News & Stories

Funding competition: manufacturing and materials round 3

18/05/2017

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.