£3m funding available for Vessel Efficiency II competition looking at better systems at sea opens 6th January 2014
The Technology Strategy Board is to invest up to £3m in collaborative R&D projects to stimulate the development of systems that can reduce emissions and improve efficiency of marine vessels.
The aim of the competition is to build collaboration across the marine and maritime sector, improving the viability of supply chains, ensuring continuity of supply, and creating opportunities for smaller businesses.
The Technology Strategy Board are seeking proposals from companies that are targeting the leisure, naval and commercial/merchant marine markets, and that have expertise in voyage performance management and vessel system technologies.
Proposals must be collaborative and business-led. They expect to fund industrial research projects, in which a business partner will generally attract up to 50% public funding for their project costs (60% for SMEs).
They expect projects to range in size from total costs of £500k to £1.5m.
This is a two-stage competition that opens for applicants on 6th January 2014. The deadline for all expressions of interest is at noon on 5th March 2014.
A briefing event for potential applicants will be held on 14th January 2014 and consortium-building events will be held before the competition opens.
For more information please follow the links below:
https://www.innovateuk.org/competition-display-page/-/asset_publisher/RqEt2AKmEBhi/content/vessel-efficiency-ii-better-systems-at-sea;jsessionid=CA54A283016BB248DA4B04D963D1FF8C.2?p_p_auth=zlDW6Y6J
https://connect.innovateuk.org/web/vessel-efficiency
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