Applications are open for projects to bid for up to £50,000 early-stage funding to develop ideas that could then yield funding of £10m-£50m.
Businesses and research organisations can apply for funding to support innovations, with applications open for projects to bid for up to £50,000 early-stage funding to develop their ideas, and then go on to develop full stage bids that could see between £10 million and £50 million awarded to the strongest candidates.
Funding comes from the UK Research & Innovation’s Strength in Places Fund, announced in the government’s modern Industrial Strategy, to help local areas build on their research and innovation strengths and grow local expert networks.
The opening of this new round of funding follows the recent announcement that 23 projects around the UK were awarded up to £50,000 to develop their full-stage bids in Wave One of the fund.
The call for expressions of interest for Wave Two of the fund is now open and the deadline for submissions is October 9th 2019.