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Enterprise Advisors (UK) Ltd
Watnall, Notts. NG16 1HQ
Feasibility and Collaborative R&D Competitions
With a vision for the UK to be a global leader in innovation, the Technology Strategy Board (TSB) have identified numerous focus areas across science, engineering and technology.
Funding competitions are launched to support both SMEs and larger organisations to participate in industry-led collaborative projects and increase their innovation investment.
Feasibility studies are typically small-scale technical assessments of early stage research attracting up to 75% funding.
Collaborative R&D projects seek to develop highly innovative and underpinning technologies or processes. Projects can range from focussed basic research aimed at establishing technical feasibility; through to applied research and experimental development. Funding typically ranges between 25% to 50%.
Applications are assessed on their merit accross the following areas
- Fit with scope of competition
- Attractive economic return on investment made by TSB
- Project's application areas and transfer for wider benefit
- Project team competency
- Risk identification and mitigation
- Financial consideration
How we can help you
The application process takes several months with two assessment stages. Time consuming and content specific, we look to take the angst away from you, writing the application and building the case on your behalf. With significant experience in this procedure, we are extremely successful in this area and charge the majority of our fees through success.
To find out more, please contact us.