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Posted: Mar 12, 2012
UK Technology Strategy Board launches new grant program for technology-inspired innovation
(Nanowerk News) The Technology Strategy Board is to invest up to £2m in feasibility studies to stimulate innovation across our core technology areas and to help ensure that small and micro businesses in the UK are well equipped to respond to society's current and future challenges.
We are seeking projects in the fields of advanced materials and nanoscale technologies; biosciences; electronics, photonics and electrical systems; and information and communications technology. Innovation in these key enabling technology areas can be a significant driver of economic growth and enhance quality of life.
The competition is open to small and micro companies only, working either singly or in collaboration with one partner.
Projects can last up to four months and are eligible for grants of up to £25,000. Total project costs must not exceed £33,000.
This is a single-stage competition. It opens on 12 March 2012 and the deadline for receipt of applications is at noon on 11 April 2012. Successful projects must start on 1 August 2012. A briefing event for potential applicants will be held in London on 20 March 2012.