2014 Report details for project: Catapult Centres
| Project name | Catapult Centres - there are 2 reports for this project: 2013, 2014 |
|---|---|
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| Contracts | Contracts search (opens in new window) - under development |
| Organisation | BIS (D3) - see all reports for this organisation |
| Report year | 2014 (data is from September 2013) |
| Category | Infrastructure - see all reports for this category |
| Description: | Direct, targeted, government incentives for business led R&D and knowledge transfer is provided via the BIS sponsored Technology Strategy Board, through a wide range of economically robust business support interventions. Catapult technology and innovation centres will complement these approaches, by providing a business led, capital intensive infrastructure, that enables business to exploit new and emerging technologies, by providing a capability that primarily operates, at Technology Readiness Levels 4 to 7, bridging research and technology commercialisation, de-risking the process for business. |
| DCA (RAG) | Amber/Green |
| DCA text: | The Green rating reflects good progress to date and steady delivery at Catapult centres including various stages from the establishment of new facilities, operations, engagement with businesses and development of R&D programmes. All seven Catapult centres were operational in 2013. With the network maturing, the TSB is now ready to move the programme to a business-as-usual activity and to start to establish the next phase of centres, Precision Medicine Catapult and Energy Systems Catapult. |
| Start date | 2010-12-01 |
| End date | 2013-04-01 |
| Schedule text | The Catapult programme continues to progress well and is largely on track against the original schedule. A number of the new Catapult facilities will come on stream in 2014. Minor delays in securing suitable premises have not impacted delivery of the programme or centres objectives. Budget 2013/14 [from GMPP data] = £127m Forecast 2013/14 [from GMPP data] = £134.55m Budgeted Whole Life Costs [from GMPP data] = £757m |
| Baseline | £127.00m |
| Forecast | £127.00m |
| Variance | 0.00% |
| Variance text: | TSB asked the Catapult programme to absorb additional spend at mid-year point because of anticipated emerging underspend in other programme areas and issues leading to delays in property. Additional funding outside of the GMPP baseline quoted above has also taken place. Significant additional funding has been provided to the Catapult centres to expand the size of the network. This includes two new Catapult centres and the expansion of the number of the existing High Value Manufacturing Centres. |
| Whole Life Cost | £757.00m |
| WLCost text: | The through life costs apply to current Comprehensive Spending Review period and do not include the ongoing core funding anticipated for the Catapult centres. |
| Notes1: | |
| Notes2: | |
| Sourcefile | IPA_2014.csv |
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Acknowledgement: GMPP data has been re-used under the Open Government Licence.