Dates:
Competition closes: 1 May 2024, 11am
Applicants notified: 12 August 2024
Project start date & duration: by 1 November 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 and how you intend to deliver significant economic impact, return on investment (ROI) and growth through commercialisation within two to three 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 two to three years of project completion
Projects in following areas are encouraged, but not limited to; life sciences, AI, semiconductor applications and quantum.
Quantum focussed projects that are not ‘second generation’ quantum technologies – defined as those involving the generation and coherent control of quantum states, resulting in phenomena such as superposition or entanglement, feasibility studies or projects that are low maturity in their development or market research, road mapping or landscape studies will not be funded.
Eligibility
- Subsidy Control and EC State Aid funding rules apply.
- Must be collaborative projects including at least one business entity from each country (UK and Switzerland) and one research institute from either the UK or Switzerland (research institute requirement waived if Swiss applicant is an individual start-up; pre-market and <50 FTE employees).
- UK project partners must carry out the majority of their project work in the UK and intend to exploit the results from or in the UK.
- Subcontractors are allowed, preferably UK or Switzerland based, with appropriate and justified costs.
Funding Rates
- UK partner maximum grant funding request of £450K.
| Project maturity (up to but not including commercialisation) | ||
| Organisation size | Feasibility and Industrial Research (TRL2-5) | Experimental Development (TRL 6-7) |
| Micro/small business | <70% | <45% |
| Medium sized business | <60% | <35% |
| Large business | <50% | <25% |
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.
