The Technology Strategy Board is looking to invest £15m in collaborative research and development projects that stimulate innovation across their key enabling technology areas:-

• advanced materials;
• biosciences;
• electronics, photonics and electrical systems;
• information and communications technology; and
• nanoscale technologies.

This competition is co-funded by the Scottish Enterprise with a further £2.75m of additional funding.

Their focus is on projects where recent technological discoveries or breakthroughs have inspired people to innovate in a context of significant technology risk, or have led to ideas that are yet to find applications in a recognised market or business sector.

Proposals are to be collaborative. Expectations are that they will invest between £250,000 and £500,000 in each project, although projects outside this range will be considered. They will fund up to 50% of the overall costs of the project.

Unfortunately there are tight deadlines to take part with initial registration required by midday on 30 November 2011 and Expressions of Interest a week later by midday on 7 December 2011.

Contact our technology team for further information.