UK registered businesses can apply for a share of up to £5 million for the purpose of developing innovative proposals with Singapore. You must collaborate with at least one Singapore business applying under the equivalent Enterprise Singapore programme.
Competition opens: Monday 3 June 2024
Competition closes: Wednesday 28 August 2024 11:00am
Description
Innovate UK, part of UK Research and Innovation, will invest up to £5 million in innovation projects in partnership with Enterprise Singapore. This competition has an open scope.
UK registered organisations must collaborate with at least one Singapore non-linked registered business applying under the equivalent Enterprise Singapore programme.
UK registered organisations must apply through the Innovation Funding Service (IFS) portal to Innovate UK and will be funded by Innovate UK.
Your Singapore partner will not receive any funding from Innovate UK.
Singapore partners must apply to and will be funded by Enterprise Singapore.
The aim of this competition is to fund business led collaborative research and development (CR&D) projects focused on industrial research.
The projects we fund are expected to result in a new product, industrial process or service. They must be innovative, involve technological development and have high market potential in the participating countries.
We would particularly welcome applications from the following sectors:
- Advanced manufacturing and materials
- Agrifood tech
- Mobility and transport
- Cybersecurity
- Health and life sciences
Eligibility
Your project
For UK organisations your project must:
- have a maximum grant funding request of £750,000
- last between 24 and 36 months
- start by 1 April 2025
- end by 31 March 2028
UK project partners must carry out the majority of their project work in the UK and intend to exploit the results from or in the UK.
The consortium must include at least one business registered in Singapore.
Scope
The aim of this competition is to fund business-led, collaborative research and development (CR&D) projects focused on industrial research, for innovative proposals developed between the UK and Singapore.
Your project must demonstrate:
- a clear game-changing 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
- 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
- considerable potential to significantly benefit the UK economy or national productivity
- the benefits of participants from the countries working together and how this adds value
- a clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- a clear route to market within two to three years of project completion
We would particularly welcome applications from the following sectors
- Advanced manufacturing and materials
- Agrifood tech
- Mobility and transport
- Cybersecurity
- Health and life sciences
How to apply
Before you start
You must read the guidance on applying for a competition on the Innovation Funding Service before you start.
Before submitting, it is the lead applicant’s responsibility to make sure:
- that all the information provided in the application is correct
- your proposal meets the eligibility and scope criteria
- all sections of the application are marked as complete
- that all UK partners have completed all assigned sections and accepted the terms and conditions (T&Cs)
The application is split into four sections:
- Project details.
- Application questions.
- Finances.
- Project Impact.
Explore Grant Opportunities with Expert Guidance
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