Apply for a share of £19 million to fund projects that enable selected innovative infrastructure systems solutions take the final step to market readiness. Up to 100% funding available.
Programme: Innovate UK
Award: Up tp £5m
Opens: 18th Jul 2016
Closes: 31st Aug 2016
Major trends and challenges are creating enormous pressures on the complex and interdependent social and technical infrastructure systems that underpin modern societies. These trends and challenges include:
These pressures and planned major infrastructure projects will create domestic and export opportunities for UK businesses. These businesses must be able to develop, commercialise or adopt innovative solutions that are quick, easy, cost-effective and provide:
The aim of this competition is to enable selected innovative infrastructure systems solutions to take the final step to market readiness by proving:
To be in scope, your projects will need to support innovative solutions for system challenges in:
And, you should base your proposal on at least one of the following:
Phase 1 will fund the integration of new solutions into complex real-world projects. At the end of this phase, you will need to provide a business case for using the solution in a commercial environment. You will need to advise the amount of funding you will need from Innovate UK to carry out your project.
You will also need to advise how you would use alternative finance products, if available in the future, to develop a similar project. You should apply for the lowest amount of funding needed to carry out your project. As this is public money, you will need to show how you are providing value.