NATEP: helping SMEs innovate in aerospace, autumn 2019
Innovate UK, part of UK Research and Innovation, is working with the Aerospace Technology Institute (ATI) and the Department for Business, Energy and Industrial Strategy (BEIS). Together we will invest up to £10 million in aerospace innovation projects as part of the ATI Programme.
This competition is the first of 4 rounds. We plan to open the others every 6 months. The last round is scheduled for spring 2021.
The aim of this competition is to provide help for micro, small and medium-sized enterprises (SMEs) to develop innovative aerospace technologies. These will enhance your capabilities and increase your ability to win new business.
Your proposal must align with the priorities stated in the UK Aerospace technology strategy, Raising Ambition. ATI will add new themes to the strategy in November 2019 before the competition closes. Projects which address the new themes will also be eligible for funding. Current priorities (as of Oct 2019) are:
- aircraft of the future
- smart, connected and more electric aircraft
- aerostructures of the future
- propulsion of the future
Your project’s total eligible costs must be between £100,000 and £300,000. Your project’s total grant must be less than £150,000. If your organisation is a business, or you are a research and technology organisation (RTO) participating as a business, you must show that you can provide match funding from entirely private sector sources, across all projects you are involved in.
Your project must be collaborative, and be led by a UK registered SME.
Projects must start by 1 May 2020 and end by 31 October 2021. They can last between 12 and 18 months.
An online briefing event will be held on October 29th, with details to follow.
If you would like to speak to someone from KTN about this funding, please contact Michelle Carter, Head of Transport.