What is the Innovate UK open competition?

Innovate UK: Open funding competition brief (here)

Registration deadline: noon 31 August 2016
Application deadline: noon 7 September 2016

 

Welcome to Innovate UK

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.