Our first recommendation is to try us out. Contact us directly via:
- Consulting which is usually a good way to get a dedicated expert to assess the requirement and define a project
- Industrial project – can be resourced by the university or a mixture between the company and the university.
Or if you have limited funds and you are happy to share your idea with the wider industry then you have some other options:
Research councils (http://www.rcuk.ac.uk/)
Initial work defining new research – you can look at supporting an EPSRC program an academic is putting forward. This is often a university project with many chosen industry partners supplying data.
Innovate UK (if you are eligible) (https://www.gov.uk/government/organisations/innovate-uk)
If you applying known research to existing capability you can use:
- SMART awards – Proof of Market, Proof of Concept, Proof of Demonstration (Open all year round with 4 review panels annually) – More information
- Innovate UK Collaborative research and development: Latest calls
- Knowledge Transfer Partnerships (KTPs) – 12 months to 3 years in length
Note that Innovation Vouchers have been recently mothballed.
European Union – Horizon 2020 (http://ec.europa.eu/research/participants/portal/desktop/en/funding/index.html)
The Research for SMEs scheme endeavours to enhance the research and innovation capacities of European SMEs which have little or no research capacity themselves to turn innovative ideas into products and services with clear future market potential in line with the aims of the Innovation Union. It provides financial support to SMEs to outsource research and technological development, with the view of acquiring intellectual property rights, preferably ownership, of the project results. The scheme is collaborative, requiring at least 3 SMEs from three different Member States or Associated countries, along with 2 Research & Technological Development (RTD) performers (independent from any other participant). It follows a bottom-up approach, meaning that it can be carried out in the entire field of science and technology, with support targeted at projects aimed at creating new knowledge or achieving results with a clear exploitation potential to improve or develop new products, processes or services which meet the needs of the participating SMEs. This scheme is not a suitable instrument to solve short-term technological problems, but can assist companies in acquiring technological know-how and accessing international networks for their medium to long-term business development.
Steve Bradley (from Beta Technology Ltd) is the official UK National Contact Point for SMEs, part of the wider EU network, assisting UK businesses to progress their innovation led development plans, through EU funded projects as part of Framework Programme 7, and later Horizon 2020.
- Competitiveness of enterprises and SMEs 2014-2020 – €2.5bn with COSME
- BBSRC CASE Studentships
- EPSRC Industrial CASE Studentships
- National Institute for Health Research (NIHR) Invention for Innovation (i4i) Scheme
CASE: Cooperative Awards in Science & Technology
- North Star Equity Investors – the £21M North East Proof of Concept Fund and the £34M North East Accelerator Fund.
- IP Group – the £28M North East Technology Fund
- Finance Wales Investments – commercial investments in SMEs based in Wales or willing to relocate
- Joint European Resources for Micro to Medium Enterprises (JEREMIE) venture capital fund
- Regional Growth Fund – The Department for Business, Innovation and Skills – £2.4bn
- Northumberland Business Support Ltd (NBSL) – Funding of up to £2,800
- Finance Yorkshire Equity Fund – £15k to £2M of seedcorn finance, business loans and equity-linked finance
- Northwest Fund – £50k – £1.5M