Northumbria University has recently announced a new Innovation Project Awards scheme which enables the provision of up to £6000 of University funding towards qualifying R+D projects conducted by our research and consultancy staff.
Successful projects will be eligible for a 50% subsidy against the full project cost – maximum project value £12,000. The scheme is primarily aimed at attracting interactions with SMEs for work that is aligned with the expertise and research interests University.
The Innovation Project Award scheme is designed to promote collaborative innovation between the University and UK businesses. This is a competitive fund managed by the University – there is no application or claim process for the business. The awards will be allocated to successful SME applicants who wish to engage with the University and its academics in helping to develop new products or services. Successful applications are expected to mainly fund small research projects, but could also include consultancy and technical services.
The first step is to contact our Business Team with your ideas. We will then review with colleagues in the appropriate research area and develop a project proposal to meet your requirements. The funding will be awarded following a University review process: preference will be given to those projects that could lead to future collaborative interactions.
Typical project length is between 1-3 months. Please note that in-kind contributions cannot be accepted as part-payment. The business will be invoiced for 50% of the project value, up to a maximum of £6000 + VAT.