20131009 Enterprise Ireland Innovation Partnership Programme Declan McGee
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Enterprise Ireland is the government organisation responsible for the development and growth of Irish enterprises in world markets. We work in partnership with Irish enterprises to help them start, grow, innovate and win export sales on global markets. In this way, we support sustainable economic growth, regional development and secure employment.
Transcript of 20131009 Enterprise Ireland Innovation Partnership Programme Declan McGee
A Company based in Ireland . . .
…. that is targeting new or improved products, processes,
services, knowledge or know-how…
INNOVATION PARTNERSHIP
…can access expertise from research
teams across Ireland…
TCD UCD
NUIG WIT
DCU
UCD
AIT
NUIM
…and up to 80% of the research
costs can be paid for by the …
The Innovation Partnership Programme supports
the company through funding towards the cost of
accessing top Irish Academic Institutes to do R&D
work relevant to the company.
A company that has identified a commercial
opportunity for an innovative product, process or
service that it needs to develop.
(clients of EI, IDA, CEB, Udaras)
That company does not have the relevant
resources in terms of skills, experience,
headcount or revenue to manage the R&D
work alone.
GAP
WHO USES IT?
FUNDING AVAILABILITY
• 40 Innovation Partnerships funded so far
• Over €5 million approved
• Target 60 Innovation Partnerships
• Funding for good projects is available
• Similar levels of funding next year
2013
FUNDING AVAILABILITY
• Average cost of project €202,000
• Average Enterprise Ireland spend per project €125,000
• Company contribution average €77,000 (€41K cash; €36K in kind)
• 2/3 Enterprise Ireland 1/3 IDA Ireland Companies
2013
2008-2012 TECHNOLOGY AREAS
Industrial
Collaborative
Research
Experimental
Collaborative
Development
Every company partner will be expected to pay 20% of the project costs in cash
80%
60%
75%
50%
Type of Research Small Company
Medium Company
Large Company
65%
40%
FUNDING RATES
Small 1–50
employees
Annual Turnover
and/or Balance Sheet
Not exceeding
€10M
Medium 50–249
employees
Annual Turnover
Not exceeding
€50M
Balance Sheet
Not exceeding
€43M
Large Greater than
250 employees
Annual Turnover
Greater then
€43M
If a company is part of a group the employee, turnover, annual balance sheet and ownership limits
apply to the group.
COMPANY SIZE
Outline Proposal
Full Proposal IRCC
Commercial Logic
Programme Remit
Good Academic Match
DA
IPP Team
Technical Assessor
Commercial Assessment
Programme Remit
Technical Assessment
APPLICATION PROCESS
Innovation Partnership Process
Feasibility Study
Full Proposal
Technically Feasible
De-Risk Tasks
100% EI Funded
Not a ‘Bigger Voucher’!
€9,000
2 weeks to 6 months
Fast Approval
Map IP Landscape
INTELLECTUAL PROPERTY
• Refer to Policies and Procedure
document (pages 27-43).
• Heads of Agreement must be
agreed between Company and
Technology Transfer Office
and submitted to Enterprise
Ireland as part of the project
approval process.
• Heads of Agreement must be
signed before funds released.
71% of participant companies surveyed said that
their objectives were largely or fully achieved
2/3 of clients transformed their marketing
plans after completing their projects
96% of respondents would be willing to
recommend the Programme to other businesses
Each €1 of funding invested by EI delivered
€7.71 Net Turnover Impact at company side
Source: Independent Evaluation by Frontline Consultants (UK)
PROGRAMME EVALUATION
OTHER FUNDING
• Build Links between Small Business and Knowledge Providers
• Exchanged for Advice and Expertise
• Valid for 12 Months from issue
• 3 calls per year – Current Call Closes on 9th October
• Mike Dolan 01 727 2401 or www.innovationvouchers.ie
• May lead to Innovation Partnership Project
More information
Declan McGee
T: 01 7272668
M: 087 9809883
Cormac Cantwell
T: 7272517
Web: www.enterprise-ireland.com/ipp
