innovation and r&d escalator workshop: joanne coyle - introduction to the workshop

Seizing the Opportunity - R&D

funding for Northern Ireland

business

Dr Joanne Coyle

Research & Development

Invest NI

December 2 2014

Slide 1

House-Keeping

Innovation Support Ecosystem

R&D Solutions

Aims of Today

Overview of Support available

Welcome

Innovation Support Ecosystem

EUROPENATIONALLOCAL

Horizon

2020/

Enterprise

Europe

Network

EU

Structural

Funds

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

BIS

* Includes InterTradeIreland, NISP, MATRIX, Private Sector etc

R&D Tax

Credits

Patent

Box

Research

Councils

Our role is to accelerate economic growth by stimulating and

supporting business-led innovation

We work with others to develop the R&D infrastructure in N. Ireland

and implement national technology strategies in priority areas

Our role is one of partnering with businesses on the R&D journey

With partner and business contributions we have invested about

£100m in innovation projects over the last 5 years

We host the Enterprise Europe Network in Northern Ireland

We are a National Contact Point (NCP) for SMEs in Horizon 2020

Invest NI: Some Facts

Models for driving forward Business R&D

WORKING DIRECTLY WITH

BUSINESSES

(Grant for R&D)

WORKING IN COLLABORATION

WITH OTHERS

(HMRC; Innovate UK; SFI; EU)

WORKING AT DEVELOPING

INFRASTRUCTURE

WORKING WITH BUSINESSES & ACADEMIA FOR

COMMERCIALISATION

The core focus is on creating productive alliances between Industry and Academia in pursuit of excellent research and a route to market

Get access to national and international networks

Increase their capabilities by tapping into external knowledge

Produce better products, processes and services

Are more productive and typically grow faster than non-innovators

Get access to new markets and customers

Increase turnover and profits

Have access to qualified staff

Increase their reputation and visibility

Have greater options for funding new developments

SMEs that participate in Collaborative R&D Projects..

www.investni.com

Slide 7

INN

OV

AT

ION

SU

PP

OR

T

Developing CapacityProject Definition, TDI, Design

Driving new knowledgeCompetence Centres, Proof of Concept

Application of knowledgeOpen Access Facilities, Collaborative R&D

ImplementationGrant for R&D, Knowledge Transfer Partnership, SBRI,

Intellectual Property

Building Innovation awarenessInnovation Vouchers, Innovation Advice

Grant

for

R&D

Innovate

UK &

SFI

Patent

Box

R&D

Tax

credits

EU

H2020

R&D Solutions

Access to Skills

gEmployer Bespoke

Skills Solutions

Skills Growth Programme

Leadership Skills

MentorsCoachesNetworks

Pre-Employment Skills Solutions

Assured Skills

Access to External Skills

Non-Exec DirectorsBusiness MentorsInterim Managers

Collaborative Skills Networks

Sector Skills Solutions

Capital MarketsSoftware Testing

ICT Collaboration

Small Company Skills Support

Skills Accelerator GrantProductivity Improvement

HR Advice

Slide 8

R&D Tax Relief

UK Government has signalled its intent to have the most

competitive tax regime in the world by 2020

As well as receiving grant support, companies undertaking

R&D in Northern Ireland can also take full advantage of the

UK’s comprehensive R&D Tax relief regime

The tax credit scheme allows qualifying Research and

Development costs to be enhanced for company tax

computation purposes

R&D Tax Relief – in short

For every £1

spent on

R&D the real

cost to the

company is

just...

Patent Box

23% Tax

23%Tax

23% Tax10% Tax

unpatented products

routine return

marketing return

qualifying

Reduced 10% corp. tax rate for profits

attributed to patents

Relevant IP Income

1. Sales of the patented item or items incorporating it

2. Royalties from Licensing

3. Sales of qualifying patented rights

4. Infringement income

And:

5. Using a patented process to produce non patented

items

6. Using patented items to provide a service

Aims for Today

Turning failure into success

“It’s not about writing

a good proposal

It’s about defining

a good project....”

....convincing the evaluators

&

Winning the funding!

• 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; KTN, Enterprise

Europe Network and ERRIN

• Signpost you to further specialist events and advice (KTN, NICP,

NCP)

• Provide financial support for proposal preparation

Invest NI can help:

Eligible Costs

Labour

Consultancy Fees

Legal Advice Project Definition

Travel Costs

Invest NI Financial Support for Preparing

Collaborative R&D applications

You have already taken the next step by coming today!

Talk to us about your research needs – our services are free!

Think strategically - look medium to long term

Successful participation is often the culmination of a process, so be

prepared - join networks, be open to collaboration, come to

information sessions

Register as an evaluator - learn the process from the inside

Start early – sign up to “_Connect”, EEN websites, Horizon 2020

portal

What Next?

Team Contact Details

Invest NI R&D Collaboration Support Team

Richard Pelan (Innovate UK)

[email protected] Tel: 028 90698632

Michael Johnston (Innovate UK)

[email protected] Tel: Tel: 028 9068468

Pat Doyle (Innovate UK/SBRI)


Robin Humphreys (KTN)


Paul Matthews (Horizon 2020)


Andy Millar (Enterprise Europe Network)


mailto:[email protected]




