Dates
Competition closes: 3 June 2024, 11am
Applicants notified: 31 July 2024
Project start date & duration: by 1 December 2024, 18-36 months
Scope – Your project must demonstrate
- a clear game-changing or disruptive innovative idea leading to new products, processes or services
- a strong and deliverable business proposal within your application that addresses and documents, market potential and needs
- sound, practical financial plans and timelines
- good value for money
- how you intend to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, within 2 to 3 years of project completion
- clear potential to significantly benefit the UK economy or national productivity
- the benefit of participants from the countries working together and how this adds value
- a clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- a clear route to market within 2 to 3 years of project completion
Projects in the following areas are particularly welcome; Quantum, AI, Semiconductor Applications, Engineering Biology, Future Telecommunications, Green Technologies (including hydrogen and battery technologies).
Eligibility
- Projects must be collaborative and all businesses in a consortium must be separate legal and non-linked entities.
- UK partners must carry out their project work in the UK and exploit the results from or in the UK.
- UK participants must submit an application to Innovate UK and German partners must submit an application to the German ZIM programme. Both UK and German applications must be successful to receive grant funding.
- To lead a project from the UK side, you must be a UK registered business of any size, collaborate with at least one German registered SME and be or involve at least one UK SME.
- Subsidy Control and State Aid funding rules apply.
Funding Rates
Your project’s UK partners grant funding request must not exceed £500K in total
| Project maturity (up to but not including commercialisation) | |
| Organisation size | Industrial Research (TRL2-5) |
| Micro/small business | <70% |
| Medium sized business | <60% |
| Large business | <50% |
Research organisations in your consortium can share up to 30% of the UK total eligible project costs.
How PNO can support you
The UK team has a strong track record in securing some of the most competitive national and European grants on behalf of its clients, with a full understanding of how a project should be presented to stand the highest chance of success. Each year in the UK alone, we are responsible for the submission of more than 100 funding applications across all sectors and priority areas. Based on this extensive experience, through careful project selection and using key insight into how a project should be best positioned, we consistently achieve success rates that are more than 5 times the typical success rates for UK national schemes and EU programmes.
For further information or to discuss a project idea please contact PNO Consultants: 0161 488 3488 or fill out the contact form below.
