The University Innovation and Enterprise Centre Dr Ceri Williams Director of Innovation and...
-
Upload
amos-wilson -
Category
Documents
-
view
213 -
download
0
Transcript of The University Innovation and Enterprise Centre Dr Ceri Williams Director of Innovation and...
The University Innovation and Enterprise Centre
Dr Ceri Williams
Director of Innovation and Enterprise Partnerships
19th September 2014
My Background
• Effective Broker with a Track Record in Value Creation
• Economic development
• Innovation leadership
• Strategic leadership
Director of Innovation and Enterprise Partnerships
Vision for UIEC
To establish the University of Leeds as a global leader in innovation and enterprise that delivers societal and economic benefit for the UK.
The University Innovation and Enterprise Centre is an ambitious initiative that seeks to grow global leadership in key technology areas, resulting in
• £75m of new research and innovation funding • create 50 new high-tech businesses• generating £1bn new income to the Leeds City
Region.
Ambition to Deliver Value
The University Innovation and Enterprise Centre is an ambitious initiative that seeks to grow global leadership in key technology areas, resulting in
• £75m of new research and innovation funding • create 50 new high-tech businesses• generating £1bn new income to the Leeds City
Region.
Not a simple task…..
Ambition to Deliver Value
What is Innovation and Enterprise?
• Development of research capability to address future opportunities
• Development of applied and translational research
• Commercial research and fee for service contracts
• Consultancy
• Development, management and successful commercialisation of Intellectual Property through spin-out companies and through license deals
• Development of corporate/strategic partnerships
• Continuing Professional Development and Executive Education
• Development of student start-up companies
• Development of social enterprises
• Development of enterprise and innovation capability in staff and in students
The Aims of UIEC
• Create a high profile gateway and effective structure to deliver a step change in innovation and enterprise activities in Leeds
• Become UK leading in establishing successful new start-up companies
• Establish a UK leading environment for innovation and collaboration
• Maximise the societal impact and profile of Leeds’ innovation and enterprise activities
• Track record of successful commercialisation
• Significant under supply of innovation capacity in the City
• Renewed confidence in Venture Capital and other business investors
• New Strategic Plan and commitment from the University
Why Leeds?Why Now?
Lack of innovation hampering SMEs' potential
5th September 2014
"Innovation is a critical part of many firms growth strategies and yet our survey has highlighted that the ability to be innovative is a stumbling block for many businesses in the region. Less than a quarter of the local companies we talked to felt that they are sufficiently innovative. As the economy continues to gather pace, we need to prioritise the creation of a business environment that encourages the commercialisation of new ideas.”
Successful Commercialisation Track Record
Over 100 companies since 1995
7 market listed companies Spin-outs employ over 600
staffCompany value over £450m
60+ technology licencesKeracol
Technologies that ‘change the World’
a pain-free treatment that allows decayed teeth to repair themselves naturally. The breakthrough would mean the end of the filling and, more importantly, drilling
The deadly defence system of a tiny African beetle has inspired award-winning research into a new generation of technology.
....materials are now produced commercially, under the trade name of Curv, by Propex Fabrics under a licensing agreement from the Leeds.....
‘Pig patch’ ends risk of patient’s body rejecting transplant
Relationship with IP Group
Assessment
Evaluation
Incubation Seedcorn
Investment
Organic Growth /
IPO / acquisition
• Commercial
• Technical• IP• Industry• Value
Proposition
• Commercial
• Technical• IP• Industry• Value
Proposition
• Company creation / infrastructure
• Grub funding• Strategy dev.• Business dev.
• Company creation / infrastructure
• Grub funding• Strategy dev.• Business dev.
• Routes to market
• Management• Seedcorn
funding• Dedicated
Leeds Fund
• Routes to market
• Management• Seedcorn
funding• Dedicated
Leeds Fund
• Access to capital markets
• IPO• Industry
partnerships
• Access to capital markets
• IPO• Industry
partnerships
High Value
Chemicals
Transport
Healthcare
technologies
Stratified
Medicine
Medical
technologies
Pharma &
biopharma
Healthcare
Services
Cultural &
Creative
economy
Food
Social
Care
Energy
WaterClimate &
Geo Hazards
Financial &
professional
services
Digital
Economy
Smart SpecialisationInnovation Hubs
Enterprise Strategy Map
• ‘The Enterprising University’ in Russell Group• By engaging supporters, building capabilities & delivering
exceptional enterprise opportunities to our students & graduates
Small Business Charter Award
• Lord Young’s ‘Growing Your Business’ report
• Witty Review report on universities & growth – Smart Specialisation
• Role of Business Schools (universities as anchor institutions) actively supporting student enterprise and small businesses in the region
• Gold Award
• Launching 2014 with Royal Charter status
How Will UIEC be Delivered?
University Innovation
and Enterprise
Centre
Café exhibition and networking space to foster collaborations
Shared Innovation Management Systems
Defined system to capture economic and societal impact
Dedicated labs and office accommodation
Events programme
Investment partner pool
Incubation programmes
Professional service partners
Clear exit strategy and grow-on
Support for new high tech start-ups
Dedicated innovation capability
Support for graduate entrepreneurs
Develop innovation and enterprise capability
Promotion of key research strengths
Support and £ to drive collaboration
Mechanisms to attract new companies
Strategic partner development
Routes to access UK and EU funding
Intelligence on future research priorities
Enhanced connections to Alumni
Access to mentors
Enhanced access to LCR opportunities
Showcase innovation and impact
Clear brand and profile
Delivering the Gateway
The New Centre
Next Steps
• Developing the building specification for UIEC
• Refining the revenue support programme and how this integrates within the university
• Working with key teams within the University
• Establishing governance processes
• Defining the business model that will generate income that can re-invested in future growth
• Exploring opportunities for partnering and co-investment
• SOC University Council Nov 2014
• UIEC Open for business 2017
Thank you for listening
I do want to hear so please do get in touch
Tel: 0113 3430922