UK businesses can apply for a share of up to £15 million. This is to deliver game-changing, cutting-edge innovations with significant potential for impact on the UK economy.
Programme: Innovate UK
Award: Up to £700k
Opens: 12th Jun 2017
Closes: 9th Aug 2017
Innovate UK’s open competition aims to overcome barriers to cutting-edge, game-changing innovation becoming a successful commercial reality and/or resulting in significant, sustainable business growth.
This funding is for innovation-based enterprises. Such enterprises should demonstrate their readiness to deliver a project leading to new, highly-innovative processes, products or services.
The open research and development (R&D) competition provides support for businesses to undertake an innovative project and is designed to:
The competition is open to the best business-led cutting-edge or disruptive ideas or concepts with a view to commercialisation.
These can be drawn from any technology and applied to any part of the economy. This area can be one that fits into, or be outside of, any one or more of Innovate UK’s 4 priority sectors for growth.
To be in scope, a proposal must:
Funding and project details
The percentage of costs that Innovate UK will pay through a grant varies. It depends on the type of research being carried out and size and type of organisation involved.
Projects can focus on:
For feasibility studies and industrial research, you could get:
For experimental development projects which are nearer to market, you could get:
Projects may last between 6 and 36 months.
Total eligible project costs should range from £25,000 to £1m.