UK-registered businesses can apply for a share of £8million in grant funding for projects supporting recovery and growth of the UK’s foundation industries.
Your project must:
- Have total eligible costs between £100,000 and £1million
- Last between three and 12 months
- Start by 1 April 2021
To lead a project, your UK-registered organisation:
- Must be either a business of any size or research and technology organisation (RTO)
- Must carry out its project work in the UK
- Must intend to exploit the results from or in the UK
Academic institutions cannot lead or work alone. Research and technology organisations cannot work alone.
To collaborate with the lead, your UK-registered organisation must:
- Be a business of any size, academic institution, charity, not-for-profit, public sector organisation 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 by the lead organisation
If the lead organisation is an RTO, the project team must contain at least two businesses of any size.
The lead applicant must claim funding by entering their costs during the application.
Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Partners must enter their own project costs.
Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total eligible project costs.
Subcontractors can be from anywhere in the UK. In exceptional circumstances such as the skillset not being available in the UK, you can use a subcontractor from anywhere in the world. The work carried out must be fundamental to the project and you must be able to evidence this in your application.
Innovate UK would expect subcontractor costs to be justified and appropriate to the total eligible project costs.
Any UK-registered business or RTO leading on an application can collaborate in a further two applications.
If a UK-registered business is not leading any application, it can collaborate in up to three applications.
If an RTO is not leading any application, it can collaborate in any number of applications.
Public sector organisations, charities, research organisations and academic institutions can collaborate on any number of applications.
Innovate UK have allocated up to £8million to fund innovation projects in this competition.
If your organisation’s work on the project is mostly commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.
For feasibility studies and 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
Research organisations undertaking non-economic activity as part of the project can share up to 50% of the total eligible project costs. If your consortium contains more than one research organisation undertaking non-economic activity, this maximum must be shared between them.
This competition provides state aid funding under article 25, ‘Aid for research, development and innovation’, 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:
- Focus on fuel switching or greenhouse gas capture technology
- Do not focus on foundation industries and their immediate supply chains
- Focus on skills
- Are capital or infrastructure projects
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.