Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding &...

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Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22 nd November 2017 Esplora, Triq Marina, Il-Kalkara [email protected]

Transcript of Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding &...

Page 1: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Funding & Support of the Industry’s Innovative Ideas

Dr James Foden, MCST

Wednesday 22nd November 2017

Esplora, Triq Marina, Il-Kalkara

[email protected]

Page 2: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Agenda

• Introduction & Malta’s National R&I Strategy 2020

• Background to R&I Programmes

• Commercialisation Voucher Programme

• Technology Development Programme

• Other opportunities

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Page 3: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

The Malta Council for Science & Technology

• Government advisory body

established in 1988

• Management &

administration of National R&I

Programmes

• Responsible for National

Strategy and Policy within

Research and Innovation

(R&I)

• H2020 Unit

• Science Popularisation

Linking Academia and the Maritime Industry towards Integration, Innovation and Common Goals

Page 4: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Malta’s National R&I Strategy 2020

• Aims to build an enabling framework for R&I in Malta

• Focuses on supporting indigenous R&I coupled with

strategic international cooperation

• Focus on applied research and experimental development

• Adopts wider conceptual understanding of ‘innovation’

• Seeks to achieve three mutually-reinforcing goals

1. a comprehensive R&I support ecosystem

2. a stronger knowledge base

3. smart flexible specialisation

• Health (focus on e-health, active and healthy ageing)

• Resource-efficient buildings

• High value-added manufacturing (focus on process and

design)

• Aquaculture

• ICT-based innovation (focus on health, digital gaming,

financial services and tourism product development)

• Tourism product development

• Maritime Services

• Aviation and aerospace

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Why Maritime Services as a Smart Spec Area?

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• Mature economic sector, historic legacy & world-level profile

• Diverse with wide range of services, but fragmented

• Scope to improve clustering of maritime services to provide

more integrated, new and improved services

• Drive to become a maritime hub and to foster innovation in

maritime engineering, ICT, design and services

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• Importance of determining the commercialisation potential of

proposed innovative solutions, prior to embarking on R&D

• Ensure that R&I Funds are spent on ideas which are innovative and

have a potential of making it to the market

• In 2013/4 a Commercialisation Voucher Programme (CVP) was

launched

• As from 2014, the Technology Development Programme (TDP) was

dependent on the outcomes of the feasibility studies on IP, Market

Research, Product Costing, Economic Impact and Risk Profile of

the proposed research idea

Linking Academia and the Maritime Industry towards Integration, Innovation and Common Goals

Background on R&I Funding

Page 7: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Commercialisation

Voucher

Programme:

The feasibility

assessment of

eventual

commercialisation

potential, prior to

embarking on

research

Technology

Development

Programme:

Follow-on

programme,

supporting 1-3

year research

projects through a

public-private

consortium

Since 2004,

disbursed €12M

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The National R&I Programme

Page 8: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Since 2004,

disbursed

€12M

Programme Total Proposals Available

Budget

Total Projects Funded

2014 14 €1.6M 12 CVP

2015 to

present

~ 50 CVP

& 14-18 TDP yearly

€1.6M yearly 16 CVP + 6-8 TDP yearly

2018 Budget

• The funding towards FUSION has been boosted up

to €2.2 M

Increasing the number of funded projects!

Background on R&I Funding

Page 9: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Commercialisation Voucher

Programme (CVP): € 17K 1. Intellectual Property Check

2. Market Research and Product

Development Costing

3. Economic Impact and Risk profile

Technology Development

Programme (TDP): € 195K

+ € 5K for a dissemination event at Esplora

Optional Vouchers: €24K

- Initial Patent

Application

- Business Plan

- Investors Meeting

Ma

x.

8 m

on

ths

M

ax

. 3

ye

ars

Page 10: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Commercialisation Voucher Programme

Page 11: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

• Consortium ( public + industrial entity)

• Duration: 1 – 3 years (each stage maximum of 12

months)

• Maximum project grant: 195K ( +5K dissemination)

• Industry must co-finance their costs at a rate of 25%

• System of pre-financing

• Thresholds on how budget is distributed (between

partners, stages and line items)

• Personnel

• Equipment

• Subcontracting, etc.

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Technology Development Programme

Page 12: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Innovative Photovoltaics on Water (Solaqua) Project coordinator:

• University of Malta

Partners:

• Pandia Energy Malta Ltd.

• General Membrane (Malta) Ltd.

Awarded: €199,702

Duration: 3 years

Abstract:

Looked at offshore PV installations that can be deployed safely and with the

same generation cost as land based systems.

Innovative ways of deployment at sea using conventional panels were

researched together with the design of PV panels specifically for floatation.

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Page 13: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Offshore Passive Photovoltaics (OPPV)

Project coordinator:

• MCAST

Partners:

• Econetique Ltd.

• Malta Mariculture Ltd.

• Mining Innovation Rehabilitation and Applied Research

Corporation (foreign parnter)

Awarded: €199,018

Duration: 2 years

Abstract:

Installation and testing of an 8kWp PV array deployed offshore .

Flexible amorphous silicon photovoltaic modules mounted directly on the

surface of the sea are used.

Linking Academia and the Maritime Industry towards Integration, Innovation and Common Goals

Page 14: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Development of a Hydro-Energy Storage System for Offshore Multi-Purpose

Floating Platforms (Flasc)

Project coordinator: University of Malta

Partners: Medserv p.l.c

Awarded: €193,206 (+ €5k dissemination event)

Duration: 3 years

Abstract:

Developing a new concept for storing energy at sea using a floating platform

with an integrated hydro-pneumatic accumulator. This will also serve as an

interface between the off-shore renewables and grid to smoothen the

intermittent output. Energy will be stored in order to be utilised during

periods of high demand.

Initial Patent Application Voucher

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Page 15: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

• Internationalisation Partnerships Awards Scheme

(IPAS)

• Space Research Fund

• International Bilaterals

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Other opportunities

Page 16: Funding & Support of the Industry’s Innovative Ideas Dr James … · 2018-01-18 · Funding & Support of the Industry’s Innovative Ideas Dr James Foden, MCST Wednesday 22nd November

Thank you

Contact emails for CVP and TDP:

[email protected]

[email protected]

[email protected]

Contact email for IPAS:

[email protected]

Linking Academia and the Maritime Industry towards Integration, Innovation and Common Goals