UK registered businesses can apply for a share of up to £1 million to develop innovative proposals with Singapore and other EUREKA participating members.
Share of up to £1 million
17th Jun 2020
15th Oct 2020
EUREKA, in partnership with Enterprise Singapore, announce a GlobalStars funding competition for research and development (R&D) projects under the EUREKA programme.
Under this initiative, Innovate UK, part of UK Research and Innovation, is investing up to £1 million to fund collaborative research and development (CR&D) projects focused on industrial research and experimental development.
The aim of this competition is to support innovative proposals developed between the UK, Singapore and other EUREKA participating members.
Your collaborative R&D proposal must demonstrate:
- a clear game-changing and/or disruptive innovative idea leading to new products, processes or services
- a strong and deliverable business plan that addresses (and documents) market potential and needs
- sound, practical financial plans and timelines
- good value for money which will always be a consideration in Innovate UK funding decisions
- a clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
- clear, considerable potential to significantly benefit the UK economy and/or national productivity
- the benefit of participants from the countries working together and how this adds value
- a clear definitions of where intellectual property (IP) can be used and shared between the participants and countries
- a clear route to market within 2 to 3 years of project completion
To lead a project your organisation must:
- be a UK registered business, of any size
- involve at least one UK registered SME
- collaborate with a Singapore registered business, which must be a separate non-linked legal entity to the UK partners
In addition to the UK lead, the collaboration can also include other UK registered businesses of any size and UK registered research organisations.
Research organisations cannot lead or work alone.
Organisations from other EUREKA participating members must meet the funding and eligibility conditions of their respective national funding bodies. These will be provided in the competitions page on the EUREKA website.
The consortium must include at least 2 businesses that are independent from each other:
- one business registered in Singapore
- one business from one of the EUREKA participating members taking part in the project. As a minimum this would be the UK registered lead
Projects should have a balanced contribution of the total eligible project costs among the partners from the participating partner members. No more than 70% of the total project costs can be claimed by any single partner or by all partners from a single EUREKA participating partner member collectively.
The businesses in a consortium must be separate legal and non-linked entities. This is to ensure that projects encourage genuine international collaboration, not internal company research. Linked companies are considered a single entity under the parent company. They can specify which EUREKA participating member they want to request funding from. Each company will receive funding from its respective national funding body.
This competition will not fund projects that:
- work on non-civilian applications
- are not in scope
- do not meet Innovate UK’s eligibility criteria
- do not submit all mandatory documentation
Up to £1 million has been allocated to fund innovation projects in this competition.
If your organisation’s work on the project is mostly commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.
For industrial research projects, you could get funding for your eligible project costs of:
- up to 70% if you are a micro or small organisation
- up to 60% if you are a medium-sized organisation
- up to 50% if you are a large organisation
Eligible project costs are defined in the project costs guidance.
The UK registered research organisations in your consortium undertaking non-economic activity, can share up to 30% of the UK total eligible project costs. If your consortium contains more than one UK research organisation, this maximum will be shared between them.
Your project must:
- start between 1 April 2021 and 30 June 2021
- last up to 24 months
UK applicants can apply for total grant of up to £350,000 for each project.
Your project’s exact start date is dependent on the national funding procedures of the participating members national funding body involved in the selected projects.
Projects must be collaborative.
If your project’s total costs or duration fall outside of our eligibility criteria, you must provide justification by email to firstname.lastname@example.org at least 10 days before the competition closes. Innovate UK will decide whether to approve your request.
Interested in applying for this competition?
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