The British government (via Innovate UK) have announced up to £2m of research funding to small and micro businesses to help them carry out feasibility studies into innovative projects. Funding will be available across 4 key areas that they feel will underpin the future development of high-value products and services in the UK:
- advanced materials
- biosciences
- electronics, sensors and photonics
- information and communication technology
This funding competition aims to ensure that small and micro companies are able to respond to market opportunities across a range of economic sectors; and is aimed to keep the UK at the forefront of technological development.
Studies can be carried out into a wide range of new products and services, from materials for energy and healthcare to new biological products and bio-based solutions, sensor systems, power electronics, use of data and simpler computing experiences.
The competition for funding opens on 18 January 2016 (with a registration deadline of 9 March 2016).
Further details and application forms are available here.
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