Innovate UK has up to £15 million to support business projects that stimulate new products and services through emerging and enabling technologies.
The aim of this funding is to help UK businesses broaden their innovation activities, disrupt existing markets and find new revenue sources. The programme expects to fund projects in the following priority areas:
- Emerging technologies
- Enabling capabilities
- Space applications.
Proposals must demonstrate significant innovation; be applicable to more than one industry, sector or market; improve growth, productivity or create export opportunities for at least one SME. Businesses that meet the following criteria could attract up to 70% of their project costs: projects should last between 6 months and 3 years, range in size from £35,000 to £2million, involve at least 1 SME and be led by a business or a research and technology organisation.
The deadline for registration is midday on the 3rd May 2017.