The Technology Strategy Board has allocated up to £600k in funding for disruptive solutions – something that creates a new or unexpected market opportunity by applying a different set of values - across its core, challenge-led areas of energy, digital, healthcare, and sustainability – but you’ll have to be quick! The deadline for first stage (video) submissions is noon on Thursday 16 September.
This competition is only open to micro, small and medium-sized companies to stimulate their development of new ideas that could provide solutions to major challenges presented in these areas.
Through a rapid competition process the Board is seeking proposals for three-month projects, worth up to £25k. However, the Board also wants to find out what you would do if you received up to £100k for a project lasting up to six months.
In each of the four areas (energy, digital, healthcare, & sustainability) three proposals will be funded. The best proposal in each area will receive up to £100k. The other two will receive up to £25k in project funding.
About the Competition:
The competition is being run in three stages:
1) an initial video pitch which is open to all – your £25k proposal.
2) a written submission for those that are selected from stage one – what would you do with up to up to £100k?
3) a live pitch for £100k at Innovate 10 on 12 October in London for the three best proposals in each area.
Two-minute video proposals must be submitted via www.innovate10.co.uk/launch-pad/about by noon on 16th September.
For more information please click here.
