Events in Physics
EOI:
UK invites registrations for its open programme round 2. Funding aims to support the best business-led, innovative or disruptive ideas or concepts from any technology, engineering or industrial area. This area can be one that fits into or be outside of, any one or more of Innovate UK’s four priority sectors for growth. To be in scope, a proposal must:
•demonstrate transformational or disruptive innovation leading to novel, new products, processes or services;
•articulate a clear, anticipated growth and commercialisation impact for the business with considerable, demonstrable potential to lead to a significant return on investment. Projects that are likely to lead to sustainable gains in productivity and/or access to new overseas markets through export-led business growth will be prioritised.
Eligible applicants must be a UK-based business of any size carrying out the project in the UK alone or in collaboration with others.
The total budget is worth £15 million. Projects may range in size from £25,000 to £1m and last between six and 36 months. Small businesses may receive up to 70 per cent of their eligible project costs, medium-sized businesses may receive 60 per cent and large businesses may receive 50 per cent for technical feasibility studies and industrial research. Small businesses may receive up to 45 per cent of their eligible project costs, medium-sized businesses may receive 35 per cent and large businesses may receive 25 per cent for experimental development projects which are nearer to market.