent science & research and education to boost entrepreneurship /business incubation / companies formation