Innovate UK Funding Opportunity – UK and South Korea data driven urban innovation Bi-Lateral

Digital Twin Hub > Articles & Publications > Innovate UK Funding Opportunity – UK and South Korea data driven urban innovation Bi-Lateral

Learn more here: https://apply-for-innovation-funding.service.gov.uk/competition/1848/overview/4e14037e-cb29-42a0-8fc0-03560197b5e3

Description

Innovate UK, part of UK Research and Innovation, will invest up to £4 million across the 2 Phases of this competition. Innovate UK will work with the Korea Agency for Infrastructure Technology Advancement (KAIA) who will match the UK funding to support the South Korean partners.

 

This is a two phase bi-lateral collaborative research and development (CR&D) competition.

 

 

The aim of this competition is to fund business led, collaborative research and development (CR&D) projects which link activities in the UK and South Korea.

 

Projects must focus on exploring the potential of proposed data driven innovations in cities that will deliver positive impact around key urban issues.

 

This competition has four themes and you must select the theme you are focused on. If your proposed solution falls outside of the first three themes, or significantly cuts across those three theme areas, you must select theme 4.

Themes:

 

  1. Mobility Innovation Solutions.
  2. Disaster Management Solutions.
  3. Net-Zero Energy Optimisation Solutions.
  4. Other Data-centric Innovative Solutions.

 

In this phase 1 competition, £1 million is available to fund UK organisations undertaking collaborative feasibility projects of up to eight months. South Korea is investing an equivalent amount to fund South Korean participants.

 

Projects which have successfully participated in phase 1, may be invited by Innovate UK, to apply into phase 2 of this competition.

 

During phase 2, your project must be collaborative and enhance your innovation with improvements through comprehensive testing and iteration in real or representative settings. You must work with potential future customers and users.

 

Phase 2 projects will be up to two years and the results must be commercialised at the end of phase 2.

 

UK registered businesses must collaborate with at least one South Korean non-linked registered business applying under the equivalent KAIA programme.

UK registered organisations must apply through the Innovation Funding Service (IFS) portal to Innovate UK.

Your South Korean partner will not receive any funding from Innovate UK.

South Korean partners must apply to, and will be funded by, KAIA for the South Korean component of the project set out in this application.

In applying to this competition, you are entering into a competitive process. This competition has a funding limit, so we may not be able to fund all the proposed projects. It may be the case that your project scores highly but we are still unable to fund it.

 

This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief. We cannot guarantee other government or third party sites will always show the correct competition information.

The project must be independently selected by both Innovate UK and South Korea to be awarded funding.

Funding type

Grant

Project size

UK partners grant funding request for Phase 1 must be between £50,000 and £120,000.

Leave a comment

Your email address will not be published. Required fields are marked *

Content

Discover