space for growth competition update

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Update for TSB 'Space for Growth' innovation competition, showing division by entrant size and sector.

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Page 1: Space for Growth Competition Update

Driving Innovation

Tim Just Lead Technologist – Space and Satellite Navigation [email protected]

NSTP Space for Growth Competition –

Analysis of Applicants

Page 2: Space for Growth Competition Update

Driving Innovation

Funding (50%) for Collaborative Research and Development with the Space Sector that will: 1. Exploit the Growth opportunities

Identified in the Space Innovation and Growth Strategy

2. Promote Sustainable Economic Growth

3. Encourage Use of the open innovation culture established by ISIC and supporting infrastructure

Cofunded by UKSA and SEEDA

Page 3: Space for Growth Competition Update

Driving Innovation

NSTP Space for Growth

• Fastrack – £50k to £100k – Six to Nine month project duration

• Flagship – Up to £2m – One-to-two year project duration

Page 4: Space for Growth Competition Update

Driving Innovation

Timeline

• Assessors Selected and briefed • Successful Applicants will be informed 1st

Feb for Fast track 2012 • Successful applicants for Flagship EOI round

will be invited to second stage on 16th January 2012

• Flagship projects selected and informed 30 March 2012

Page 5: Space for Growth Competition Update

Driving Innovation

Number of Applicants

• Fastrack – 54

• Flagship

– 11

Page 6: Space for Growth Competition Update

Driving Innovation

Strong SME participation (45%)

55% 26%

5% 14%

SME Engagement (Leads)

LargeSMEMicro SMESmall SME

Page 7: Space for Growth Competition Update

Driving Innovation

OVERALL Split by Roadmap area

SatellitetelecommunicationsSensing

Position, navigationand timingAccess to space

Robotics andexploration

Page 8: Space for Growth Competition Update

Driving Innovation

Fast Track Split by Roadmap area

SatellitetelecommunicationsSensing

Position, navigation andtimingAccess to space

Robotics andexploration

Page 9: Space for Growth Competition Update

Driving Innovation

Flagship Split by Roadmap area

SatellitetelecommunicationsSensing

Position, navigationand timingAccess to space

Robotics andexploration

Page 10: Space for Growth Competition Update

Driving Innovation

www.innovateuk.org