Transcript of The Higher Education Innovation Fund Vinnova and British Embassy seminar 21 March 2006.
- Slide 1
- The Higher Education Innovation Fund Vinnova and British
Embassy seminar 21 March 2006
- Slide 2
- The aim of the Third Stream (Mission) That all Higher Education
institutions are committed to making an active and effective
contribution to improving both the performance of the UKs knowledge
base, and the overall innovation performance of the economy for the
social and economic benefit of the UK
- Slide 3
- The HE Innovation Fund (HEIF) To increase HEIs capability to
respond to the needs of the economy and society For - impact on UK
innovation performance Through a wide range of knowledge transfer,
seed funding, enterprise education
- Slide 4
- General Issues Demonstrating value for money Delivery of
benefit, not maximising income Developing economic and social
impact Needs useable indicators for both Unlocking resources of
diverse HE sector Need and scope for all HEIs engagement
- Slide 5
- HEFCE -Third Stream Scope COMMUNITY PUBLIC SECTOR CULTURAL
LANDSCAPE BUSINESS Competitiveness, Growth Efficiency, Cohesion
Cultural Enrichment & Quality of Life Resources &
Opportunities PRIVATE SECTOR SOCIAL & CIVIC ARENA ENHANCING
INNOVATION & PRODUCTIVITY DELIVERING ECONOMIC & SOCIAL
BENEFIT NB This represents scope not scale
- Slide 6
- Case studies/Good practice Strategic direction and preparation
for change Organisational change Internal standards and procedures
Marketing Partnerships (non HEI) Results and evaluation
http://www.hefce.ac.uk/reachout/casestudies/list.htm
- Slide 7
- HEIF 3: Core Principles National scheme + regional dimension
Focus on promoting direct and indirect economic benefit to the UK
Not for funding profit making actions Majority (75% of main fund)
by formula Additional (25%) by competitive bidding
- Slide 8
- HEIF 3 Overall 218 million main fund, 2006 to 2008 Up to
further 20 million for Centres for Knowledge Exchange activity
(2006 to 2008) Continuing support and development of the third
stream role for all HEIs Embedding change and enterprise as
relevant for each HEI
- Slide 9
- Formulaic Element Core Funding, 164 million Every HEI (130) has
received an allocation released by institutional high level plan
Continue/broaden current good practice Extend and develop
successful HEIF actions Collaboration strongly encouraged
- Slide 10
- Structure of the Formula Three formula components:
Capability/potential (academic FTE) Demand side (external income)
Basket of activities to reflect delivered benefit and the diversity
of the HE sector Modifiers:- minimum 200 thousand - maximum 3
million - transition factor
- Slide 11
- Competitive element Two stage bidding process 90 bids received;
23 going to second stage 54 million, not a top-up for previous
action Limited number of awards from 3 to 5 million Impact is
vital; innovation very important Collaborate within and beyond
England HEIs
- Slide 12
- HE-Business and Community Interaction SURVEYS UK Surveys
annually from 2001 Setting baseline, identifying trends
Evolving/testing measures and benchmarking Potential to inform
funding decisions & CSR Informs HEIs management information
Business includes companies and public sector et cetera
- Slide 13
- Selected deductions from 2005 HEBCI (2003-04 data) Large
increase in licences granted (due, in part, to 2 HEIs) Slight
decrease in IP and Contract Research income Increases in
Collaborative Research (541 million) and consultancy (211 million)
70% of HE Governors from B&C (34% business) Over 5,200
dedicated third stream staff 300 million CPD income & 215
million regeneration income Only 12% of HE institutions have no
formal process for managing third stream activity 90% have
dedicated enquiry point for SMEs Over 10,000 staff days for free
public lectures (>1,000 for chargeable events)
- Slide 14
- Selected data from 2005 HEBCI survey
- Slide 15
- Evolution of third stream funding CULTURE CAPABILITY CAPACITY
OUTPUT OUTCOME IMPACT HEIs - and their activities - will be at
different stages on this trajectory... Refresh, refine and review
Sustainable Strategy
- Slide 16
- Next steps? Overall Strategy Third stream as second mission for
some Creative Industries and other sectors UK Spending Review
- Slide 17
- ANNEX Background information
- Slide 18
- REFERENCES HEFCE web pages www.hefce.ac.uk/ HEFCE business and
community web pages www.hefce.ac.uk/reachout/ HE-business
interaction survey web pages www.hefce.ac.uk/reachout/hebi/
- Slide 19
- HEROBC HE Reach-out to business and the community fund Jan 2000
to July 2004 in two phases 92 million, 135 awards, 15 consortia
Awards (generally) from 100 thousand to 1.1 million First formal
third stream funding for many HEIs; includes Business Fellowships
Awards to fund HEIs own plans
- Slide 20
- HEIF 1 HE Innovation fund first round Three years from Jan 2002
78 million, 89 awards, 16 consortia Awards (vs plans) from 250
thousand to 5 million Co-ordinated with University Challenge and
Science Enterprise Challenge (UC and SEC) Often knowledge-transfer
focused
- Slide 21
- HEIF 2 HE Innovation Fund second round For all sizes and
research profiles: - global reach, local/regional impact
Incorporating seed funds and enterprise training Total 186 million
2004 to 2006 Includes 22 Centres for Knowledge Exchange 124 awards,
46 collaborative
- Slide 22
- Centres for knowledge exchange activity Knowledge
Transfer/skills development 22 centres in 2004-06 (potentially
beyond) under HEIF 2 Scope for less research-specialist HEIs
Deploying knowledge from a range of sources, as needed Up to 500
thousand per year each for up to 5 years
- Slide 23
- HEACF HE Active Community Fund HE student and staff
volunteering For generic skills development, working with
not-for-profit organisations 37 million total conditionally
allocated by formula across all English HEIs 2002 to 2006; now
extended to 2009 Volunteer awards scheme