Advisors Meeting4-6 pm Tuesday 9 June 2015

at Wragge Lawrence Graham & Co

Annual Report 2010

1. The Challenge

2. Track-record and assets

3. Value

4. Exploration of partnership opportunities

5. Potential structure in the future

6. Any other business

“In our globally competitive economic environment,

never before has there been a greater need for:

• a talented, enterprising workforce

• innovation in product and service development

• thriving culture of entrepreneurship

• leading scientific & technological development

• world‐class research that attracts investment”

A Review of Business–University Collaboration Professor Sir Tim Wilson DL February 2012

The Challenge

“A lot of the stuff coming out of universities is still

too early stage for businesses to invest in and the

universities themselves don't have the capability of

commercialising them”

“Many innovative companies in the Midlands

lacked the basic business skills - such as

marketing, sales and delivery - needed to take their

ideas to a global market”

UK Trade & Industry Meeting @ BSP-A, Insider, 30.3.2012

The Challenge

Richard Butler, West Midlands CBI director:

“Most businesses think we need to get our act

together to compete with the Northern Powerhouse.

There is a lot of fragmentation…”

Innovation the key to regional growth - KPMG event, Business Desk 17.4.2015

The Challenge

David Hardman, Innovation Birmingham director:

“So, why does it feel like I'm fighting a losing battle

when trying to change the perception of London-

based influencers?”

Fighting a losing battle for Birmingham's tech sector, Birmingham Post, 13.3.2015

The Challenge

David Hardman, Innovation Birmingham director:

“If we consider the four elements of a knowledge

economy (private sector, public sector, academe

and citizens), then Birmingham can readily

proclaim itself to be a ‘Knowledge City’.”

Birmingham is a Knowledge City and a Tech City. Birmingham Post, 18.5.2015

The Challenge

Birmingham Made Me

The Challenge

Birmingham Science City

Innovation Birmingham

Tech City

Knowledge City

Science Capital

Innovation Engine

Smart City

Lunar Society Centre of Enterprise

The Challenge

Valuable Ideas

new products, services, companies

Innovation funnel

Science Capital

West Midlands

centre of the

6th largest mega region

in the world

which has an economic

output of $1.2 trillion

R Florida et al, 2007

Birmingham

The Challenge

hot spot

black

hole

focussed

excellence

more

mediocrity

The Challenge

neutral Dublin

Edinburgh

Liverpool

Sheffield

Cambridge

LondonOxford

Bristol

Birmingham

Paris

Brussels

Amsterdam

growth in scientific impact

from CW Matthiessen, Urban Studies, 2010

The Challenge

NUMBER OF CITATIONS

NU

MB

ER O

F P

AP

ERS

CW Matthuessen et al, 2010

The Challenge

REF2008 RAE2014

3149 3133Number of West Midlands researchers:

The Challenge

WM university share of research funding:5.63% (RAE2014)

1

2

3

4

5

6

7

8

9

10

11

Warwick

Birmingham

Keele

Aston

Coventry

Birmingham City

Wolverhampton

Worcester

Staffordshire

Harper Adams

Newman

UK Research Funding to WM universities:

population share: 8.75%

GDP share: 15%

innovation deficit: £49-148m

£89m

The Challenge

0

10

20

30

40

50

60

70

80

90

1 2 3 4 5 6 72008 2009 2010 2011 2012 2013 2014

Patents Issued

Bham

Warwick

Aston

West Midlands universities intellectual property

Weaknesses

joblessness, skills, apathy

vision & brand dissonance

public sector dependency

low tech manufacturing

transportation systems

Opportunities

mobile entrepreneurs, SMEs

global business expansion

high value manufacturing

export-driven economy

developing markets

Threats

entrepreneurs leave

demographic change

continued globalisation

climate change & energy

security

Helpful Harmful

Exte

rnal facto

rsIn

tern

al to

regio

n Strengths

geography, central location

size, youth & diversity

innovative culture

universities, colleges, NHS

legal & business services

SWOT analysis of the region’s economy

The Challenge

Energy alternatives

Climate change

Transport

Ageing

Cancer

Infection

Security

Education

Social media

Low Carbon

Advanced Materials

Innovative Healthcare

DigitalWorld

The Challenge

How?

75 engaging speakers...

1700 delegates exchanging ideas...

How?

Through thousands of valuable new connections...

How?

Through publishing 65 videos...

How?

Heather DuncanBirmingham Children’s Hospital

By 57 people presenting their business plans...

How?

Facts and figures

won Carbon Trust backing with production of Raised Loft Floor based in the Midlands

won the West Midlands’ Export for Growth prize and launched solar docking station

generated new business relationships, partnerships and contracts in Birmingham

generated investments and validated product

Presenters of business plans included

Facts and figures

won TSB support to produce footwear to aid in the treatment of diabetic foot ulcers

Grew their business and environmentally friendly / microbial product line

Launched product line and 3 locations

Presenters of business plans included

Facts and figures

How useful was the business plan session to you on a scale of 1 to 10 ?

(1=Not at all, 10=Definitely)

9 ± 0.4

“...a potential investor offered to invest a significant amount”

“The business presentation illuminated key issues and strategy”

“Met some greatcontacts withon-going relationships”

“We recruited a business advisor and we’ve been progressing rapidly”

“A very helpful experience which I would definitely recommend to anyone”

Facts and figures

• independent open forum

• non-profit SME that helps other SMEs grow

• cross sector: academic, business and industry

• spans the West Midlands

• inclusive and diverse

• corporate social responsibility channel

• competitive with London and Manchester

Brand

Team of committed directors

50+ volunteer professional advisors

Sponsors including small & large companies

Thousands of members and subscribers

Assets

Track-record of 17 successful events

Event management guidebook, templates

Financially sustainable non-profit

Assets

websites and internet domains

social media channels

European Trademark: “SCIENCE CAPITAL”

Scalable and adaptable business plan

Assets

Giles BrindleyBusiness

Michael OverduinCEO

Paul WorsnopLegal

Vernon BlackmoreIT

Richard MinerFinance

Board of DirectorsExternal Advisory

Group

MarcellaErskineEvents

Structure

Jo TibbettsComms

Non profit company limited by guarantee

£

Finances

0

5000

10000

15000

20000

25000

1 2 3 4

Series1

Series2

2010 2011 2012 2013

Revenue

Profit

FinanceVCs, angels,banks, BGF

Legal & BusinessServices

Knowledge14 universities

Our value

70% of those attending make 2 to 4 new contacts

Awards

1. WM news/event listing, emails

2. Organize events

3. Business pitching & support

4. Licensing

5. Partnering

Activities for the Future

Plans

Thank you!