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Funding Competitions – Innovate UK Smart grants: January 2024 & UK-Switzerland CR&D Round 2

By January 24, 2024May 7th, 2024No Comments

Members may be interested in applying for either or both competitions: UK-Switzerland CR&D Round 2 and Innovate UK Smart grants: January 2024. Find out more below.

Innovate UK Smart grants: January 2024

UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.

  • Competition opens: Thursday 18 January 2024
  • Competition closes: Wednesday 24 April 2024 12:00pm

The Innovate UK Smart grant has focused scope and eligibility criteria to support SMEs and their partners in developing genuinely new innovations with significant potential for rapid economic return to the UK. The application process reflects the importance of obtaining economic benefits from public funding, and the potential for successful commercialisation, growth, and exports.

Proposals must be business focused, and show deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.

Applications can come from any area of technology and be applied to any part of the economy.

In applying to this competition, you are entering into a competitive process where your chance of success in securing funding will depend on the number and quality of applications submitted.

The total budget will be divided between the two streams.

UK-Switzerland CR&D Round 2

UK registered organisations can apply for a share of up to £4 million for innovative projects in all technologies. You must collaborate with at least one Swiss implementation partner applying under the equivalent Swiss Innosuisse programme.

  • Competition opens: Monday 5 February 2024
  • Competition closes: Wednesday 1 May 2024 11:00am

Innovate UK, part of UK Research and Innovation and Innosuisse, The Swiss Innovation Authority, will invest up to £4 million from Innovate UK and a minimum of 3 million CHF from Innosuisse in innovation projects.

We encourage innovation in, but not limited to, the following technologies:

  • life sciences
  • AI
  • semiconductor applications
  • quantum

The aim of this competition is to enhance UK and Swiss collaborations and capabilities in the emerging fields of technology. The result being, the developing and delivering of new innovations and applications of the technologies across a broad range of other sectors.

Your proposal must comply with the scope and eligibility requirements as stated on this competition summary page, and include a consortium made up of non-linked Swiss and UK partners.

Ben Kemp