Technology Strategy Board
|Technology Strategy Board|
|Formation||1 July 2007|
|Type||The UK's innovation agency|
|Legal status||Non-departmental public body|
|Purpose/focus||To accelerate UK economic growth by stimulating and supporting business-led innovation|
|Headquarters||North Star House, North Star Avenue, Swindon, SN2 1UE|
|Chief Executive||Iain Gray (since November 2007)|
|Main organ||Governing Board (Chairman - Phil Smith)|
|Affiliations||European Network of Innovation Agencies|
The Technology Strategy Board has its roots as an advisory body within the former UK Department of Trade and Industry (DTI) established in 2004, before becoming an independent body in July 2007 after the reorganisation of the DTI into the Department for Innovation, Universities and Skills (DIUS) and the Department for Business, Enterprise and Regulatory Reform (BERR) under Brown's government.
The original DTI organisation had its roots in the Innovation Review published by the DTI in December 2003 and the Lambert Review. This reconfigured the major funding mechanism as the Collaborative Research and Development Technology Programme, transformed the pre-existing Faraday Partnerships into Knowledge Transfer Networks, renamed the Teaching Company Scheme as Knowledge Transfer Partnerships and set up an Advisory Board made up of 12 people from business, venture capital and regional government. These changes all took place in 2004 - with the Advisory Board being appointed in October of that year.
In the 2006 Budget Gordon Brown announced the intention to set up the Technology Strategy Board as a "non-departmental public body" operating at "arm's length" from the UK Government. It was decided to locate the new organisation in Swindon, and to recruit a team primarily with business experience.
The Technology Strategy Board is the UK's innovation agency. Its goal is to accelerate economic growth by stimulating and supporting business-led innovation.
The governing board includes
- Dr David Grant, Vice-Chancellor of Cardiff University
- Sara Murray
- Prof Christopher Snowden, Vice-Chancellor of the University of Surrey
It has developed the Innovation Platforms - an approach to innovation which harnesses the activities government departments use to address societal challenges to stimulate innovative solutions within UK businesses.
The tools and programmes offered by the Technology Strategy Board include Collaborative Research and Development, SBRI (the Small Business Research Initiative), Knowledge Transfer Partnerships, Launchpad competitions and overseas missions.
The 2010 coalition budget announced that certain innovation activity would transfer from regional development agencies to the Technology Strategy Board, including the Grant for Research & Development (which was then relaunched as Smart) and Innovation Vouchers.
In 2012 the Technology Strategy Board began to establish the network of Catapults. This is a long-term investment to create world-leading centres where scientists and businesses will work together to accelerate the pace of innovation in particular sectors and help businesses bring new products and services more quickly to market.
As well as the knowledge transfer inherent in many of its funding programmes, the Technology Strategy Board runs Knowledge Transfer Networks in a range of technology areas and specialisms, where people can share ideas and find partners.
It has developed an online collaboration platform,_connect, where members of the Knowledge Transfer Networks and other groups concerned with innovation can meet, share information and collaborate.
Ultra low carbon vehicle demonstrator programme
An example of the organisation's work was the UK-wide ultra low carbon vehicle demonstrator programme, where over 340 vehicles were trialled to provide data for future vehicle innovation. Some of the cars are
- Ecotricity's Nemesis
- Mercedez Benz's Smart fortwo electric drive
- Mitsubishi's i-Miev
- BMW's Mini E
- Liberty E-Range Range Rover
- Ford Focus BEV
Projects it has funded include:
- Foundation for Science and Technology
- Institution of Engineering and Technology
- Institute of Knowledge Transfer
- Technology Strategy Board
- Technology Strategy Board _connect platform
- Technology Strategy Board Innovation Vouchers