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Innovate UK is to invest up to £19 million to support innovation that offers significant changes in productivity and cutting-edge innovation.
The competition has 2 strands, strand 1 is for health and life sciences projects and stand 2 is for emerging and enabling technologies projects. A further £12 million is available to fund Knowledge Transfer Partnerships.
The aim of the competition under stand 2 emerging and enabling technologies is to help UK businesses broaden their innovation activities, disrupt existing markets and find new revenue sources.
All projects must involve at least one SME, working alone or in collaboration with other organisations.
Projects with costs over £100,000 must be collaborative and include a funded partner.
The competition will open on the 22nd January and you must apply before 28th March.
To find out more about this competition, please follow the link provided on the right hand side. Alternatively if you would like to speak to someone about the competition please use the contact details also provided on the right hand side.