Grant information


CLOSED    Opened: 17 January 2022   |   Closes: 09 March 2022

Overview

ISCF Commercialising quantum technologies: feasibility studies round 3 UK registered organisations can apply for a share of up to £6 million for projects to advance the commercialisation of quantum technologies in the UK. Eligibility This competition is open to single applicants and collaborations. To lead a project your organisation must be a UK registered: business of any size You must involve at least one grant claiming micro, small or medium-sized enterprise (SME).

Description

Innovate UK, part of UK Research and Innovation, will invest up to £6 million in innovation projects. This funding is from the ISCF Commercialising quantum technologies challenge.

The aim of this competition is to advance the commercialisation of quantum technologies in the UK and to address one or more of the technical challenges:

  • connectivity
  • seeing the invisible
  • positioning, navigation and timing
  • computing

Your proposal must identify a clear market opportunity and an innovative project which exploits it.

Your project must:

  • exploit second generation quantum techniques
  • demonstrate how the technology will contribute towards the commercialisation of quantum technologies in or from the UK
  • outline the investment from industry that you will generate.

In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.

Funding type

Grant

Project size

Your project’s total eligible costs can be up to £500,000.

Who can apply

Your project

Your project must:

  • have total eligible costs up to £500,000
  • start by 1 November 2022
  • last between 12 and 18 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK

If your project’s total eligible costs falls outside of the eligibility criteria, you must provide justification by email to support@iuk.ukri.org at least 10 working days before the competition closes. UKRI and Innovate UK will decide whether to approve your request. If you have not requested approval or your application has not been approved by us you will be made ineligible and your application will not be sent for assessment.

Funding for research organisations will be capped at £250,000, for larger projects that have been given permission to apply.

Lead organisation

To lead a project or work alone your organisation must:

  • be a UK registered business of any size
  • involve at least one grant claiming SME

Academic institutions and research organisations cannot lead or work alone.

Project team

To collaborate with the lead, your organisation must be one of the following UK registered:

  • business of any size
  • academic institution
  • charity
  • not-for-profit
  • public sector organisation
  • research and technology organisation (RTO)

Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own project costs into the Innovation Funding Service.

If collaborating the lead and at least one other organisation must claim funding by entering their costs during the application.

Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total eligible project costs.

Funding

UKRI and Innovate UK have allocated up to £6 million to fund innovation projects in this competition.

If the majority of your organisation’s work on the project is commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.

For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:

  • up to 70% if you are a micro or small organisation
  • up to 60% if you are a medium-sized organisation
  • up to 50% if you are a large organisation

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