4 Feb 2016
SCI is pleased to bring you news from our collaborative partner, Innovate UK.
Innovate UK, the Research Councils UK (RCUK) and the Ministry of Science and Technology (MoST) for the People’s Republic of China are to invest up to £16 million in collaborative research and development projects that propose new commercial solutions to critical challenges impacting the socio-economic growth and development of China in relation to energy, healthcare, urbanisation and agri-food.
The aim of the competition is to bring together companies (small to medium sized companies and/or larger businesses), research organisations, academics and other collaborators from China and the UK for the joint research and development of new solutions to key socio-economic challenges, in the form of innovative products, processes or services. The principal market a project must consider is China.
Projects must be collaborative, involving both UK and Chinese participants, with both a UK lead partner and a Chinese lead partner. On the UK side, projects can be led by either a business or a research organisation. The lead partner should be able to demonstrate a clear route to commercialisation of the proposed product(s) or service(s), and should have a primary focus on the translation of research and/or knowledge.
The competition expects to fund mainly industrial research projects. For UK participants, small or micro businesses could receive up to 70% of their eligible project costs, medium-sized businesses 60% and large businesses 50%.
The expected UK projected costs should range from £800,000 to £1million (although costs outside this range will be considered). Projects should last for up to 24 months.
The UK lead partner must submit an application on behalf of all UK participants in the project to Innovate UK. The Chinese lead partner will submit their application for the same project to MoST or MoST’s executing agency.
This is a 2-stage competition. The deadline for stage 1 applications is 30 March 2016 at 12noon (UK time).
UK applicants must register by noon on 23 March 2016, one week before the application deadline.
Invited applicants from stage 1 will be asked to submit their second application by 24 August 2016 at 12noon (UK time).
For more information and how to register, please click on the link below.
Visit Blog