Funding for game changing ideas for products and services opens 1st March 2018
Businesses can apply for a share of up to £15 million to develop novel products and services, or a further £10 million to work on projects with graduates.
Innovate UK has up to £15 million to invest in great ideas for new innovations in a range of technology and business areas.
Projects must work on disruptive ideas that could lead to new products, processes or services that are significantly ahead of others in the field.
They can range from short feasibility studies to longer industrial research or experimental development projects.
There must be a potential for commercialisation or economic impact.
Competition information:
* the competition opens on 1 March 2018 and the deadline for applications is 9 May 2018
* projects must be led by a business working alone or in collaboration with other organisations or researchers
* Innovate UK expect projects to range in size between £25,000 and £1 million and to last between 6 months and 3 years
* businesses could attract up to 70% of their total project costs
For more information please visit
https://www.gov.uk/government/news/game-changing-ideas-for-products-and-services-apply-for-funding
Send this story to a colleague
