Innovate UK and the Government of India are to invest up to £3.4 million in collaborative research and development projects that propose commercial solutions to critical challenges affecting socio-economic growth and development of India.
UK and Indian businesses are invited to join forces to apply for a share of the money for projects in the fields of clean-tech energy, affordable healthcare and ICT.
The UK investment has been made possible by the UK Department for Business, Innovation and Skills-managed Newton Fund, which aims to build research collaborations between UK business and those in lower and middle-income partner countries.
Projects must show commercial potential and must also demonstrate they will have a positive impact on both the economic development and social welfare of India.
this competition is open and the deadline for registration is noon UK time on 13 April 2016
projects must be collaborative and involve a UK and an Indian lead partner
lead partners in both countries must be a business but other partners can be businesses or research organisations
there is £2.5 million to fund UK participation. We expect total UK project costs to range from £350,000 to £450,000 and for projects to last up to 24 months
UK small or micro businesses could attract up to 70% of their costs as grant, medium-sized businesses 60% and large businesses 50%
the UK lead partner must submit an application on behalf of all applicants to Innovate UK, and the lead Indian partner must submit an identical application to Global Innovation & Technology Alliance in India
potential participants can look for partners through the Meeting Mojo website
a briefing webinar for UK applicants will be held on 17 November 2015