The Technology Strategy Board, with Tech City UK Ltd and Cambridge Wireless, are to invest up to £1m to support micro, small and medium-sized businesses working on the Internet of Things (IoT). This competition will support innovative research projects centred in and around the clusters in Cambridge (equipment and communications) and London (software and services).

This competition aims to stimulate these hotspots of IoT industries by enabling companies to move towards commercial success. We want to draw investment and people into the areas and to encourage networking and collaboration to strengthen the clusters.

We are looking for projects that:

·      may be too risky for companies to take forward without support

·      may take companiesinto new innovative areas

·      the majority of activities are carried out in Cambridge and/or London.

We will fund up to 60% of eligible costs for industrial research projects, with individual grants of up to £150k and estimated project sizes ranging between £50k and £250k. Projects can last up to 12 months and should be led by companies that are likely to be in the early stages of development.

An integral part of Launchpad is the support to applicants in raising additional new external finance that we expect will be needed to fully fund the project and its subsequent commercialisation. In addition to receiving project funding, successful applicants will participate in a programme of business support and growth activities that will run in parallel to projects in conjunction with partners including John Lewis, EE, Unilever, Seedcamp and Redgate.

The competition opens for applicants on 16 June 2014. The deadline for video submissions is at noon on 3 September 2014.

A briefing event will be held in Cambridge on 8 July 2014 and in London on 21 July 2014.

 

New and noteworthy

Launchpad 2 – London and Cambridge “Internet of Things” Competition for R&D Funding - Webinar now available

Cambridge Wireless, Technology Strategy Board and Tech City UK Event Launchpad 2 – London and Cambridge “Internet of Things” Competition for R&D Funding 8 th  July 2014 ...

Tech City Launchpad 2: London and Cambridge - Internet of Things

The Technology Strategy Board, with Tech City UK Ltd and Cambridge Wireless, are to invest up to £1m to support micro, small and medium-sized businesses working on the Internet...

Featured events

There are no results.

Contact Details

'Internet of Things' TechCity UK Launchpad

  • 0300 321 4357 - other

Latest news

Launchpad 2 – London and Cambridge “Internet of Things” Competition for R&D Funding - Webinar now available

Cambridge Wireless, Technology Strategy Board and Tech City UK Event Launchpad 2 –...

Tech City Launchpad 2: London and Cambridge - Internet of Things

The Technology Strategy Board, with Tech City UK Ltd and Cambridge Wireless,...

Upcoming events

Tue 17 Mar 2015

"Internet of Things Workshop" - Joint Innovate UK and Legal SIG Event

12:00 until 15:45

Innovate UK, Tech City UK and Cambridge Wireless (CW) have collaborated on a £1M investment...

From 'Internet of Things' TechCity UK Launchpad

Tue 20 Jan 2015

Internet of Things Launchpad 2 - Suppliers’ Showcase

11:00 until 16:50

Success in today’s interconnected world now, more than ever, relies on building...

From 'Internet of Things' TechCity UK Launchpad

Tue 08 Jul 2014

‘Internet of Things’ TechCity UK Launchpad Briefing Event, Cambridge

12:00 until 16:45

The UK’s innovation agency, the Technology Strategy Board, Tech City UK Ltd and Cambridge...

From 'Internet of Things' TechCity UK Launchpad

A little about 'Internet of Things' TechCity UK Launchpad

The Technology Strategy Board, with Tech City UK Ltd and Cambridge Wireless, are to invest up to £1m to support micro, small and medium-sized businesses working on the Internet of Things (IoT).