Apply for a Share of up to £15m for Innovation Projects
Innovate UK is set to back projects that stimulate new products and services through emerging and enabling technologies. The government said it expects schemes to last between six months and three years and will range in size from £35,000 to £2m.
It also said it is targeting projects in four areas including: emerging technologies, digital, enabling capabilities and space applications.
Proposals must demonstrate significant innovation; be applicable to more than one industry, sector or market; and improve growth, productivity or create export opportunities for at least one small- to medium-sized business.
Examples of emerging technologies include: quantum technologies, graphene and 2D materials, biofilms, energy harvesting and synthetic biology.
The government also said many industries could benefit from advances in areas such as. Additionally, examples of enabling technologies include digital, space and satellite, electronics, sensors and photonics, and robotics.
The competition, which aims to help UK businesses broaden their innovation activities, disrupt existing markets and find new revenue sources, is now open and the deadline for registration is 3 May 2017.