UK businesses can apply for a share of up to £1million to develop AI and quantum technology or quantum sensing technologies together with organisations from EUREKA countries.
Innovate UK, part of UK Research and Innovation, is investing up to £1m to fund collaborative research and development (CR&D) projects focused on industrial research.
Innovate UK will fund projects in artificial intelligence (AI), quantum technology and quantum sensing.
Your project must aim to develop:
- Innovative products
- Technology-based applications
- And/or technology-based services with high market potential in the participating countries and/or throughout Europe
Your project must include at least one partner from one of the participating countries of the EUREKA Network in AI and Quantum. These countries are:
- South Korea
Your research and innovation project must focus on one of these two themes:
- Artificial intelligence.
- Quantum technology or quantum sensing.
Your proposal must have a civilian purpose.
The product, process or service must:
- Be innovative
- Involve a technological risk
- Have a civilian purpose
The project should:
- Benefit all involved partners in a well-balanced consortium
- Have an obvious advantage and added value resulting from the technological co-operation between the participants (such as increased knowledge base, commercial leads or access to research and development infrastructure)
Innovate UK reserves the right to apply a ‘portfolio’ approach for the selection of projects in this competition.
Total eligible project costs per project are a maximum of €400,000. This includes costs from all partners from the UK and all other countries.
Your project can last up to three years and is expected to start between January 2020 and June 2020. The start date is dependent on the national funding procedures of the countries involved in the selected projects. Projects must be collaborative.
To lead a project as a UK-based organisation you must:
- Be a business, of any size
- Collaborate with at least one business from the EUREKA Network in AI and Quantum participating countries, which must be a separate non-linked legal entity to the UK partners
- Follow the full process correctly
The organisations from EUREKA Network in AI and Quantum countries must meet the funding and eligibility conditions of their respective countries. These will be provided in the call for proposals document on the EUREKA web page.
You can also collaborate with other UK based businesses of any size and UK-based research organisations.
Research organisations cannot lead or work alone. They must be able to show how they will exploit the results of the project to grow the wider sector in the UK.
Innovate UK have allocated up to £1million to fund innovation projects in this competition.
For industrial research projects, you could get funding for your eligible project costs of:
- Up to 70% if you are a micro or small business
- Up to 60% if you are a medium-sized business
- Up to 50% if you are a large business
The UK research organisations in your consortium can share up to 30% of the UK total eligible project costs. If your consortium contains more than one UK research organisation, this maximum will be shared between them.
This competition provides state aid funding under article 25 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 will not fund projects that:
- Work on non-civilian applications for AI and quantum technologies
- Are not in scope
- Do not meet the eligibility criteria
- Do not submit all mandatory documentation
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.