£6m funding for Cleaner, More Efficient Conventional Fuels.
Innovate UK is to invest up to £5m in collaborative R&D and feasibility studies to stimulate innovation in the extraction and use of conventional fossil fuels. The aim is to improve efficiency, reduce cost and minimise the environmental impact of coal, natural gas and oil. Projects must be business-led and all must involve an SME.
Unconventional fossil fuels such as shale gas, shale oil and tar sands are outside the scope of this competition.
Innovate UK are allocating up to £4m of the total funding for business-led, collaborative R&D projects (industrial research), with a business partner attracting 50% public funding for their project costs (60% for SMEs). They expect collaborative R&D projects to range in size from £250k to £1.5m, although they may consider projects outside this range.
Up to £1m of the total funding will be available for smaller-scale feasibility studies (or pre-industrial research). These can be collaborative but must be led by an SME (working with large businesses, other SMEs or research organisations) or developed by a single SME. Feasibility studies also attract public funding.
The competition opens for both types of project application on 2nd March 2015. The deadline for feasibility studies, for which there is a single-stage process, is at noon on 10th June 2015. The deadline for expressions of interest for collaborative R&D, for which there is a two-stage process, is at noon on 15th April 2015.
A briefing event for potential applicants will be held in London on 10th March 2015.
For full details please follow the link:
http://engage.innovateuk.org/technologystrategyboardlz//EventMgr_BookEvent1.aspx?eID=749
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