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36INNOVATION UK Carbon Connections programme has led to LCIC being granted the role of Fund Operator for the multi- million pound, European Regional Development Fund ( ERDF)- supported regional low- carbon venture capital fund. This venture capital equity investment fund will target invest-ments in SMEs in the low- carbon field within the East of England Development Agency ( EEDA) region. The total project size is expected to be in the region of £ 20 million, comprised of £ 8million from ERDF with additional funds being sought from other VC sources. The fund will be available for applications in early 2010. LCIC has also contributed to the construction of a Com-bined Heat and Power ( CHP) biomass gasifier on the UEA campus. The plant, due to open in late 2009, will run on biomass consisting of woodchip from locally sourced, sustainable forestry and will have the benefit of reducing the university's carbon emissions by a third ( more than 8,000 tonnes) and per capita emissions by over 70% on 1990 levels. It is one of the greenest, most energy- efficient power plants in the country. The plant has an electricity output of 1.4MW generated by a large piston driving an alternator and also produces 2.0MW of heat, which is normally wasted in conven-tional power stations, giving an overall efficiency rating, independently verified, of 86%. Payback time is predicted to be around seven years. After this time, the plant will generate revenue as well as power for the University. The plant will also generate a by- product of 200- 300 tonnes of biochar each year. Biochar is currently being discussed as a significant opportunity for carbon reduc-tion and the LCIC is fortunate to have, in Dr Zoe Wallage, one of the few UK authorities on the subject. Biochar is a fine- grained, highly porous charcoal that helps soil retain nutrients and water. It can be an impor-tant tool to increase food production as well as locking carbon away in the soil as biochar remains stable for mil-lennia, unlike compost, which releases its carbon over the course of a few years. LCIC is soon to start agricultural trials of the material. Since 2003, CRed has helped the general public save over 60,000 tonnes of CO 2 emissions through its pledge system. LCIC has just released an updated online version of the system which enables large organisations and local authorities to engage their workforce or communities in carbon- reduction activities and efficiently record and report on the results. The CRed System is the most robust software of its kind. Innovation is alive and well in the UK but sometimes needs a nudge to send it in the right direction. The LCIC's experience of nurturing innovation puts us in an excellent position to see into the future. There are difficult times ahead but we are confident that we can meet these chal-lenges head on. For more information, please contact: Matt Dolan Low Carbon Innovation Centre E- mail: m. dolan@ uea. ac. uk Tel: 01603 591358 Carbon low carbon inovation centre

The International Society for Professional Innovation Management ( ISPIM) is a worldwide network of academics, business leaders, consultants ( A, B, C) and other professionals involved in Innovation Management. ISPIM's goals are to create a worldwide network of excellence in the field of innovation management, to enhance collaboration between its members and to be at the forefront of research on innovation. ISPIM achieves this via its international conferences and regional events, journal publications, collaborative research projects and other member services. Our membership strategy emphasises quality rather than quantity - professional and scientific quality, as well as the quality of relationships between members. Our commitment to members includes: . ensuring a good balance and link between theory and practice in innovation management; . providing a forum that encourages members from different cultures and backgrounds to network with one another; . staging events in interesting locations that support scientific and networking needs and are excellent value for money. ISPIM's membership has traditionally come predominantly from European countries. However, since 2003 membership has increased by around 30% each year and over 40 countries are now represented, including many non- European countries. ISPIM runs two international events per year, the ISPIM Conference in Europe every June and the ISPIM Innovation Symposium in a non- European country every December. This strategy ensures that membership numbers, especially from non- European countries, will continue to grow for the foreseeable future. Membership Benefits . Inclusion in the online ISPIM Member Book and access to the online ISPIM Members Area; . Discounted rates for the ISPIM Conference and the ISPIM Innovation Symposium ( worth ? 200 alone!); . Online access to all ISPIM conference and symposium proceedings since 2003 ( more than 700 articles and presentations on innovation); . Discounted rates for selected events hosted by ISPIM partners; . Subscription to ISPIM News, a quarterly news digest of events, member communications and society news; . The right to advertise any event or activity in which you are engaged in the newsletter; Membership Fees The annual membership fees are as follows: . Individual Membership - ? 150 . Student Membership - ? 50 ( Available only to full- time students. Not available to people with professional or academic positions who are studying whilst working.) . Corporate Membership - ? 125 per person ( Minimum of two members) Forthcoming ISPIM Events: The 2nd ISPIM Innovation Symposium, 6- 9 December 2009, New York City, USA " Stimulating Recovery: The Role of Innovation Management" www. symposium. ispim. org The ISPIM 2010 Conference, 6- 9 June 2010, Bilbao, Spain " The Dynamics of Innovation" www. conference. ispim. org To join ISPIM, please complete the membership form online at www. ispim. org The International Society for Professional Innovation Management ( ISPIM)