The Technology Strategy Board proposes to stimulate innovation across its core technology areas to help ensure that small and micro businesses in the UK are well-equipped to respond to society’s current and future challenges. We have allocated up to £2m to invest in feasibility studies lasting up to three months, each costing no more than £33,000 in total (up o £25,000). Projects may be collaborative or carried out by a single company.

 This competition will focus on feasibility
 studies:
      in technologies closely aligned with our six core areas (see below)
      that contain an element of technology innovation
      that are both led and undertaken by small and micro companies individually or in partnership
      where the single company or collaborative partners spend most of the funding in-house.

The feasibility studies need to match one or more of the technology areas below and must align closely with the Technology Strategy Board’s strategies in the respective areas. Where a proposal cuts across more than one technology area, the application will need to indicate which one (of the six technology areas) it predominantly involves. The current strategies can be found at www.innovateuk.org under Publications.

Each project will culminate in a short report and, where relevant, a demonstrator. Projects will also present their achievements at a public ‘Collaboration Nation’ event to be held in autumn 2011.

In conjunction with this competition we are also running three other competitions for feasibility study funding in digital, nanotechnology and space. Information can also be found at Feasibility Studies Competition for Technology-Inspired Innovation Official Group. 

Please note that registration for all Technology Strategy Board administered competitions will close one week before the competition application deadline. Registration is required to receive application forms and access the applications area.