Your project must:
- Have total eligible costs of up to £128,000
- Start by 1 May 2021
- Be up to 24 months in duration
To lead a project your organisation must be either a:
- UK-registered micro, small or medium sized enterprise (SME)
- Not for profit organisation
Your project must:
- Intend to exploit the results from or in the UK and Canada
- Carry out most of its project work in the UK
Academic institutions cannot lead.
Working in partnership with NRC
Before starting an application or being invited to join a project in the Innovation Funding Service, you must have established a partnership with an appropriate research team at NRC Canada.
If you do not name an NRC research partner, you will not be eligible for funding through this competition.
The Knowledge Transfer Network (KTN) will hold two information sessions on 14 October 2020 and 3 November 2020. At the sessions, NRC researchers will explain the type of projects they are looking for. This will give you the chance to connect with the appropriate NRC counterparts before applying.
Further information on these sessions and the application process will be made available by the KTN.
You are expected to have attended the information sessions and have had discussions with NRC research partners before submitting a proposal.
You must include evidence of this preparatory work to establish a relationship and define the project scope in your proposal.
You do not need to invite your NRC partner into the Innovation Funding Service. Their costs will not count towards the total eligible project costs.
To collaborate with the lead organisation your organisation must:
- Be a UK-registered SME, academic institution, catapult, charity, public sector organisation or research and technology organisation (RTO)
- Carry out most of its project work in the UK
- Intend to exploit the results from or in the UK and in Canada
If your application is a collaboration, the lead and at least one other organisation 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. Once accepted, collaborators will be prompted to log in or create an account and enter their own project costs into the Innovation Funding Service.
Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. However, their costs will count towards the total eligible project costs.
Subcontractors are allowed in this competition and must be selected through participant’s normal procurement process.
If an overseas subcontractor is selected, a case must be made as to why no UK-based subcontractor can be used including a detailed rationale, evidence of UK companies that have been approached and reasons why they were unable to do so. Innovate UK would expect subcontractor costs to be justified and appropriate to the total eligible project costs. A cheaper cost is not deemed as a sufficient reason to use an overseas subcontractor.
Any one SME, catapult, charity or not for profit organisation can lead on one application and collaborate in a further two applications.
If an SME, catapult, charity or not for profit organisation is not leading an application, it can collaborate in up to three applications.
An academic institution can collaborate in up to three applications.
A total of up to £290,000 is allocated to fund three innovation projects in this competition. Your total grant funding must not exceed £96,000 This is regardless of the individual partners’ grant claims.
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
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
The research organisations in your consortium undertaking non-economic activity as part of the project could get funding for your eligible project costs of:
- Up to 100% if you are a Catapult, RTO or not for profit organisation
- Up to 80% of full economic costs (FEC) if you are an academic organisation
The following specific terms and conditions will apply to this competition:
- Projects can only receive a maximum of 75% of total eligible project costs with a maximum grant of £96,000.
- Overheads must be capped at 10% of total eligible project costs.
- Purchase of equipment valued at more than £8,000 excluding VAT is ineligible for this call.
Overheads include both indirect and direct costs.Indirect overhead costs are costs that cannot be attributed to any specific business activity or project but are necessary for the business to function. For example, insurance, telephone, management salaries.
Direct overhead costs are costs incurred in the undertaking of the project, and may include consumable materials and supplies, equipment rentals, rent & utilities. For example, facility or equipment rental costs required specifically for the execution of the project.
Successful applicants will be required to submit calculations for claiming direct and indirect overheads for review by Innovate UK’s project finance team. This is so they can assess the appropriateness of the overhead value you are claiming and ensure that it does not exceed 10% of the total eligible costs for the project.
Innovate UK will not fund projects that:
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.