Overview

 

Innovate UK is launching a new competition, offering investment of up to £15 million to innovative R&D projects in order to stimulate new products and services and encourage businesses to find new revenue sources.

 

Projects are expected to range from £35,000 to £2 million in total costs and should last between 6 months and 3 years.

 

Applications are split into 2 streams:

 

  • Stream 1 is for projects under 12 months duration and under £100,000
  • Stream 2 is for projects lasting longer than 12 months or costing over £100,000

 

 

Competition themes are as follows:

 

Innovation in emerging technologies

 

  • Energy harvesting
  • Imaging technologies
  • Graphene
  • Biofilms
  • Other areas of emerging technology

 

Innovation in enabling technologies

 

  • Show benefits across multiple industrial sectors or markets
  • Provide new products and services
  • Allow new applications for existing products and services
  • Enable new capabilities or business models

 

Innovate UK have also stated they are particularly interested in encouraging proposals that address: Digital technologies with potential to change and disrupt sectors of the economy e.g. distributed ledger technology, AR, VR and Smart technology that provides a richer and more informative output to the end user, to name a few.

 

If you are interested in applying and want to be sure your project qualifies please see the Innovate UK guidelines.

 

Important dates:

Competition opens 3 October 2016

Registration deadline: before noon 30 November 2016

Applications deadline: before noon 7 December 2016

 

 


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