Research, Development & Innovation Support.

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1 Research, Development & Innovation Support Pat Doyle 28 th May 2015

2 Technology Led The Innovation Escalator Collaborative R&D Competence Centres Proof of Concept Grant for R&D Knowledge Transfer Partnership SBRI Intellectual Property TDI Open Access Facilities Design Market Led Innovation Advice Short Term Reward Innovation Vouchers Long Term Reward Closed Innovation Market failure Open Innovation

3 Grant for R&D Support for technically risky projects Ideas must be exploitable Must incentivise new/additional R&D activity Needs match funding Discretionary - subject to Invest NI decision Support levels dependent on level of R&D challenge, size of company and evidence of collaboration Heavily funded under the European Regional Development Fund (ERDF) Must demonstrate wider benefits

4 Project Definition (eligible costs for SMEs): Up to 50k grant Guide = 5-10% of estimated total project costs Wages & Salaries Consultancy Travel and Accommodation Intellectual Property

5 Enhanced support for companies that are New R&D Eligibility Criteria SME (Small or Medium sized company with less than 250 employees) Not in receipt of Invest NI s R&D support within last 5 years May have potential to export at a future date Max 75% support up to 50k (De Minimis aid)

6 Factors Influencing Support Rate Limits Company Size (S, M, L) Type of Research (Experimental or Industrial) Collaboration > 2 companies (SME or different member state), no one bearing > 70% of costs Research organisation bearing > 10% of costs with publishing rights Project results widely disseminated

7 Maximum Support Rates Near Market / Product & Process Development Large Co.s 25% Medium Co.s 35% Small Co.s 45% + 15% collaborative bonus (Industrial Research projects: 50%; 60% and 70%, respectively)

8 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

9 Invest NI s Principles of Intervention Additionality Mobility Displacement Viability Risk Economic Efficiency Specific Quantitative for R&D Quantitative Qualitative (Regional & wider economic benefits)

10 Aspects of Successful Applications Project Level of Innovation Technical Risk and R&D Challenge Potential to create IPR Exploitation Potential Company & Economic Benefits Company/Applicant Management Ability & Staff Expertise Additionality Viability Track Record

11 R&D Tax Relief and Allowances Reduces Tax Bill by claiming relief for some of R&D expenditure 2 Systems: R&D Tax Allowances; available to all businesses that have qualifying R&D spend R&D Tax Reliefs; available to businesses subject to corporation tax

12 Other Invest NI R&D Solutions Knowledge Transfer Partnerships Enterprise Europe Network Collaborative R&D Support Service Competence Centres Innovation Advisers Innovation Vouchers

13 Enterprise Europe Network Network of 400 partner organisations in 40+ countries Open to any type of NI company, but SME focus Technology Offers & Requests R&D funding (FP7/H2020) advice Commercial info & opportunities Lots of info & news on website Each week approx 50 incomings technology offers/requests Opportunity to post outgoing offer or request

14 Collaborative R&D Support Service UK/Ireland Funding Programmes EU R&D Funding Programmes

15 Support Services Available Identify the most appropriate funding scheme for your project idea and research needs Provide advice on UK and EU funding rules, regulations and eligibility criteria Assist you to find the right partners through the EEN Signpost you to further specialist events and advice Advise on Invest NI financial support for proposal preparation

16 Competence Centres Collaborative, strategic research, led by industry and resourced by qualified researchers Higher-risk, longer-term research with funding typically 5 years Invest NI support likely to reflect the desire to stimulate collaborative research and contribute to the market focussed technology innovation communities envisaged by MATRIX

17 Innovation Advisors Specialist advice in all sectors Advice to clients to help plan R&D projects and complete paperwork Available for FDI projects

18 Current SBRI Activities Promotion of NI involvement in SBRI competitions Promotion of SBRI as a tool to NI public sector bodies Promotion of Pre-Commercial Procurement within H2020 Utilising a cross-departmental team

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