Competition closes: 03 May 2023, 11am
Applicants notified: 7 August 2023
Project start date & duration: start by 1 November 2023, duration 24 – 36 months
Projects must demonstrate:
- a clear game-changing or disruptive innovative idea leading to new products, processes, or services
- strong, deliverable business plan, sound, practical financial plans, timelines, and good value for money
- a clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
- a high market potential in the participating countries and considerable potential to significantly benefit the UK economy or national productivity
- the benefits of participants from the countries working together and how this adds value
- Clear definition of where intellectual property (IP) can be used and shared between the participants/countries
- a clear route to market within 2 to 3 years of project completion
Applications are particularly welcomed from the following sectors: Advanced Manufacturing and Materials, Agrifood Tech, Mobility and Transport, Cybersecurity, Health and Life Sciences.
Projects that will not be funded
Projects that work on non-civilian applications, are dependent on export performance or dependent on domestic inputs usage
- Must be collaborative industrial project led by a UK-registered business (of any size) and include at least one SME. All businesses in a consortium must be separate and non-linked entities
- UK project partners must carry out majority of their project work in UK and exploit the results from/in UK.
- Consortium must include at least one business registered in Singapore (separate, non-linked entity).
- Projects should have a balanced contribution of the total eligible project costs among the partners from the participating partner countries. No more than 70% of the total project costs can be claimed by any single partner or by all partners from a single participating country.
- Subsidy Control and EC State Aid funding rules apply
- Subcontractors must be UK based, with costs justified and appropriate to the total costs.
- Total eligible project costs up to £350,000 (£5M pot).
For Industrial Research (TRL3-5) you could get funding for your eligible project costs of:
- up to 70% if you are a micro or small organisation
- up to 60% if you are a medium-sized organisation
- up to 50% if you are a large organisation
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 | email@example.com