about scottish enterprise

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1 Scottish Enterprise is Scotland’s Enterprise, Innovation and Investment agency. We are driven by Scotland's key industries to help build a world class economy. We continue to help establish a better business environment for growth companies. We deliver a range of activities locally, nationally and internationally to encourage enterprise, stimulate innovation and lever investment in Scotland. We share risk with partners to maximise our contribution to the Government Economic Strategy and its challenging growth targets. out Scottish Enterprise

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About Scottish Enterprise. Scottish Enterprise is Scotland’s Enterprise, Innovation and Investment agency. We are driven by Scotland's key industries to help build a world class economy. We continue to help establish a better business environment for growth companies . - PowerPoint PPT Presentation

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Page 1: About Scottish Enterprise

1

Scottish Enterprise is Scotland’s Enterprise, Innovation and Investment agency. We are driven by Scotland's key industries to help build a world class economy. We continue to help establish a better business environment for growth companies.

We deliver a range of activities locally, nationally and internationally to encourage enterprise, stimulate innovation and lever investment in Scotland. We share risk with partners to maximise our contribution to the Government Economic Strategy and its challenging growth targets.

About Scottish Enterprise

Page 2: About Scottish Enterprise

2

TextilesAerospace,Defence &

MarineConstruction

ForestIndustries

Other Growth Industries

Key Sectors

Creative Industries(Digital Markets)

Energy

Life Sciences

Financial & Business Services

Food & DrinkTourism

Enabling Technologies

Enabling Technologies

ChemicalSciences

Universities

Our Industry Focus

Page 3: About Scottish Enterprise

PROSPEKT

Maximising the commercial and economic impact of Informatics for Scotland

John MurraySenior Project ManagerScottish Enterprise

Page 4: About Scottish Enterprise

Strategic FitStrategic Fit

• In support of the Scottish Government’s economic strategy for sustainable economic growth, our Informatics commercialisation programme is a nation-wide “Knowledge Triangle” alliance consisting of the most excellent academic, industry, public sector and entrepreneurship partners that will generate a cumulative contribution to Scotland’s GDP (Gross Value Add) of £128 million by 2016.

Page 5: About Scottish Enterprise

How did we do it?

From the Vision in 2005 Through 2006 and 2007

http://www.youtube.com/watch?v=YKUpmxY8GQY

To the reality in 2010

http://www.youtube.com/watch?v=O9u7XWfx_lc

Page 6: About Scottish Enterprise

£49M Programme funded by University, Government and SE

• Scottish Enterprise support for PROSPEKT (Commercialisation)

– Approval of £5M gross (2006-11) towards the capital and revenue costs of

enhanced informatics commercialisation activities

• Scottish Government support for FORUM (Building)

– Approval of £14M gross (2005-08) gap funding towards the construction costs of

a new, purpose built informatics research facility

The Intervention : £19M of Public Sector funding to place Scotland at forefront of Informatics research, teaching and its commercial exploitation

Page 7: About Scottish Enterprise

StructureIndustry, Trade Body and SE PROSPEKT Programme Board

Heads of Institute, ERI, Court

COMMERCIALISATION PROJECT

(£4.9m) (£3.3m)

Knowledge & Technology

Transfer(£2.6m) (£1.5m)

Entrepreneurship&

Culture Change(£0.5m) (£0.3m)

PR, Brand & Public Outreach

(£1.8m) (£1.5m)

1. Informatics Contribution (Right bracket)

2. SE contribution (Left bracket)

£8.2M over 5 years

£4.1M £0.8M £3.3M

UoE StrategySE Strategy &

Contract

Knowledge Triangle GovernanceKnowledge Triangle Governance

£1.00= RD$57.11;1.54 USD;1.14 EURO

Page 8: About Scottish Enterprise

www.inf.ed.ac.uk

Some CollaboratorsSome Collaborators

Page 9: About Scottish Enterprise

Outcomes since July 2006Outcomes since July 2006

• 250 individuals received entrepreneurship education.

• 41 new companies “in the pipeline” [pre-incorporation]

• 16 new Companies formed

• 39 collaborative agreements reached

• £27m of additional research funding;

• £1.75m of industrial research funding;

• Substantial engagement with Executives of Scottish companies

• 46 collaborative agreements signed with Scottish companies;

• 42 additional research staff and 72 additional post graduate researchers

• 13 Major International Conferences;

• Assisting 23 Proof-of-Concept projects at entrepreneurship events and through 1-2-1 Business Development Manager support

£128m GVA by 2016

Meeting or exceeding 10 year

targets at the 4 year point on

all but a few measures.

What’s the economic impact for Scotland?

http://www.youtube.com/watch?v=2TjlhKIPOmQ

Page 10: About Scottish Enterprise

Knowledge Triangle Evolution (excluding building works)

PROSPEKT(Informatics)

£8.3MInformatics

Ventures£3.7M

SICSA+KE£29M

TransFICS€100M

BioQuarter(SULSA)

£17M

Energy (SRPE)

£?M

1M

10M

100M

05 06 07 08 09 10

Partnership Programmes

Leveraged Funding from

Academia

Funding/Research Councils

Public Sector

Regional Development

Industry + others

Year

Funding (£)

Converge(SRPE)

£4M

Page 11: About Scottish Enterprise

A Beacon for Scotland

Page 12: About Scottish Enterprise

Appendix

• Supporting slides

Page 14: About Scottish Enterprise

How much did the commercialisation programme cost?How much did the commercialisation programme cost?

Industry and Economic Development Agency

PROSPEKT Programme Board Researchers and Technology Transfer

COMMERCIALISATION STRATEGY

(£4.9m) (£3.3m)

KNOWLEDGE & TECHNOLOGY

TRANSFER(£2.6m) (£1.4m)

PEOPLE &

CULTURE(£0.5m) (£0.3m)

PR, BRAND & PUBLIC

OUTREACH(£1.8m) (£1.5m)

Commercialisation Team(£0.9m) (£0.9m)

Team Support£0.4m (£0.2m)

Industry Collaboration Space & Offices

£1.1m (£0.1m)

Industry Events and Networks

£0.2m (£0.2m)

Entrepreneurship(£0.3m) (£0.1m)

Student Industry Placements(£0.1m) (£0.2m)

Change Programme (£0.1m) (£0m)

PR, Brand (£0.2m) (£0.3m)

Alumni Relations (£0.5m) (£0.3m)

Conference Support(£0.3m) (£0.1m)

Roadshow(£0.7m) (£0.5m)

Public Outreach(£0.1m) (£0.3m)