UK registered Businesses Can Apply for a Share of Up to £6 Million

Deadline: 4-Nov-22

UK registered businesses can apply for a share of up to £6 million for projects that grow activities in the net zero innovation cluster centred on Tees Valley. This funding is Minimal Financial Assistance (MFA) from Innovate UK.

Specific Themes

• Your project can focus on one or more of the following:
  • Hydrogen.
  • Carbon capture and storage.
  • Offshore engineering.
  • Battery materials.
  • The circular economy.
• Your project can also consider key enabling themes:
  • Digital technologies.
  • The regulatory framework.
  • Skills requirements.
  • Collaboration building.
  • Innovative business model.

Scope

• The aim of this competition is to support outstanding innovation projects by businesses active, or growing their work activities, in the net zero innovation cluster centred on Tees Valley.. This geographical requirement is set because this competition aligns to the Government’s goals in the Levelling Up White Paper.
• Your project must be innovating within the specific net zero themes for this competition.
• Your project must commercialise knowledge through new innovation activities and lead to increased investment into research and innovation. It must contribute to growing business activities and generating economic impact in the net zero cluster centred on Tees Valley.

Funding Information

• Your project’s total costs must be between £25,000 and £100,000.

Eligibility Criteria

• Your project must:
  • Have total eligible costs between £25,000 and £100,000.
  • Start by 1 December 2022.
  • End by 30 November 2023.
  • Last between 3 and 12 months.
  • Intend to exploit the results from or in the UK.
• Lead organisation
  • To lead a project your organisation must:
    • Be a UK registered small medium enterprise (SME).
    • Be active, or growing your work activities, in the net zero innovation cluster centred on Tees Valley.

Projects they will not fund

• They are not funding projects:
  • That do not align with the net zero theme described in the scope.
  • Where the work location does not add to the net zero innovation cluster centred on Tees Valley.
  • That involve primary production in fishery and aquaculture.
  • That involve primary production in agriculture.
  • With activities relating to the purchase of road freight transport.
  • Not allowed under De minimis regulation restrictions.
  • Not allowed to receive Minimal Financial Assistance.
  • With total project costs of below £25,000 or above £100,000.
  • That are dependent on export performance, for example giving an award to a baker on the condition that they export a certain quantity of bread to another country.
  • That are dependent on domestic inputs usage, for example if we give an award to a baker on the condition that they use 50% UK flour in their product.

For more information, visit Innovate UK.

For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/1213/overview/c7911f5b-9277-49aa-b5ea-da922b2a0420