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Inside Innovate UK’s £15 million fund for technology innovation projects

09 Mar Inside Innovate UK’s £15 million fund for technology innovation projects

If you are reading this you are in the right place, your business or venture could get a share of up to £15 million for innovation projects that will inspire the products and services of tomorrow.

Innovate UK has up to £15 million to support business projects that stimulate new products and services through emerging and enabling technologies. These technologies could be the basis for billion-pound industries of the future. Below is some of what they are looking for:

  • Emerging technologies

Emerging technologies are newly developed sciences, where the best application and value is yet to be realised. Examples include quantum technologies, graphene and 2D materials, biofilms, energy harvesting and synthetic biology.

  • Enabling technologies

Enabling technologies can have wide applicability. Many industries could benefit from advances in areas such as machine learning, compound semiconductors, and earth observation. Examples of enabling technologies include digital, space and satellite, electronics, sensors and photonics, and robotics.

Some of their expectations for applying ventures include projects that will last between 6 months and 3 years and range in size from £35,000 to £2 million

The competition is open, and the deadline for registration is midday on 3 May 2017. More information can be found here: