Innovate UK: Open funding competition brief (here)
Registration deadline: noon 31 August 2016
Application deadline: noon 7 September 2016
The competition is open to the best business-led ideas or concepts. These can be drawn from any technology, engineering or industrial area, including Innovate UK’s 4 priority sectors for growth.
To be in scope, a proposal must:
- demonstrate innovation leading to novel, new products, processes or services
- articulate a clear and anticipated growth impact for the business(s) leading to a significant return on investment (ROI)
Priority will be given to proposals that are likely to lead to sustainable gains in productivity and/or access to new overseas markets through export led business growth.
Projects can focus on:
- feasibility studies which may include a proof of market
- industrial research
- experimental development depending on the challenge identified and proposed solution
Projects may last between 6 and 36 months. Total eligible project costs should range from £25,000 to £1 million depending on the type of R&D to be undertaken.
An applicant can only submit one project application per competition round. If more than one application per category is submitted in a round, only the first application will be considered for assessment.