EPSRC: EPSRC IAA Early-stage Commercialisation Fund 2023

08/06/2023

18/09/2023

The fund aims to enhance the commercial exploitation of Engineering and Physical Sciences Research Council (EPSRC) research areas. This funding helps bridge the gap between academic research and commercialisation by supporting the early stages of commercialisation of technologies, to make ideas more attractive for further commercial investment. · Awards: up to £100,000 per application · Project start date: 1 November 2023-15 January 2024 · Project duration: up to 9 months

Projects should focus on formulating a robust business idea with strong potential to secure commercial support from venture capital or seed funds. Successful applications should; demonstrate the potential to significantly increase the probability of commercialisation; be based on a ‘proof-of-concept’ model and/or aim to demonstrate technical viability alongside the preparation of a robust business plan.

Applications are welcomed from staff employed in any University department to develop ideas that fall within EPSRC’s remit. The project must be based on identifiable intellectual property which already exists before the start of the project which is ready for exploitation, for example a patent application or a considerable body of software. Please note that, in contrast to previous EPSRC IAAs, previous/current EPSRC funding is NOT a requirement. Applications from Early Career Researchers with PIs as co-applicants are encouraged.