Innovate UK is to invest up to £1.2 million to support innovative UK SMEs in carrying out short international cooperation feasibility studies. These studies should build international business networks. The aim is to enable commercial research and innovation partnerships, and future collaboration.
Innovate UK will fund projects with eligible costs of up to £30,000 for each project. Businesses may receive funding of up to 70% of their total project costs. Projects should last up to 4 months. The funding will enable SMEs to undertake short feasibility studies and spend time abroad. You can use the funding for activities such as travel and subsistence costs. This is to develop international partnerships and gain a better understanding of collaborative opportunities. Companies can explore ideas in the context of future cooperation.
A UK SME must lead the project to build international partnerships. You can carry out the project on your own or in collaboration with other UK partners, but only UK SMEs will receive funding.
Deadline: 21 September
More information: https://www.gov.uk/government/publications/funding-competition-global-cooperation-feasibility-studies