Deadline: 15-Dec-22
Applicants are now invited to submit applications for the Knowledge Asset Grant Fund: Extend (KAGF).
The Knowledge Asset Grant Fund (KAGF) programme is run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Business, Energy and Industrial Strategy (BEIS). Innovate UK are administering this competition using their online competition platform on behalf of GOTT.
The aim of this competition is to support the identification and development of public sector knowledge assets, including their repurposing, commercialisation or expanded use. These assets may include intellectual property, data, innovation, software and knowhow. The Knowledge Asset Grant Fund will support projects which are not suitable to secure investment from private sources. For example, this could be where funding is required to develop an asset to be used across different organisations within government which usually do not collaborate.
Funding Information
Have a grant funding request between £100,001 and £250,000
Projects they will not fund
- They are not funding:
- fundamental research and development, aimed at creating or developing new knowledge assets
- projects which have already advanced to the point where they could be considered an investable opportunity by private funding sources
- projects that are directly or indirectly requesting funding for an existing commercial entity that is not a government body
- Funding will not be conditional 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
Eligibility Criteria
- Your project must:
- start after 1 October 2022
- last between 2 and 18 months
- end by 31 March 2024
- generate social, financial or economic benefits to the UK
- seek funding to develop a knowledge asset or assets that are majority owned by the UK government organisation applying for funding
- To lead a project your organisation must be:
- a UK public sector organisation
- headed by an Accounting Officer responsible for upholding Managing Public Money (MPM)
- the primary beneficiary of any revenue-generating potential created by the funded activities
- This includes but is not limited to:
- central UK government departments,
- non-departmental public bodies (NDPB)
- arm’s length bodies
- public sector research establishments (PSREs)
- NHS trusts
- Your organisation must have approval from a Senior Civil Servant or equivalent, with the appropriate budget delegation from their accounting officer, up to and including the value of the grant being sought.
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/1229/overview/64b05e95-0b9d-49ab-a568-07855e503c0c
