Innovate UK will invest up to £19 million in highly innovative projects with the best game changing and/or disruptive ideas or concepts. This should be with a view to commercialisation and economic impact.
Projects should aim to lead to new products, processes or services (or novel use of existing ones) believed to be significantly ahead of anything similar available in the field. You can view Innovate UK videos and success stories to help in your application.
Your proposals can come from any technology and any part of the economy.
Projects must focus on commercialisation, growth or scale up as soon as possible following completion. Priority is given to proposals likely to lead to growth, gains in productivity and/or access to new overseas markets through export.
Your project’s total costs should be between £25,000 and £1 million depending on the type of research and development (R&D) to be undertaken. Project duration should be a minimum of 6 months, and a maximum of 3 years.
To be eligible for funding you must:
- be a UK based business of any size
- carry out your project work in the UK
- intend to exploit the results in or from the UK
- work alone or in collaboration with others (businesses, research base or third sector)
Academic institutes can be collaborators.
For more information or to apply visit the call website.