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The smart way to innovate – Funding options for R&D and commercialisation in the food industry

The smart way to innovate – Funding options for R&D and commercialisation in the food industry. Obi Ezenwa. Agenda. 1. Brief background about Pera   2. What funding is available? 3. What is the EC looking to fund? 4. What are the key elements for funding?

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The smart way to innovate – Funding options for R&D and commercialisation in the food industry

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  1. The smart way to innovate – Funding options for R&D and commercialisation in the food industry Obi Ezenwa

  2. Agenda • 1. Brief background about Pera   • 2. What funding is available? • 3. What is the EC looking to fund? • 4. What are the key elements for funding? • 5. How do I go about the application process? • 6. Case study examples of previously funded projects • 8. Close

  3. Set-up in 1946 by UK government An international, multi-site research organisation An organisation owned by our sector/clients Typical research institute activities Technology transfer Technology valorisation Technology development Who is Pera?

  4. Five societal challenges – innovation is needed

  5. What funding is available?

  6. Background to EC Funding – Framework Programme 7 (FP 7) €53Bn available to help businesses develop new products and processes • Designed to enhance the competitiveness of Europe through collaborative research and supporting activity • 10 themes in total from food to space and security

  7. EC Priority thematic topics • Energy • Environment (including climate change) – €1800 million • Food, Agriculture, Fisheries, Biotechnology – €1935 million • Health – €6050 million • Information and Communication Technology • Nanoscience, nanotechnologies, materials and new production technologies • Security • Space • Transport (including aeronautics)

  8. Background to EC Funding - Why is there €53Bn from the EC? • Low labour rate competition • High-technology competition • Globalisation % EU15 Manufacturing Employment

  9. The barriers – Is there a smart way to innovate? • We don’t have the time • We don’t have cash to invest and can’t afford to take the financial risk • We don't have the facilities, equipment, know-how • Don’t have the contacts to take to market

  10. What is the EU looking to fund? • Blocks of between €1500k & €3500k are available to fund • Your new product, process or service development • Your improved supply chain development • Your strategic customer relationship development • Your promotion of new offerings in new markets • Minimise your investment & risk • Without diluting equity or IPR

  11. What is the EU looking to fund? • KBBE • Processed foods with lower salt, fat and sugar content • Safety and quality of ready-to-eat foods • Novel biotechnological approaches for transforming industrial and/or municipal biowaste into bioproducts • Sustainable management of agricultural soils in Europe for enhancing food and feed production and contributing to climate change mitigation • And more.......... • Research for the benefit of SMEs \ Associations • Any scientific or technology area

  12. €1.45m total project value Norsk Gardsost is a sector organisation for traditional cheese-making. A Barrier for preventing pathogenic bacterial growth in cheese from non-pasteurized milk

  13. What are the key elements for funding? Is there a NEED? Why can’t you just do it? How is your solution going to satisfy this NEED? Why is your solution better than existing solutions?

  14. What are the key elements for funding? PESTLE Political Economic Social Technology Legislation Environmental

  15. How do I go about the application process? BEFORE YOU START • Techno-economic validation • Novelty verification, patent reviews • Risk DECISION MADE TO MOVE FORWARD WITH AN APPLICATION • Concept surgery, concept development • What is our solution? • Who are the best people to deliver? • How will we take it to market? • WRITE THE PROPOSAL / RECRUIT PARTNERS • INTERNAL REVIEW • SUBMIT THE PROPOSAL TO BRUSSELS

  16. The process • Feedback from EC, score out of 15 • Contract negotiation • Documentation collation, partner due-diligence • Consortium agreement is signed • Advance EC funds to project bank account, distribution to partners • Project start

  17. EC evaluation criteria • Scientific and technical excellence • Quality and efficiency of the implementation and the management • Potential impact through the development, dissemination, and use of project results

  18. Deliverables • Mid-term : proof of science • Final deliverable: pre-production prototype or demonstration rig • Funding for exploitation and dissemination activities • Project success criteria? • Are you making money as a result of the project?

  19. The process - downside • About 6 man-months effort to prepare an EU application • The chances of securing funding can be less than 10% • Bureaucratic to secure and manage contract

  20. €2.28m total project value Healthy high-fibre / low salt baking process based on the use of European Barley flour NBL - the Norwegian Federation of Food and Drink Industry as route to Market

  21. FP7 Website http:cordis.europa.eu/fp7

  22. Summary • Innovation is essential to compete in global markets • EU government grants available to help companies • Difficult to win the grants • Help is available to help you access the grants and develop products for you

  23. Thank You

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