The Technology Strategy Board (TSB) is to invest up to £10 million in fast-track and collaborative research and development projects that stimulate innovation across the key enabling technology areas of advanced materials, biosciences, electronics, sensors and photonics and information and communications technology.
The organisation is running a competition to decide which projects to fund, and is now inviting applications.
Additional funding from the Engineering and Physical Sciences Research Council (EPSRC) and the Biotechnology and Biological Sciences Research Council (BBSRC) may be available for projects in line with the scope of this competition that contain a significant, high-quality academic research component, and which demonstrate added value by building on, or being complementary to, their existing research programmes and portfolios.
The TSB is seeking innovative proposals that focus on projects that advance the development of a recent technological discovery or breakthrough in the context of significant and identifiable technological risk, which can be broadly applied across a wide range of market opportunities and needs.
Projects must be collaborative and business-led. The closing date for registrations is 23 January.