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  • Sunday, 19 May 2024
Innovate UK Announces £3M International Collaboration Fund

Innovate UK Announces £3M International Collaboration Fund

Innovate UK, a part of UK Research and Innovation, has unveiled a pioneering funding initiative, earmarking up to £3 million to bolster collaborative research and innovation endeavors. This initiative falls under the umbrella of the UK Government’s International Science Partnerships Fund (ISPF), administered by the Department for Science, Innovation, and Technology (DSIT).

 

Objective of the Funding Initiative:


The ISPF, boasting a substantial budget of £337 million, aims to stimulate international collaboration among UK researchers and innovators and their global counterparts, with a specific focus on pivotal themes such as planet, health, technology, and talent.

 

Target Collaboration:


This funding competition is geared towards enhancing collaborative efforts primarily between UK entities and organizations within the European Union. The overarching goal is to expedite the advancement and commercialization of quantum technologies, surmounting both technological and market barriers to ensure seamless adoption both domestically and internationally.

 

Eligibility Criteria:


Eligible applicants must be UK-registered businesses partnering with at least one non-linked organization registered in a European Union Member State. While participation from partners in other countries is encouraged, it's important to note that international partners will not receive funding directly from Innovate UK.

 

Application Process:


Proposals must be submitted through the Innovation Funding Service (IFS) portal. The competition follows a competitive process with a capped funding limit, implying that not all projects may secure support even if they garner high ratings. UK partners can request a maximum grant of £600,000 per project.

 

Inclusivity and Accessibility:


Innovate UK underscores its commitment to inclusivity and accessibility, urging applications from diverse backgrounds. Provisions are in place to accommodate applicants with disabilities or long-term conditions, ensuring equitable participation in the competition.

 

Contact and Support:


Interested parties are encouraged to contact Innovate UK well in advance of the competition deadline to arrange the necessary support. The agency can be reached via email or phone, with dedicated support lines open on weekdays during specified hours.

 

Closing Remarks:


With a deadline set for 11 a.m. UK time on the announced date, applicants are advised to verify competition details, as external platforms may not always reflect accurate information. Innovate UK's funding initiative holds promise for fostering impactful collaborations and driving innovation on a global scale.

 

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