Developing a Strategy for Industrial Biotechnology and Bioenergy in the UK

Transcription

1 Developing a Strategy for Industrial Biotechnology and Bioenergy in the UK

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3 ORBIS (BvD) / RSM, 2017 Data

4 Strengths UK research base Well dispersed, regional, IBBE community Highly networked Innovation driven by the agility of small firms High quality research infrastructure V s Weaknesses Access to demonstration facilities Poor commercialisation No dedicated IB funding stream Finance fragmented Lack of a UK IB policy framework

5 Opportunities Industrial Strategy BBSRC NIBB Phase II Emerging sector investment V s Threats Lack of understanding of IB Changes in government Brexit

6 External Environment IBBE Policy that transcends politics Funding & Access to Finance Availability of dedicated IB finance for business growth & innovation across TRLs Infrastructure and Regional Footprint IBBE recognises its potential as a key contributor to regionally driven UK economic growth & scientific expertise Trade, Inward Investment & Commercialisation Regulations & Standards UK is internationally recognised as a part of the IBBE value chain, for IBBE expertise, in low cost, high quality innovation. UK is recognised internationally for innovation within a robust regulatory framework Skills IBBE is recognised as an attractive career option, with multiple entry points Communication Societal recognition of benefits of IBBE Advocates for IBBE

7 Phase 1: 2018 Short Term 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 External Environment Industrial Strategy Bioeconomy Sector Allignment with Clean Growth Strategy Allignment with Bioeconomy Strategy Allignment with Bioeconomy Strategy Funding Support f or IB projects in generic calls (e.g Newton f und) Dedicated IB funding to be reinstated Database of VC in IBBE arena/ Build relationship w ith global VCs and Angel investors Funding & Access to Finance Collaboration Policy NIBB / IBLF respond to bioeconomy strategy and sector deal Joint government/industry initiatives (including BEIS) to fund small number of large projects ( 10-50m) ISCF Work with Continuity provision for BIA to e.g. BDC, BioPilots, promote NIBB IBBE Dedicated IB funding to be reinstated Overcomming Barriers IBLF & NIBB to work together in responding to the current BEIS Patient Capital Rev iew Learn lessons from international Bioeconomy/IB strategies Infrastructure and Regional Footprint Trade, Inward Investment & Commercialisation Strategy Community Expansion Accessibility SME Support IBBE Sector Partnerships Global Opportunity BEIS to identify long-term UK-wide IBBE strategy infrastructure IBBE strategy review Expand IBLF IBLF IBBE (strong IBBE Infrastructure advocate) sub-group UKRI & IUK Collate and improv e promote UK f inancial f acilities support to SMEs f or IBLF establishes a Dedicated accessing panel of experts in pumppriming/confiden inf rastructur manuf acturing existing IBBE adv anced e av ailable to support ce building SME use of funding inf rastructure Establish IBLF panel of IBBE Promote success stories in IBBE commercialisation sector to demonstrate R.O.I industry experts to advise SMEs UKRI IBLF, NIBB & DIT UKRI scopes feasibility & benefit to UK scope international export Plc of exporting UK scientific expertise markets borderless value chain IBLF IBBE Infrastructure sub-group UKRI & IUK improve financial support to SMEs for accessing existing infrastructure UKRI IBLF, NIBB & DIT scope international export markets Large Companies Large companies help SME to leverage international finding Identify & incentivise future indigenous anchor businesses to engage in Government policy development Regulations & Standards Simplification Alignment with Innovation Review existing regulatory frameworks. Assess post-brexit implications & adjust UK regulatory landscape accordingly - evidence-based approach. Establish Regulation for Innovation Working Group so that regulations match advances in capablity Establish Regulation for Innovation Working Group Support businesses to navigate regulatory requirements Risk Management Developn strategy for legislation of new materials and safety of IBBE ingredients Simplify GMDI labelling Skills SME Support In HEIs In Industry Support businesses to navigate regulatory requirements, especially SMEs Analysis of where we are now in IBBE training, learn lessons from successful programmes, e.g. AMRC apprenticeships Industry up-skilling and crossskilling strategy Examine w here informed risk management techniques can be implemented w ith respect to emerging technologies Develop IBBE degree apprenticeships, via catapults UKRI & NIBB establish a programme for seconding early career academics into industry Develop IBBE degree apprenticeships, via catapults Industry up-skilling and crossskilling strategy Government/ Policy Makers Work with e.g. BIA, BBIA Celebrity endorsement Communication Investor IBBE Community IB Pitch event Aw areness of funding available NIBB, BDC, KTN, DIT delegation to IB World congress IBLF fund permanent coordinator for IBBE One IBLF member to be sponsor for each NIBB Phase II One IBLF member to be sponsor for each Phase II NIBB Society Dev elop strategy f or targeting masses e.g. 5 chairs at New Scientist liv e Celebrity IBBE champion Public Adv ertisements e.g. cinema, back of bus, back of aeroplane seats

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