As Round 1 of Innovate UK’s Sustainable Innovation Fund draws to a close, Round 2 is opening. UK registered businesses can apply for a share of up to £26m for new projects focusing on sustainable economic recovery from Covid-19.
To help potential applicants understand about this round of funding, Innovate UK is running a formal briefing on 30th July from 15:30-16:30.
This competition is for UK registered businesses of any size to apply for grant funding with the following criteria:
-Project eligible costs between £50k-£100k
-Project duration between 3-6 months
-Be able to start the project by 1st November 2020
To register for the competition briefing, click here.
Your proposal must show evidence of key challenges as a direct consequence of COVID-19, and how your project can help solve them.
You must consider your proposal’s impact on climate change and/or environmental sustainability.
They would also like you to address where necessary, equality, diversity, and inclusion in relation to your project, your organisation(s) and your approach to innovation.
They will fund a portfolio of projects, across a variety of technologies, markets, regions, technological maturities and research categories, including the themes listed below.
-Decarbonisation, circular economy and/or biodiversity
-Climate change and environmental sustainability
-Geographic or regionally targeted innovation
-Innovation that is aimed at commercial or residential users
-Innovations that work across more than one sector
-Follow-on international opportunities that help the UK lead the world
Projects they will not fund are those that:
-Are not related to an impact on a business due to Covid-19 disruption
-Have a negative impact on the environment and/or society
-Have a detrimental effect on equality, diversity, and inclusion
-Would duplicate other UK Government activities or EU-funded initiatives already underway such as the testing or manufacture of vaccines and ventilators
-Do not involve any research and development or innovation, for example, the creation of information-only websites
-Are feasibility studies
-Involve primary production in fishery and aquaculture
-Involve primary production in agriculture
-Are not allowed under de minimis regulation restrictions
For more information visit here
Check out our article on useful "green" business terminology here
Find other sources of funding here
Circular Tayside
Circular Tayside is delivered by Zero Waste Scotland, Dundee and Angus Chamber of Commerce and Perthshire Chamber of Commerce. Circular Tayside is an initiative that: Raises awareness of the circular economy, the role the local businesses have to play in it, and how they will benefit. Facilitates collaboration amongst the local business community to enable our circular economy to develop. Supports individual businesses as they begin to identify and implement new and innovative approaches to businesses that support a transition to a circular economy Brings together a group of Circular Tayside Ambassadors who will be leaders in their sectors and champions of the circular economy.
