UK registered businesses can apply for a share of £8 million in grant funding for projects supporting recovery and growth of the UK’s foundation industries.
Programme: Innovate UK
Award: Share of up to £8 million
Opens: 3rd Aug 2020
Closes: 4th Nov 2020
The Industrial Strategy Challenge Fund will work with Innovate UK, part of UK Research and Innovation, to invest up to £8 million in innovation projects. These aim to catalyse innovation to support fast recovery and growth from Covid-19 through innovations that improve productivity and sustainability of the UK’s foundation industries.
Aligned with the objectives of the ISCF Transforming Foundation Industries Challenge, projects will have to demonstrate how they address resource or energy efficiency of foundation industries and support resilience and sustainability of the sector and its supply chains.
Projects can include techno-economic assessment of new products, services and business models.
Projects must focus on resource or energy efficiency in the foundation industries and can focus on one or more of the following areas:
To lead a project your UK registered organisation:
Academic institutions cannot lead or work alone. Research and technology organisations cannot work alone.
To collaborate with the lead, your UK registered organisation must:
If the lead organisation is an RTO, the project team must contain at least 2 businesses of any size.
Up to £8 million has been allocated to fund innovation projects in this competition.
Your project must:
If your organisation’s work on the project is mostly commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.
For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:
Research organisations undertaking non-economic activity as part of the project can share up to 50% of the total eligible project costs. If your consortium contains more than one research organisation undertaking non-economic activity, this maximum must be shared between them.
This competition is not funding projects that: