Enterprise at UWA an oxymoron..

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Enterprise at UWA anoxymoron..?

• discuss

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Tony Orme Wales Spinout Manager

• Ian Harris
• Entrepreneurial Champion

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Contents

• The world according to KEF
• Goal One Cultural Change
• KEF initiatives
• Wales Spin-out Programme
• Future and Past of Spinout Programme
• G2E
• Young Enterprise Graduate Programme
• ACF
• Goal Two Training Capacity
• Goal Three Accelerating Commercial Development
• Future of KEF

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Entrepreneurship and Cultural Change

• Goal one what do I do..?
• Crisalis Enterprise Network
• CENewsletter
• Crisalis Website
• www.aber.ac.uk/crisalis
• Student questionnaires
• Core materials
• Not-for-credit Module
• A how-to guide to starting a business
• Entrepreneurship Scholarships
• For Credit Module - future
• Marketing Materials - future

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Allied Activity

• ES
• G2E
• Young Enterprise Graduate Programme
• Spinout
• ACF

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KEF Scholarships

• Application Criteria
• The Scholarship Package
• 19 in UWA
• Progression to Spinouts
• Links with Incubator/Crisalis Club
• The Tony and Ian Show..

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Graduating to Enterprise

• Mentoring
• Workshops and Summer School
• WDA backed.CODA run
• Aber runs the Mid Wales Network
• Fits in well with KEF Scholarships
• Paul Stait/Tony/Ian

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YE Graduate Programme

• Enterprise Rehearsal
• Grown-up version of Young Enterprise
• Mentoring
• Can lead to KEF Scholarships
• Emma Jones/Ian/Tony

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Wales Spinout Programme

• The Spinout Package
• (Office Accommodationor not)
• What I look for
• Spinouts to date
• The Mid Wales Spinout Cluster
• In the Pipeline
• Tony / Ian

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Aberystwyth Challenge Fund

• Venture Capital
• Science / IP Based idea
• IBS / IRS / IGER
• Tony Diment
• Close links with Spinout Programme

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Innovation and Capacity Building

• Goal Two this year
• Internet Marketing Module, Lecture Series and
  Lesson Series
• Plus HTML development of said
• Environmental Sustainability Module
• To be called Environmental Efficiency
• Staff Needs Analysis
• Update here

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• IP Module
• Input Please
• Content, Personnel Suitable to codify/create
• Or suitable training course
• Commercial Awareness Module
• Input Please
• Content, Personnel Suitable to codify/create
• Or suitable training course
• Business Development Management
• Input Please
• Suitable training course do you know of any

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• Goal Three
• Ppoc
• Two phases
• One through HEED, one through KEF
• Technology Transfer Networks
• Technology Transfer Centres
• Crisalis Germinator/Incubator

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So what is PPoC

• C.60K p.a. via HEED into CCS coffers for small
  scale projects
• Discretion of CCS to determine who gets what
• Process to articulate best opportunities for this
  fund required

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PPoC_Stage Two

• Competitive nature
• Feeding on from phase One or straight into phase
  Two with the correct pre-requisites
• Twice yearly applications
• Upto 180K per application

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So the whole picture again
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Update on Networks and Centres

• CHERE Environmental Health Network has now been
  awarded 2 projects, with a cumulative worth of c.
  320K
• Update on Crisalis Germinator
• Does anyone know..?

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Principal issues

• Engaging with Academic and Allied Staff
• Ideas from the floor
• Even with the offer of money they are not really
  interested
• Engaging with business
• Too much overspill of other Objective One issues
• Too few business
• Anyone know anyone whos hot to trot..?
• Administrative Overhead
• 7 years accounts after funding has ceased
• We have been audited three times for some
  projects
• Over to you Judith
• Beneficiaries have to be recorded!

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The Future

• KEF is currently Jampotted until 31st July 2005
• WSP is Funded until end of March 2008
• KEF may be rolled into HEED provision/but then it
  may not
• Sue Morgan intimates upto 2009 is being planned
• KEF was part of ELWA, but will be part of WDA in
  the (near) Future
• Expect some turbulence but dont write it off

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What works for us..?

• Email! Especially with students
• Web-Provision
• Marketing
• New Postgrad events
• Careers fair
• Departmental Seminars
• Invitations
• Competitions
• Incentives
• The good ole free lunch

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Something to ponder