Deadline: 3-May-23
UK registered businesses can apply for a share of up to £5 million for the purpose of developing innovative proposals with Singapore.
The aim of this competition is to fund business led collaborative research and development (CR&D) projects focused on industrial research. Your proposal must include at least one partner from the UK and one partner from Singapore.
The projects they fund are expected to result in a new product, industrial process or service. They must be innovative, involve a technological development and have high market potential in the participating countries.
Sectors
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They would particularly welcome applications from the following sectors:
- Advanced manufacturing and materials
- Agrifood tech
- Mobility and transport
- Cybersecurity
- Health and life sciences.
Funding Information
- UK applicants can apply for a maximum grant of up to £350,000 for a project.
Eligible Projects
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Your project must demonstrate:
- A clear game-changing or disruptive innovative idea leading to new products, processes or services
- A strong and deliverable business plan that addresses and documents, market potential and needs
- Sound, practical financial plans and timelines
- Good value for money which will always be a consideration in Innovate UK funding decisions
- A clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
- Considerable potential to significantly benefit the UK economy or national productivity
- The benefits of participants from the countries working together and how this adds value
- A clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- A clear route to market within 2 to 3 years of project completion.
Eligibility Criteria
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Your project must:
- apply for a maximum grant of up to £350,000
- start by 1 November 2023
- end by 31 October 2026
- last between 24 and 36 months
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Lead Organisation
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To lead a project your organisation must:
- Be a UK registered business of any size
- Be or involve at least one grant claiming UK registered SME
- Partner with a Singapore registered business, which must be a separate non-linked entity to the UK project partners
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To lead a project your organisation must:
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Project Team
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To collaborate with the lead, your organisation must be one of the following UK registered:
- Business of any size
- Academic institution
- Research and technology organisation (RTO)
- Each UK partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own project costs into the Innovation Funding Service.
- To be an eligible collaboration, the lead and at least one other organisation must apply for funding when entering their costs into the application.
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To collaborate with the lead, your organisation must be one of the following UK registered:
Ineligible
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They are not funding projects that:
- Work on non-civilian applications
- Do not meet Innovate UK’s eligibility criteria
- Do not submit all mandatory documentation
- Request grant of more than £350,000 from Innovate UK
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They cannot fund projects that are:
- Dependent on export performance, for example giving a subsidy to a baker on the condition that it exports a certain quantity of bread to another country
- Dependent on domestic inputs usage, for example giving a subsidy to a baker on the condition that it uses 50% UK flour in their product
For more information, visit Innovate UK.