Opens: Monday 2nd November 2020
Closes: Wednesday 13th January 2021
Briefing Event: Tuesday 10th November 2020 2pm (Register here)
This competition will support UK registered micro, small and medium-sized enterprises (SMEs). The SMEs must be aspiring to transform food production through experimental development projects that are closer to market.
Your UK registered SME will receive:
- grant funding
- aligned investment funding from the programme’s pool of lead investors
The grant funding is from the Industrial Strategy Challenge Fund (ISCF) Transforming Food Production challenge.
As well as investment, the lead investors in the pool can provide you with commercial acumen, such as:
- market access
After you apply, to be offered grant funding your project must have:
- been assessed as eligible for grant funding
- been successful in demonstrating how your project meets the overall aims of the ISCF Transforming Food Production Challenge
- secured aligned investment with a lead investor from the pool
The competition will be managed by Innovate UK, part of UK Research and Innovation. In applying you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.
The total eligible project costs you submit must be between £1 million and £3 million for experimental development.