UK businesses can apply for a share of up to £15 million to work on innovation projects in manufacturing and/or materials.
Innovate UK is to invest up to £15 million in innovation projects in manufacturing and/or materials.
They will look to fund projects that focus on identified technical or commercial challenges. These should lead to increased productivity, competitiveness and growth for UK small and medium-sized enterprises (SMEs).
They expect projects to range in size from total project costs of £50,000 to £2 million.
Projects should last between 6 months and 3 years.
Projects must involve at least one SME, working alone or in collaboration with other organisations.
Projects longer than 12 months or with costs of £100,000 or more must be collaborative with other partners.
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