COMPETITION FOR FEASIBILITY STUDY FUNDING
Innovation in high value manufacturing frequently creates a need for new business models – new and varied ways of creating, delivering and capturing value.
In line with our High Value Manufacturing Strategy, the Technology Strategy Board is to invest up to £500k in feasibility studies to stimulate new business models supporting innovations in high value manufacturing. We are seeking feasibility studies across the whole manufacturing lifecycle.
Details can be found on the TSB Competition website (http://www.innovateuk.org/content/competition/new-business-models-i...
A group has been formed on _Connect where companies interested in participating in this competition can find details of the call, meet vitually with potential partners and find out the latest news about the competition which can be found via the attached web address. (https://connect.innovateuk.org/web/new-hvm-business-models
The competition is open to enterprises of any size. A small or medium-sized enterprise (SME) can participate either as a single company or in collaboration with one other qualifying organisation, while large companies must participate in collaboration with an SME. Projects must be business-led. We propose to fund projects which are preparatory to industrial research. These are eligible for up to 75% public funding and the total project cost will not exceed £33k.
The competition opens to applicants on 11 March 2013. A briefing event for potential applicants will be held on 26 March 2013, and the deadline for applications is at noon 24 April 2013.
Please pass this information on widely.