Innovate UK, the Government’s innovation agency, is calling for UK businesses to apply for a share of its latest innovation-focussed grant funding pot.
The government’s emerging technologies and industries strategy aims to provide investment to help companies explore the potential of transformative early-stage technologies in their particular markets. The strategy aims to disrupt markets and bring the potential for significant commercial results. This includes where small early investments are followed by increased financial and wider support.
Enabling technologies or capabilities have the potential to make a difference in many sectors. Yet they can be slow to spread through target industries. They need support and tailoring to realise that potential.
The emerging and enabling technologies programme brings together technology and end users to enhance productivity and efficiency across the UK economy. The programme provides opportunities for innovative companies to develop and use multiple technologies.
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 a priority area, which includes:
Projects will range in size from total project costs of £35,000 to £2 million. Projects must last between 3 months and 3 years.
The emerging and enabling technologies sector group supports the Digital Catapult and Satellite Application and is establishing a new Compound Semiconductor Applications Catapult in Wales. Companies wishing to access the available equipment and expertise are invited to partner with the Catapults in this competition.
If you want help to find a project partner, contact the Knowledge Transfer Network