Innovate UK: Open funding competition
Innovate UK is investing up to £15 million in innovative R&D projects. The competition is open to all UK companies.
This competition opened on 6 June 2016 and is now closed for registrations.
Innovate UK is to invest up to £15 million in innovative R&D projects. These projects are designed to help businesses develop new products, processes and services with commercial potential. The aim is to enhance UK competitiveness, growth and improve national productivity.
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.
We want to fast-track ideas to commercial success. Projects should demonstrate disruptive, cutting-edge innovations and businesses should demonstrate ambition and potential for growth.
The competition will be open to both small and medium-sized enterprises and large companies. They can work individually or collaboratively.
Projects may focus on:
- feasibility studies which may include a proof of market
- industrial research
- experimental development
We expect projects to last 6 to 36 months. They can range in size from total eligible project costs of £25,000 up to £1 million, depending on the type of project.
There are two options to apply into this competition. These are dependent on the size and length of your project. These options are called streams. Stream 1 is for projects under 12 months and under £100,000. Stream 2 is for projects over 12 months or over £100,000.
You must register before noon on 31 August 2016
You must apply before noon on 7 September 2016
Published: 27 May 2016
Updated: 31 August 2016
- Removed registration link because registration closed at noon on 31 August 2016
- Competition brief and guidance titles updated.
- Added link to categories of research definitions.
- Updated the recording of 14 June competition briefing event
- Competition guidance and brief titles have been frontloaded
- Further clarification to what projects can focus on: feasibility studies which may include a proof of market.
- Links added for: 14 June 2016 competition briefing recording, 1 July & 5 July competition briefing webinar registrations
- Clarification for applicants who have a current Smart project. If the Smart project has the final close out meeting after 7 September 2016 then applicants cannot apply for this open competition.
- Taken out a link in competition process, bullet 5 and instead added more detail to describe the quality threshold that applications are scored against.
- First published.
From: Innovate UK