Funding news - 12/07/2017
Round Three of Innovate UK's Innovation in Infrastructure Systems Competition Now Open
Support for UK businesses to develop new innovative and integrated infrastructure solutions and business models to challenges in infrastructure systems.
Innovate UK (IUK) to invest up to £15 million to stimulate innovation in the infrastructure systems that provide critical services for the economy, environment and society. There are four priority areas:
- Smart infrastructure
- Energy systems (comprising energy systems, nuclear fission and offshore wind)
- Connected transport
- Urban living
Infrastructure systems are central to economic stability, growth, competitiveness and productivity in modern society. They are vital for social wellbeing and environmental sustainability. The UK has a capability to provide infrastructure solutions in planning, engineering, architecture, energy, intelligent mobility of people, freight and communications. This also includes legal, insurance, security and finance services.
In the digital economy, the UK has a base of creative start-ups providing new, disruptive solutions and technologies that promote change. These are in high-growth areas, including open data, the internet of things (everyday objects with network and data connectivity), robotics and autonomous systems.
IUK is looking to fund a portfolio of projects, including technical feasibility, industrial research or experimental development. Projects must show significant innovation in one of the priority areas. Proposals must also improve business growth, productivity and/or create export opportunities for at least one UK SME involved in the project. Applicants must describe how the proposed innovation project fits into partners' overall international strategies.
A UK SME may run the project on their own or with other businesses and/or research organisations if the expected total eligible project costs will be in the range £25,000 to £100,000. Projects costing over £100,000 must be collaborative and include at least one SME.
The total budget for this call is up to £15 million. Up to £5 million has been allocated for projects with eligible costs from £25,000 to £100,000 and lasting three months to one year; and up to £10 million has been allocated for projects with eligible costs from £100,000 to £5 million and lasting over one year and up to three years.
Projects can be led either by a UK business or UK research and technology organisation (RTO) and must include at least one UK small to medium enterprise (SME). Applicants must carry out the project work and intend to exploit the results in the UK.
The deadline for receipt of applications is 13 September 2017.
Interested parties should refer to the IUK webpage for more details.
Source: Innovate UK, 12/07/2017