Organisations can apply for a share of up to £250,000 to develop machine learning solutions that will improve Innovate UK’s operations
Award: Up to £50k
Opens: 24th Jul 2017
Closes: 13th Sep 2017
The aim of this competition is to improve the efficiency and effectiveness of Innovate UK’s operational functions.
As many ideas as possible are welcome for the application of machine learning to Innovate UK’s existing data. You should show how you would develop and test a prototype application to:
2 areas have identified where machine learning could help reduce costs and work more efficiently have been identified:
1. Assessor allocation: identifying key words from funding applications to allocate appropriate assessors. Currently Innovate UK use a time-consuming manual allocation process. Using machine learning would help Innovate UK move towards a more automated assessor allocation. It would also lead to improved quality and robustness in the assessment process. They would save money and allow their teams to focus on more value-added activities. This would help them fund successful projects more quickly.
2. Checking for undeclared re-submissions: searching for re-submissions, duplicate and reassessed applications. Currently Innovate UK do this manually. They could save money by automating this process and reducing the possibility of fraud.
These are 2 possibilities and there are more below, however other ideas are welcome:
Innovate UK’s aim is for efficiency savings to cover the cost of the project investment.
This is phase 1 of a potential 2-phase competition. A decision to proceed with phase 2 will depend on the outcomes from phase 1. Only successful applicants from phase 1 will be able to take part in phase 2.
To lead a project, you must be an organisation of any size.
Innovate UK have allocated up to £250,000 including VAT to fund innovative feasibility study projects in phase 1 of this competition.
In phase 1 you will develop a tool or service as part of the feasibility study. Projects should last up to 4 months. They can range in size up to a total cost of £50,000 each, including VAT.
Your proposal should include:
If your proposal is successful, we will expect you to engage with Innovate UK to:
Developments will be 100% funded.
Innovate UK will select suppliers for each project through an open competition process. You will keep the intellectual property rights (IPR) generated from the project. Innovate UK will keep some rights of use.