UK registered businesses can apply for a share of £2 million to fund collaborative research and development projects with Israel. This is a joint funding competition under the Eureka framework.
Scope
Funding is available for industrial research projects from any technological or market area. All proposals must demonstrate the following:
- a clear game-changing or disruptive innovative idea leading to new products, processes or services
- a strong and deliverable business plan
- sound, practical financial plans and timelines
- good value for money
- a clear, evidence-based plan to deliver significant economic impact, return on investment and growth through commercialisation
- clear, considerable potential to significantly benefit the UK economy or national productivity
- the benefit of participants from the countries working together and how this adds value
- a clear definition of where intellectual property (IP) can be used and shared between the participants and countries
- a clear route to market within 2 to 3 years of project completion
Eligibility
UK applicants can apply for up to £250k. In addition, projects must be collaborative and last between 12-24 months.
Project Team
The UK lead applicant must collaborate with at least one organisation from Israel. They can also collaborate with other UK registered businesses of any size.
Subcontractors are allowed in this competition but they must not account for more than 20% of the UK partners’ total eligible costs.
More Information
More information is available on the competition page. To apply, UK applicants must complete a Eureka application by 19th September and submit an Innovate UK application before 28th September.
RedKnight has a strong track record of securing Eureka funding and can help you develop a competitive application! Please contact us in order to arrange a free consultation.
