Competitions open for innovation projects and business-graduate partnerships
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Innovate UK is to invest up to £19 million in innovation projects
across the manufacturing and materials and infrastructure systems
industry sectors. You can apply in either area, depending on your
idea. Your project will need to fit the competition scope and
improve business growth and productivity or create export
opportunities for at least one UK small to medium-sized
enterprise...Request free trial
Innovate UK is to invest up to £19 million in innovation projects across the manufacturing and materials and infrastructure systems industry sectors. You can apply in either area, depending on your idea. Your project will need to fit the competition scope and improve business growth and productivity or create export opportunities for at least one UK small to medium-sized enterprise (SME). Additional funding of up to £16 million is being made available for Knowledge Transfer Partnerships (KTPs), which help businesses to recruit a suitable graduate to work on an innovation project. Innovations in infrastructure systems The market for systems that ensure smart and resilient infrastructure is expanding. It is driven by a global urban population that is growing by almost 60 million every year, and a demand for more adaptable infrastructure that is better integrated with social systems. There is also £425 billion of planned UK public and private infrastructure investment through the National Infrastructure Delivery Plan 2016 to 2021. This will help to support disruptive ideas come to market more quickly. Competition focus In this competition we are looking for innovation projects in:
The details
Opportunities in manufacturing There is a huge opportunity for businesses working on manufactured products, materials and associated services. The UK is the ninth largest producer in the world. We have an output of $247 billion, which accounts for 3% of global manufacturing output and 11% of the nation’s GVA (gross value added). It represents 50% of exports and 69% of business research and development. New manufacturing technologies and materials can enable new types of products or services. This can grow UK manufacturing productivity, increase material efficiency and sustain our competitiveness in the long term. Competition focus The aim of this competition is to encourage and broaden innovation in the manufacturing and materials sector. This may include:
It incorporates a wide range of manufacturing and materials technologies. The details
Applying for a KTP There is up to £16 million available for businesses to set up KTPs across the 2 sector areas. All disciplines and applications within infrastructure systems and manufacturing and materials will be considered for a KTP. That includes applications beyond the scope of the competitions. As in the 2 competitions, the deadline is 31 January 2018, but the application process is different. You should speak to your local knowledge adviser, who will help you to apply. |
