At the end of October, we received some very exciting news for us and of course our clients.
In the last round of Innovate UK's Manufacturing and materials competition, we submitted three applications and received the results at the end of last month.
Dramatic drum roll please...
- 3/3
- 100% for TBAT!
- That's right, all three of our applications have been awarded funding. And not just that, the total that our clients will receive is a whopping:
- £0.5 Million
Round 2 of Innovate UK's Manufacturing and materials competition opens on 21st November 2016
- Registration closes on 18th January 2017
- Competition closes 25th January 2017
The aim of competition is to stimulate and broaden innovation in manufacturing and materials.
Innovate UK will fund a range of projects that address identified technical or commercial challenges. These aim to lead to increased productivity, competitiveness and growth for UK businesses.
A project may focus on technical feasibility, industrial research or experimental development.
Innovate UK has allocated up to £15m to fund innovation projects in this competition.
If you are an SME, you could get:
- Up to 70% funding for technical feasibility studies and industrial research
- Up to 45% funding for experimental development projects which are nearer to market
To find out more about this competition, click here.
Take a look at what other funding is available, click here.
