what innovateuk does

1. Innovate UK
Lech Rzedzicki
Lead Technologist, Data

2. About Innovate UK
 The UK’s Innovation Agency: a national body set up in 2007 to invest in
business innovation
 Works across business, universities and government
 Most staff come from business backgrounds
 Has a budget of over £400m/year
• £390m for 2012/13
• £440m for 2013/14

3. What we do
 Help strengthen the global competitive position
of leading businesses
 Identify and grow sectors and businesses with
the capacity to become the best in the world
 Nurture the businesses that can succeed in the
growth sectors of tomorrow

4. Facts and Figures
 Invested in ~3000 projects
 Working with >4900 companies and 110 universities
 >£120m of small business contracts awarded through SBRI
 >50,000 businesses on _connect
 >9,000 people participated at TSB events
• Every £1 invested returns:
 At least £3 for feasibility studies
 £9 for Smart awards
 Up to £35 for some areas of collaborative CR&D

5. Where we invest

6. Scale of Tools

7. Government Procurement
Exploratory Studies
SME funding in Digital
National Business Network
Expert R&D Centres

8. Thank you!
http://www.innovateuk.org