APPENDIX1:InnovationBoardStrategicProjectsProgressUpdate
IB2d ID1e Innovative Projects Fund Support the pipeline of good quality bids to the
Innovative Projects Fund.
Help to shape and develop bids which deliver
the Innovation Board’s strategic objectives.
IPF Call 1 (2018 Round) - Actual Spend to date is £295,234 (54.72%).
£63,650 has been claimed so far in this financial year. The total project spend to date is
£641,757.
Public match funding of £213,312 and Private match funding of £133,211 has been
recorded. 7 high Value Jobs created, 7 part time jobs created. 310 businesses have been
engaged in programmes.
IPF Call 2 (2019 Round) - £545,964 has been paid out to date. Private match funding of
£173,627 and public match funding of £614,860 has been recorded. 10 FTEs created (3
high value), 105 learners, 120 businesses engaged in programmes. 14 businesses
supported.
IB2e Restart
Plan
Innovation Marketplace: link up businesses with
commercial opportunities through a ‘brokering’
model.
Test and pilot an Innovation Marketplace,
working with BT to explore opportunities for
cross-sector businesses to enter into licencing
agreement to commercialise BT IP. Evaluate
outcomes of pilot.
No update to provide.
IB2f ID3b Identify mechanisms to leverage greater value and
productivity from enhanced commercialisation
opportunities between Norwich Research Park and
the existing business base to attracted inward
investment.
Develop bid to DIT for next High Potential
Opportunity (HPO) to unlock commercial
opportunities around health and ageing
society.
The round 2 application ‘Plant Science for nutrition’ to the HPO programme was
successful. A DIT led workshop took place across two, half-day session 20th & 21st July
to refine the specific commercial opportunity to be showcased, and to build the detailed
enabling case that underpins it. DIT produced a first draft slide deck which was shared
with partners on 19th October with a deadline for feedback of 5th November. Partners
are still working on case studies to add to the draft.
IB2g ID3c Working with leading UK universities who
specialise in complementary areas of strength in
sectors such as agri-food, clean energy, and ICT
Digital.
No updates to provide.
IB2h Restart
Plan
Investment Catalyst: to support scale-up/ high-
growth businesses in the region to gain support
and access to private sector investors and to
promote the region as an investible proposition.
To run the second Investment Catalyst
Programme incorporating learnings from the
first cohort. Businesses to have gained new
contacts and investment through the
programme.
A new investment platform, developed by Anglia Capital Group and CNTC, has been
launched to the investment community on a trial basis to help link up deals in the region
with potential investors. There are plans to develop this further in 2022 with marketing
campaign activity and a possible event to reinvigorate the Investment Catalyst post-
covid.
LIS/ ES
Code
Workstream
IB3 Connected Innovation – Ecosystem and Cluster Development
High Level Objective
Support the innovation ecosystem in Norfolk and
Suffolk, developing and promoting innovation
clusters.
What does success look like?
There are well-connected networks where innovators can easily access the right expertise, informally collaborate and share knowledge.
The region’s innovation hubs are connected, offering a cohesive package of support across different clusters. Norfolk and Suffolk’s
clusters and innovation assets are well known by people within the region and externally.
Measurable Key Result (SMART)
What is the output of the activity for
2020/2021
IB3a ID1a Innovation Prospectus: Publish an innovation
prospectus (digital and print) to link up and
promote innovation assets and activity.
Publish a prospectus which links up and
promotes the innovation centres in Norfolk and
Suffolk.
Promote the prospectus with a series of short
films and a social media campaign.
Innovation Prospectus now published and live on LEP website.
IB3b ID1a Connected Innovation: Connect up innovation
centres and assets opening up access which
encourages cross sector collaborations.
Scope out and develop a project which seeks
to join up the innovation infrastructure and
assets across the region.
Seek resources and funding to deliver the
project.
Steering group well established and driving collaboration around various opportunities;
programme of events being developed (with a focus on the 7 key technology families
identified by government's Innovation Strategy & bespoke hub events focusing around
thematic and sectoral opportunities); tender has gone out for additional content - case
studies and videos - to promote the hubs; discussion underway to further develop the NSU
website to ensure it is up to date, provides information on events and innovation support; and
tech suite installation progressing well at Hethel Innovation and OrbisEnergy.