Collaborative Research and Development
are the UK鈥檚 innovation funding agency and part of and is a potential funding source for any business - academic partnership wanting to pursue a project that will stimulate innovation and growth by developing the new products, services, and processes. There are several different schemes available each with different eligibility criteria.
Current competitions are listed .
The main schemes are Smart Grants and Knowledge Transfer Partnerships.
Innovate UK Smart Grants
Smart Grants are an opportunity for UK-registered organisations to apply for a share of up to 拢25 million to deliver game-changing and commercially viable research and development innovation that can significantly impact the UK economy. This is Innovate UK鈥檚 main funding model for business-led proposals, there are regular deadlines every 2-3months. Applications can come from any area of technology and be applied to any part of the economy, as a result these are incredibly competitive.
There are three types of projects a Smart Grant can support:
- Early feasibility studies to analyse and evaluate the potential of an idea, including market research. Feasibility studies help businesses decide to work either individually or collaboratively with other industrial or research organisations, before conducting a subsequent larger project.
- Industrial research, with the intention that the skills and knowledge acquired will lead to an improvement in existing products, processes, or services.
- Experimental development, using existing knowledge and skills to develop new products, processes or services through activities including prototype testing, piloting, and demonstration.
Projects must be business-led and involve SMEs, research organisations cannot lead or work alone on a Smart Grant proposal; however, they can partner with a commercial organisation and access up to 30% of the total eligible project costs (at 80% FEC). Funding rates available to the businesses involved in a proposal vary with the size of business, type, and duration of proposal up to a maximum of 36months and 拢2m.
How to Apply
For academics partnering on an Innovate UK grant, the process includes both contributing to the main application on the Innovation Funding Service (IFS) and making a cut-down Je-S application:
- All partners are required to have access to the main grant on Innovation Funding Service. On this you will be able to see and edit the entire application, and you will be asked to complete specific sections that focus solely on the University鈥檚 role in the application.
- Research Services will help you cost the University鈥檚 project contribution via a Je-S application. In addition to the costing, you will be required to complete a Justification of Resources. You may also need to add a summary of the expertise and facilities provided by the University to the project.
- Once the Je-S is complete, it must be submitted ahead of the IFS deadline, and you must upload the PDF of the Je-S to your section in the IFS. You also take the costings from Je-S and enter them separately into the finances section for the University on IFS, where they are added to the total project costs automatically.
- Each partner must mark every section of the IFS form 鈥淐omplete鈥 on their version before the application can be submitted by the lead.
Your application will be reviewed by 3-5 assessors, there is no feedback stage.
Before submitting a SMART application, you must consider:
- The appropriateness of the company that you are collaborating with.
- The background Intellectual Property that you are bringing to the project.
- Potential conflicts of interest with existing collaborative research projects.
Managing a SMART Grant
Once funded there is a strict project monitoring process where each project is:
- Assigned a Monitoring Officer (specialist contractor),
- Required to submit quarterly reports.
- Deliver quarterly progress meetings, with monitoring officer in attendance.
Colleagues in the KTC can also help manage the relationship with your partner.