News

Sustainable Innovation Fund – up to £10 million to help UK businesses and the public sector recover from COVID-19

Sustainable Innovation Fund – up to £10 million to help UK businesses and the public sector recover from COVID-19
Funding
Funding news

Organisations can apply for a share of up to £10 million, including VAT, to help UK businesses and the public sector recover from COVID-19 in a sustainable manner.

  • Competition opens: Monday 29 June 2020
  • Competition closes: Wednesday 5 August 2020 11:00am

Description

Innovate UK will fund organisations to develop and demonstrate new products or services. Your solution must help businesses and/or the public sector in the UK recover from the coronavirus (COVID 19) pandemic in a sustainable manner, demonstrating the impact and potential of a clean growth led recovery and transition to net zero.

The overall programme will be delivered in 2 phases. This is phase 1 and will focus on exploring the feasibility of proposals. Phase 2 will concentrate on continued research, development and testing. A decision to proceed with phase 2 will depend on the outcomes from phase 1. Only successful applicants from phase 1 will be able to apply to take part in phase 2.

This is a Small Business Research Initiative (SBRI) competition. SBRI programmes fund organisations to conduct challenge-based research and development (R&D) to develop products or services that address a specific unmet public sector need. The intellectual property (IP) for these products and services remains with the applicant and therefore can be commercialised across the UK and internationally.This competition closes at 11 am UK time on the date of the deadline.

Funding type

Procurement

Project size

We expect projects in this phase to range in size up to total costs of £60,000, including VAT.


Article Source: https://apply-for-innovation-funding.service.gov.uk/competition/654/overview#summary

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