Deadline: 27 February 2019
Applications are open for UK-Israel open collaborative competition to support collaborative, business led research and development (R&D) projects which should result in a new product, industrial process or service.
Projects must be innovative, involve a technological risk and target large global markets.
Scope
- a clear game-changing and/or disruptive innovative idea leading to new products, processes or services
- a strong and deliverable business plan that addresses (and documents) market potential and needs
- a team, business arrangement or working structure with the necessary skills and experience to run and complete the project successfully and on time
- awareness of all the main risks the project will face (including contractor or equipment failure, recruitment delays and so on) with realistic management, mitigation and impact minimisation plans for each
- sound, practical financial plans and timelines
- good value for money which will always be a consideration in Innovate UK funding decisions
- 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
- clear, considerable potential to significantly benefit the UK and Israeli economies and/or national productivity
- the benefit of participants from the 2 countries working together
- how this adds value
Funding Information
UK project total eligible costs are expected to be between £200,000 and £250,000. Projects are expected to last up to 24 months.
Eligibility Criteria
- To be eligible for funding their collaboration must:
- be led by a UK business of any size
- include at least one business in the UK and at least one in Israel
- The Israeli partner or partners must be separate, non-linked legal entities from the UK partners.
How to Apply
Applicants can apply online via given website.
For more information, please visit https://apply-for-innovation-funding.service.gov.uk/competition/274/overview#summary