Key Features
Eligible UK public sector organisations can apply for up to £100,000 from the Knowledge Asset Grant Fund in this strand. The funding will aid exploitation of intangible assets that have a broader application or client base than their owner organisation.
Programme: Innovate UK
Award: Share of up to £100,0000
Opens: 3rd Jan 2024
Closes: 14th Mar 2024
The Knowledge Asset Grant Fund (KAGF) is run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Science Innovation and Technology (DSIT).
The programme has funding available from 2021 to March 2025. Budget limits are imposed at each panel meeting to ensure only the best proposals are funded.
Innovate UK is administering this competition on behalf of GOTT.
The aim of this competition is to support the identification and development of public sector knowledge assets, including repurposing, commercialisation or expanded use. These assets can include:
Potential value includes financial, economic and social benefits and can be achieved through commercialisation or expanded use of the asset across government and stakeholder organisations.
Assets do not have to be potentially revenue generating to attract funding but you must provide a clear plan and timeline to leverage value, for example, as a spinout, licence, open source or prototype.
The Knowledge Asset Grant Fund will support projects, or project stages, which are not suitable to secure investment from private sources. For example, this could be to develop an asset for use across different organisations within government which usually do not collaborate.
This competition will prioritise projects in the theme of Artificial Intelligence (AI)
GOTT is looking to fund projects that enable responsible transformative changes through the development and use of Knowledge Assets in the wider public or private sector through the use of AI.
Projects in scope comprise both the development of new AI algorithms or software and the application of existing solutions in areas which have not been considered before in the public sector.
Innovate UK welcome applications from off-theme projects in this round. On-theme projects will be prioritised where funding is limited.
Your project must:
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian or Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian or Belarusian source.
Lead organisation
To lead a project your organisation must be a UK public sector organisation headed by an Accounting Officer responsible for upholding Managing Public Money (MPM). Eligible organisations are generally central government organisations and their arm’s length bodies, though others may be in scope.
Your project must have approval from a Senior Civil Servant, or equivalent from the lead organisation, with delegation from the Accounting Officer, up to and including the value of the grant being sought.
Central government departments, arm’s length bodies and public sector research establishments (PSREs) are eligible for the Knowledge Asset Grant Fund (KAGF).
Organisations in the NHS secondary and tertiary care sector, and publicly owned commercial organisations, are not eligible to apply for grant funding or other services from the Government Office for Technology Transfer (GOTT).
Subcontractors
Subcontractors are allowed in this competition.
Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.
You can use subcontractors from overseas but must make the case in your application as to why you could not use suppliers from the UK.
You must provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unable to work with you. We will not accept a cheaper cost as a sufficient reason to use an overseas subcontractor.
All subcontractor costs must be justified and appropriate to the total project costs. An explanation must be provided as to why external expertise is needed. It is your organisation’s responsibility to ensure any spend of the grant fund follows existing commercial arrangements of your organisation and Crown Commercial rules.
The Knowledge Assets Grant Fund aims to support the development of public sector owned Knowledge Assets for the benefit for the UK. If the KAGF secretariat or panel concludes that the project would disproportionately benefit a subcontractor, the project will be deemed ineligible.
Number of applications
An eligible public sector organisation can lead on any number of applications for different projects.
Use of animals in research and innovation
Innovate UK expects and supports the provision and safeguarding of welfare standards for animals used in research and innovation, according to best practice and up to date guidance.
Any projects selected for funding which involve animals will be asked to provide additional information on welfare and ethical considerations, as well as compliance with any relevant legislation as part of the project start-up process. This information will be reviewed before an award is made.
You can use a previously submitted application to apply for this competition where there has been a significant improvement of the application.
Innovate UK are not funding:
Organisations not eligible to apply for the KAGF include, but are not limited to:
Funding will not be conditional on:
The programme has £15 million total funding available from 2021 to March 2025 across all grant streams. Budget limits are imposed at each panel meeting to ensure only the best proposals are funded.
Funding will be in the form of a grant.
You can request 100% funding for your eligible project costs of between £25,001 up to a maximum of £100,000. Eligible cost include but are not restricted to:
You must only include eligible project costs in your application
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.
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