Deadline: 3-Sep-21
Innovate UK, part of UK Research and Innovation, will invest up to £1.5 million to support innovative micro, small or medium-sized enterprises (SMEs) to carry out international feasibility studies.
The aim of this competition is to increase the international engagement of innovative UK registered SMEs. It will support them in looking to establish or strengthen international research and innovation partnerships and networks and aid them to grow and scale up.
Your proposed study must:
- seek to develop strong innovative ideas
- build new international networks
- explore opportunities from international partnerships and access to new markets through collaboration in research and innovation
The purpose of these feasibility studies is not to implement projects. It is to enable businesses to take initial steps in exploring international opportunities to further an innovative idea, through identifying and engaging with overseas businesses, networks and other stakeholders, for example, research organisations, customers and end users.
Your proposal must:
- demonstrate the development potential of a strong innovative idea
- tell them which country or countries you want to focus on and justify why, setting out the objectives of your study
- tell them how international engagement fits within your business’s research and development, innovation or growth plans
- illustrate identified opportunities available from international partnerships and access to markets in your focus country or countries
- detail the follow-on activities expected from the study, and the potential impacts on your idea and your business
Funding Information
- Project size: Your project’s total eligible costs must be between £15,000 and £30,000.
Eligibility Criteria
- Your project must:
-
- start by 1 January 2022
- end by 31 March 2022,
- last up to 3 months
- Lead organisation: To lead a project or work alone your organisation must be a UK registered micro, small or medium-sized enterprise (SME).
- Project team
- To collaborate with the lead and be eligible to claim grant funding, your organisation must be a UK registered micro, small or medium-sized enterprise (SME).
- Each partner SME 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.
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/981/overview