NanoKTN offers advice for applying for £27m Technology Strategy
22 November 2011
The UK Nanotechnology Knowledge Transfer Network (NanoKTN) is
encouraging its members to apply for a share of £27 million made
available by the Technology Strategy Board for grants for innovative
research and development projects.
Several relevant funding calls of interest to professionals in the
nanotechnology market have been scheduled over the next three months
and the NanoKTN will be working with its members to offer support
Firstly, the Technology Strategy Board has allocated £3m to
invest in highly innovative, business-led research projects in the
field of nanotechnology-enabled healthcare products specifically in
the areas of diagnostics and targeted therapeutics.
The Engineering and Physical Sciences Research Council (EPSRC)
has co-invested a further £6m for academia into the joint scheme.
The Technology Strategy Board is now looking for projects where
nanotechnology is at the heart of the innovation.
The deadline for registrations is 6th December 2011.
Technology Inspired Collaborative Research and
A further £15m has been invested by the TSB into its Technology
Inspired Collaborative Research and Development programme. This also
stimulates innovation across key enabling technology areas: advanced
materials; biosciences; electronics, photonics & electrical systems,
information & communications technology, and nanoscale technologies.
The competition is co-funded by Scottish Enterprise which has
made up to £2.75M of additional funding available. Projects will
focus where recent technological discoveries or breakthroughs have
inspired people to innovate in a context of significant technology
risk or have led to ideas that are yet to find applications in a
recognised market or business sector.
Deadline for registrations is 30th November 2011.
Grant for Research and Development
Finally, the TSB is also raising awareness of the next assessment
date for its ‘Grant for Research and Development’ scheme which is
fast approaching, with applications to be received by 5th
Types of grant
The Technology Strategy Board is encouraging pre start-ups,
start-ups and SMEs from all sectors to apply for one of three types
of grants: proof of market grant, proof of concept grant and
development of prototype grant.
There is a clear consensus in society that innovative high
technology SMEs will be the key to future job and wealth creation
across Europe. The Technology Strategy Board aims to support
economic growth in the UK by working with these SMEs to ensure the
UK is able to shape future developments and meet the demands of
society and economy.
The UK has a wealth of academic knowledge and industrial
expertise and the NanoKTN is confident that the latest funding calls
will help to bring together leading professionals in the
nanotechnology market to collaborate on projects that will provide
impact on a global scale.
The NanoKTN is dedicated to helping its members understand how to
write a successful proposal and identify suitable partnerships for
collaborative work. Through a combination of updates, e-bulletins,
events and the website, the NanoKTN aims to assist its members and
create connections between research, academics and manufacturers.
“Nanotechnology is recognised as an important means of wealth and
job creation for the UK and the calls launched by the Technology
Strategy Board cover many important nanotechnology markets. Choosing
the right call is important for UK businesses to expand their
ambitions without wasting unnecessary effort and expense,” says Dr
Alec Reader, Director at the NanoKTN.
Dr Reader continues, “Support for preparing calls is crucial and
at the NanoKTN we are committed to assisting our members in making
the best possible decisions to ensure we continue to see investment
into the UK nanotechnology market. We encourage anyone looking to
develop its products and processes to apply for the monies now
Established by the Technology Strategy Board, the NanoKTN is
managed by Centre for Process Innovation Ltd, a leading technology
development and consulting company.