Feasibility Studies for Technology-Inspired Innovation

The government has announced plans to stimulate innovation across a range of core technology areas to help ensure that small and micro businesses in the UK are well-equipped to respond to society's current and future challenges. Up to £2 million will be invested in feasibility studies through grants of up to £25,000.

The funding competition will focus on feasibility studies in four technology areas:

Advanced Materials and Nanoscale Technologies; Biosciences; Electronics, Photonics and Electrical Systems; and Information and Communications Technology

The competition, which is open only to small and micro sized companies, opens on 12th March 2012 and applications must be submitted by 11th April 2012.

For further information about the competition please visit: TechInsp competition.

Companies looking for partners for their proposed project are encouraged to go to connect (www.innovateuk.org/connect) to find collaborators and networks.