UK businesses can apply for a share of up to £4million for collaborative R&D projects addressing major cyber security challenges in the Internet of Things.
Innovate UK is to invest up to £4million in collaborative, business led research and development (R&D) projects. These projects should result in a new product or products, industrial process or service, which must be proven in as part of a demonstrator.
This funding is from UKRI’s Strategic Priorities Fund (SPF).
The aim of this competition is to solve industry-focused major cyber security-related challenges in the Internet of Things (IoT). Innovate UK will show preference to projects that include a plan to test near-to-market interventions and experiments in real environments.
Your proposal must address one of the following two themes:
- Cyber resilient IoT systems for critical national infrastructures.
- Secure and energy-efficient IoT systems in resource-constrained environments.
Your project’s total eligible costs must be between £2million and £4million and you can claim a maximum of £2million grant funding.
Projects must start by 1 October 2020 and end by 30 September 2022. They can last between 18 and 24 months.
To lead a project your organisation must:
- Be a UK-registered business, of any size
- Collaborate with other UK registered businesses, research organisations, public sector organisations or charities
- Involve at least one academic partner
- Involve at least one micro, small or medium-sized enterprise (SME)
- Carry out your project work in the UK
- Intend to exploit the results in or from the UK
To collaborate with the lead organisation your organisation must:
- Be a UK-registered business, academic institution, public sector organisation or third sector organisation (such as charities or community groups), or research and technology organisation (RTO)
- Carry out its project work in the UK
- Intend to exploit the results from or in the UK
- Be invited to take part by the lead applicant
- Enter its costs in the Innovation Funding Service
The lead and at least one other organisation must claim funding.
Projects can include partners that do not receive any funding (for example, non-UK businesses). Their costs will count towards the total project costs.
Any one business can lead on one application and collaborate in a further two applications. If a business is not leading an application, they can collaborate in up to three applications.
An academic institution or RTO cannot lead on an application but can be a collaborator in any number of applications.
Innovate UK have allocated up to £4million to fund innovation projects in this competition.
Organisations that are primarily engaged in commercial or economic activity (known as selective advantage) as part of the project must ensure their request for funding does not exceed the limits defined below. This includes organisations that typically act non-economically but for the purpose of this project will be undertaking commercial or economic activity.
For industrial research projects, you could get funding for your eligible project costs of:
- Up to 70% if you are a micro or small organisation
- Up to 60% if you are a medium-sized organisation
- Up to 50% if you are a large organisation
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
- Up to 45% if you are a micro or small organisation
- Up to 35% if you are a medium-sized organisation
- Up to 25% if you are a large organisation
You can request a maximum grant of £2million. You will need to make sure the total funding sought column in the finance summary in your application reflects this.
The research organisations in your consortium undertaking non-economic activity as part of the project can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation undertaking non-economic activity, this maximum is shared between them.
This competition provides state aid funding under article 25, ‘aid for research and development projects’, of the General Block Exemption Regulation (GBER). It is your responsibility to make sure that your organisation is eligible to receive state aid.
Innovate UK are not funding projects that cover:
- The use or development of quantum technologies, including quantum key distribution
- The development of new network infrastructure such as 5G
- The creation of new facilities
Cresco Innovation works with companies to develop and implement innovation strategies. We help client companies identify opportunities to develop new products and services, and then create a package of support to ensure that the idea is turned into a commercial reality.
Our services include securing grants (as a team we have raised around £40million over three years), business planning, IP advice, access to finance and funders, project management and IP commercialisation support.
We regularly act as the interface with the funding bodies and help clients ensure that their projects are properly managed to ensure the best outcome for all.