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