Government pledges £15m to “inspire the products and services of tomorrow”
New fund will look to support emerging and enabling technologies that could grow to become the basis for billion-dollar industries
UK technology firms can now apply for a share of a new £15m government fund aimed at supporting projects that will “inspire the products and services of tomorrow”.
Innovation agency Innovate UK is looking to fund projects in emerging and enabling technologies, which it believes could one day be the basis for billion-pound industries.
Emerging technologies include quantum technologies, graphene and 2D materials, biofilms, energy harvesting and synthetic biology, while enabling technologies encompasses digital, space & satellite, electronics, sensors & photonics and robotics.
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 or medium-sized enterprise.
Projects must also involve at least one small business and be led by a business or research and technology organisation, while they are expected to last between six months and three years and range in size from £35,000 to £2m.
You can find out more about the competition and apply here. You must register before midday on 3 May 2017 and the deadline for applications is midday on 10 May.