There are a range of initiatives available to financially support businesses to work with the University of Dundee.
The team at RIS can help you identify the best scheme for your needs and help prepare a successful application to drive your project forward.
Are you a researcher at the University of Dundee? Take a look at our Funding for Research page.
Opportunities for Industry
The Industrial Strategy Challenge Fund (ISCF) is a core pillar in the government’s commitment to increase funding in research and development by £4.7 billion over 4 years to strengthen UK science and business. ISCF opportunities are challenge-led, focussing on important industrial and societal themes within the 'Grand Challenges' - AI & Data, Ageing Society, Clean Growth, and Future of Mobility.
Competitions are announced periodically. Business-led competitions are typically delivered by Innovate UK and can be found via the Innovation Funding Service. Additional opportunities may be faciliated by the other UKRI councils.
- You can search for innovation funding via gov.uk here
- Find more information on the ISCF via UKRI and gov.uk
Research and Innovation Services have dedicated resource to support the development of bids for ISCF.
If you are interested in engaging with University of Dundee on an ISCF project, please contact Orla Kelly, Industrial Strategy Manager, at the earliest instance.
Innovate UK is part of UKRI (UK Research & Innovation) and is tasked with driving forward the innovation needs of UK industry in key priority areas based on thematic and open funding calls.
They achieve this in various ways, including the Catapult network and industrial loans to companies, but predominantly by funding collaborative research and development (CR&D) programmes.
Innovate UK's Delivery Plan 2019 is framed on five strategic goals:
- Deliver measurable economic and societal impact across theUK
- Support and invest in innovative businesses and entrepreneurs with the potential and ambition to grow
- Maximise the commercial impact of world-class knowledge developed in UK industries and its researchbase
- Identify, support and grow transforming and emerging industries throughinnovation
- Build a coherent, supportive environment incentivising R&D investment and enabling people and businesses to innovate
Innovate UK is the main delivery partner for Industrial Strategy Challenge Fund calls.
You can use the Innovation Funding Service on the gov.uk website to search and apply for innovation funding.
Knowledge Transfer Partnerships
The Knowledge Transfer Partnerships (KTP) scheme helps businesses to innovate and grow. It does this by linking them with a university and a graduate to work on a specific project.
Each KTP is a three-way partnership between a business, an academic institution and a graduate. The academic institution employs the recently-qualified graduate who works at the company. The graduate, known as the ‘associate’, brings new skills and knowledge to the business.
A KTP can last between 12 and 36 months depending on the project and the needs of the business. It is part-funded by a grant. The amount businesses need to contribute is different for SMEs and larger companies.
An additional £30 million has been allocated to KTPs for 2018/19.
- 11 December 2019
- 15 February 2020
- 1 April 2020
Read more on www.gov.uk: 'Knowledge Transfer Partnerships: what they are and how to apply'
To find out more about KTP opportunities and engage with researchers at the University, contact Jamie Henderson, Consultancy Manager.
Scottish Enterprise (SE) R&D Grants
The SE R&D Grant supports businesses developing new products, processes and services to improve company competitiveness. Projects typically last 6 to 36 months, and the grant can cover up to 35% of the project costs.
Scottish Funding Council (SFC) Innovation Vouchers
The SFC Innovation Vouchers scheme aims to build relationships between SMEs and academic experts in Scotland. The aim of the scheme is to fund projects which drive innovation, leading to new products, services and processes that will benefit the business, the institution and the Scottish economy.
Horizon 2020 (H2020)
Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020).
Via the SME Instrument, SMEs can get EU funding and support for innovation projects that will help them grow and expand their activities into other countries in Europe and beyond:
Innovative training networks bring together universities, research centres and companies from different countries worldwide to train a new generation of researchers. For example, with the European Industrial Doctorate the researcher spends at least 50% of their time with a non-academic partner, developing skills inside and outside academia that respond to public and private sector needs:
Find more EU Research and Innovation opportunities on the ec.europa.eu website.
More on the Industrial Strategy
The UK's Industrial Strategy aims to transform our future by investing in skills, industries and infrastructure.
Under the National Productivity Investment Fund (NPIF), the government is investing in a number of strategic initiatives to drive productivity and growth through the Industrial Strategy. With budgets from the Department for Business, Energy and Industrial Strategy (BEIS), UK Research and Innovation (UKRI) administer funding opportunities to deliver on these initiatives, including Future Leaders Fellowships and the Industrial Strategy Challenge Fund.
Underpinning the Industrial Strategy are the four Grand Challenges focused on the global trends that will shape the UK's future:
- Artificial Intelligence and Data
- Ageing Society
- Clean Growth
- Future of Mobility
The Government’s Industrial Strategy White Paper (Nov 2017), sets out a long term plan to boost the productivity and earning power of people throughout the UK. Central to this strategy is Government’s commitment to increase R&D funding to 2.4% of GDP by 2027.
Industrial Strategy Managero.email@example.com
+44 (0)1382 384664