£18M available for UK companies to develop new technologies

25 Aug 2010 | News | Update from Innovate UK
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Funding opportunity

The UK Technology Strategy Board (TSB) has launched a new competition to identify and award up to £18m in funding to companies developing new technologies in the areas of Advanced Materials, Biosciences, Electronics, Photonics and Electrical Systems, High Value Manufacturing, Information & Communications Technology and Nanotechnology.

“We are particularly keen to hear from organisations with ideas for enabling technologies,” says David Bott, the Technology Strategy Board’s Director of Innovation Programmes.

The TSB is opening the competition on 12 October and wants to attract entries from companies with ideas that have reached proof-of-concept stage. The £18 million will provide funding for in-depth development work lasting up to 3 years. It is expected that some of the consortia that get backing will involve companies and technologies that took part in the earlier TSB feasibility studies.

For general enquiries about this programme please ring +44 1793 442700. Companies and other organisations seeking further information about these and other funding competitions should visit the competitions page of the Technology Strategy Board website or email [email protected].

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