UK Research and Innovation (UKRI) is a new body established in 2018 that works in partnership with academic, commercial and public sector organisations and, among other things, directs innovation and research funding. UKRI has announced a new grant funding competition in developing new technology components that improve the efficiency of local energy systems. The total value of grants available under this initiative is £3 million.
The competition is open for UK based businesses. Partnerships are possible with non-UK businesses as long as they do not receive any funding. The rules of the contest are available here, but the key points are:
- The total eligible cost must be between £100 000 and £500 000
- Projects must be collaborative unless led by and SME
- Projects must include at least one SME if led by a large business
- Projects must be executed between 1 April 2020 and 31 March 2022
The competition aims to promote development in a small number of areas that will be replicable and scalable across the UK in the 2020s. In order to apply, contestants need to prepare an application that describes the project, answers 10 application questions and provides financial projections. More detailed description of the application content can be found here, and the contestants are also advised to read the general guidance for applicants.
Key dates in the competition are:
- 15 July 2019 – Briefing event
- 22 July 2019 – Opening date
- 9 October 2019 – Closing data (12:00pm)
- 13 December 2019 – Applicants notified
If Sustainable Islands International members are interested in this competition do get in touch to discuss what support the Account Managers can provide (email@example.com)