UK registered businesses can apply for a share of £1.5 million for circular economy innovation projects. This competition is part of the UKRI National Interdisciplinary Circular Economy Research programme, which aims to accelerate the UK’s transition to a circular economy.
Scope
This competition will support feasibility studies, industrial research and experimental development projects that address the challenges of transitioning to a circular economy. Specifically, projects can focus on one or more of the following examples:
- piloting the introduction of a circular economy business model
- development or improvement of products and processes to enable remanufacturing, repair and retention of value
- increasing understanding and exploitation of material flow data in a defined place, for example; city, Local Enterprise Partnerships (LEPs), cluster, region
- scaling-up of credible feasibility studies
- evaluating whether proposed approaches are more sustainable when considering broader life cycle thinking
Innovate UK will also consider other focus areas that clearly address the challenges of this transition.
Eligibility
All projects must fulfil the following eligibility criteria:
- Have total costs between £100,000 and £150,000
- Start no earlier than 1st May 2023 and end before 31st October 2024
- Last between 12 and 18 months
- Carry out all project work in the UK
- Intend to exploit the results from or in the UK
To lead a project or work alone, your organisation must be a UK registered SME. Within your application, you must also include a letter of support from at least one of the UKRI Interdisciplinary Circular Economy Centres or the NICER CE-hub.
More Information
This competition is open from 13th October until 7th December. For more information and to apply, click here. Or, if you would like to discuss an application with one of our innovation funding experts, contact us today.
