There is renewed grant support available to help UK businesses develop a range of new emerging and enabling technologies. Funding opportunities exist for projects in the following five areas;
1. Emerging technologies
Applicants should be able to demonstrate a step change in performance and bring a totally new technology sector to market. Projects are encouraged from:
- energy harvesting
- graphene and novel single-layer (2D) materials
- cutting-edge imaging technologies
- unconventional new computational paradigms such as biological computing
Applicants should be able to demonstrate a significant development in, or use of, one or more of the following technologies:
- machine learning and artificial intelligence (AI)
- data analytics or ‘big data’
- distributed ledger technology (such as blockchain)
- internet of things
- immersive technology (such as virtual or augmented reality)
- innovative services or applications employing new forms of connectivity, including 5G
3. Electronics, sensors and photonics (ESP)
Applications for highly innovative projects are welcome from across the range of ESP technologies. This includes:
- electronic systems
- large area electronics
- power electronics
- sensor systems
- compound semiconductors
4. Robotics and autonomous systems
- service robotics for professional or personal applications
- inspection and maintenance in extreme and challenging (hazardous) environments
- health and social care, including assistive technologies, patient care and robotic surgery
- next-generation farming
- next-generation manufacturing
- autonomous transport, including automotive, aerospace and rail applications
- AI technologies for autonomous systems
5. Creative economy
- enabling higher-quality, faster and more cost-effective creation, manipulation and/or consumption of ‘real time’ creative content
- creating richer and more engaging user experiences on new innovative platforms, such as virtual reality
Innovate UK have allocated up to £25 million to fund innovation projects.
- Projects should focus on technical feasibility, industrial research or experimental development.
- All projects must involve at least one SME and a business must lead the project.
- The funding ranges from 35% up to 70% of total R&D costs (labour, overheads, materials, IP, subcontractors).
- Projects are expected to last from 6 months to 3 years and to range in size from total costs of £50,000 to £2 million.
*** The closing date for the scheme is the 8th November so those thinking of applying should begin to think about their applications now ***
If you would like any further details on the schemes highlighted or to discuss a potential project, please do not hesitate to get in touch.
Know someone who would be eligible?
If so, then let us and them know! In addition to helping them access an interest-free, repayment-free, equity-free grant to grow their business, we also pay commission on all referrals passed to us.
All consultations and grant finding is done free of charge and we only earn once both parties have identified a suitable opportunity with a good chance of success. For further details please click here.
About Tatton Consulting
We help innovative and growing SMEs identify, apply for and secure the funding and grants that they are eligible for. Our team has secured over £26 million in repayment-free, interest-free, equity-free funding to help our clients innovate and grow. Fundable projects include;
- R&D led innovation
- Capital investment and expansion
- Development of Green technology
- Patent development
- Technology-driven start-ups
If you would like to explore what funding opportunities are available at the moment or would like to discuss your project, then please;
- call us on 0161 826 2256
- email me at email@example.com
- follow us on twitter @UKgrantfunding
- check out www.tattonconsulting.co.uk
Alternatively contact us by clicking on one of the links below. We look forward to hearing from you and discussing your project further.
— Mark Clayton