26 September 2017 – UK businesses can apply for a share of up to £25 million to develop innovative solutions to challenges in emerging and enabling technologies through a new Innovate UK competition.
The aim of this competition is to help UK businesses broaden their innovation activities, disrupt existing markets and find new revenue sources.
Projects must show significant innovation in one of our priority areas, which are:
- emerging technologies
- enabling capabilities
- space applications
Projects will range in size from total project costs of £35,000 to £2 million. Projects must last between 3 months and 3 years.
There is funding available of up to:
- £5 million for projects that have eligible costs of up to £100,000 and last between 3 and 12 months
- £10 million for projects that have eligible costs of up to £2 million and last between 1 and 3 years
- £10 million for Knowledge Transfer Partnerships (KTPs)
The competition closes at 12pm on Wednesday 8 November 2017.