News story

Aerospace: £10 million to support game-changing technologies

Businesses can apply for a share of funding to support new technologies that will keep the UK at the forefront of the aerospace industry.

aerospace

Business can apply for a share of £10 million to support game-changing technologies for aerospace

The UK aerospace industry leads Europe and is number 2 in the world. However, it is a highly competitive market and industry needs to keep developing revolutionary and game-changing technologies.

Businesses developing innovative technologies for the civil aerospace industry can apply for a share of £10 million funding to support collaborative R&D projects and feasibility studies that address industry challenges in areas including:

  • new manufacturing solutions
  • novel or advanced materials and processes
  • technologies that improve vehicle efficiency
  • novel technologies or processes that reduce cost of owning vehicles
  • new modelling and simulation techniques

We are specifically encouraging companies outside the aerospace sector that can bring technical knowledge and expertise to a consortium and work on applications targeted primarily at civil aerospace.

Competition information

  • small businesses could receive up to 70% of their eligible project costs, medium-sized businesses up to 60% and large businesses up to 50%
  • we expect total project costs of collaborative R&D projects to be between £250,000 and £1 million and for projects to last up to 36 months
  • we expect total project costs of feasibility studies to be up to £100,000 and for projects to last up to 18 months
  • the competition opens on 29 June 2015
  • the deadline for registration is midday on 9 September 2015 for collaborative R&D and midday on 5 November for feasibility studies
  • a networking event takes place in London on 28 April 2015
  • a webinar competition briefing takes place on 15 July 2015
Published 26 March 2015