Funding of up to £35 million is available in Innovate UK’s latest competition.
Split into two distinct elements, the competition will focus on innovations in infrastructure systems as well as on opportunities in manufacturing and materials.
Between them, the two strands will potentially benefit from funding worth £19 million, with a further £16 million available for Knowledge Transfer Partnerships (KTPs) to help businesses recruit a graduate to work on an innovation project.
Funding for innovations in infrastructure systems is being made available in response to what Innovate UK describes as an expanding market for systems that ensure smart and resilient infrastructure.
That market is, the agency points out, driven by a global urban population and a demand for more adaptable infrastructure that is better integrated with social systems.
To qualify for funding, projects must be concerned with smart infrastructure, urban living issues, energy supply and systems, or connected transport. Projects should cost between £25,000 and £3 million, and last from three months to three years.
For the opportunities in manufacturing and materials element, Innovate UK is aiming to encourage and broaden innovation in the sector.
Funding will be available for projects that are intended, among other things, to develop processes that enable faster and greater customisation of products, address the manufacturing readiness of growing sectors, or diversify product and service lines.
It is anticipated that projects will last for between six months and three years, and will cost from £50,000 to £2 million. The deadline for both strands is 31 January 2018 and Innovate will fund up to 70% of eligible project costs.
Further information, including details of the KTPs and how to apply for them, is available from Innovate UK at http://bit.ly/2jycIWm.