Innovate UKÂ are launching two new competitions on Monday 18th July:Â First of a kind deployment in innovation and Commercialisation of quantum technologies. See below for details.
If any of these competitions are of interest to your business and you would like assistance in scoping an application please do not hesitate to contact us.
First kind of deployment in Innovation
Major trends and challenges are creating enormous pressures on the complex and interdependent social and technical infrastructure systems that underpin modern societies. These trends and challenges include:
· ageing populations
· urbanisation
· changes in the ways we live and work
· climate change
These pressures and planned major infrastructure projects will create domestic and export opportunities for UK businesses. These businesses must be able to develop, commercialise or adopt innovative solutions that are quick, easy, cost-effective and provide:
· extra capacity
· adaptability
· resilience
· future-proofingother novel functionalities
The aim of this competition is to enable selected innovative infrastructure systems solutions to take the final step to market readiness by proving:
· repeatable financing and business cases for the innovation
· that the innovation delivers the expected outcomes when integrated in complex real-world applications
Innovate UK are looking for projects that will support innovative solutions for system challenges in:
· energy generation and supply
· connected transport
· urban living
Key Details?Â
· This competition has 2 phases:
· Phase 1 - funded study
· Phase 2 - testing the innovation in a commercial environment
· Projects are expected to range in size up to £5m depending on phase.
· You could receive up to 100% funding!
Key Dates
· Competition opens  18th July 2016
· Registration Deadline  24th August 2016
Application Deadline - 31st August 2016
Commercialistion of quantum technologies
ÂThe aim of this competition is to encourage collaborative  R&D projects and feasibility studies that will either: ·  develop prototype devices and demonstrators of quantum  technologies or their component technologies ·  improve the understanding of the technical, business or market  challenges of taking a new device or service to market Key Details ·  Projects should range from total costs of £50,000 to £2m  depending on the study ·  Projects should last between 6 month to 1 year for Feasibility Studies and  up to 2 years for Collaborative  Research and Development ·  All projects must be collaborative ·  All projects must be carried out in the UK ·  Receive up to 70% of your project costs depending on your  business size Key Dates ·  Competition Opens- 18th July 2016 ·  Registration Closes - 28th September 2016 ·  Competition Closes - 5th October  2016 |
TBAT Innovation has years of successful experience with  scoping projects and writing funding applications and would be happy to  discuss your project needs. If this is of interest contact us. |