InnovateUK Makes Available £1.3M for Space and Satnav Tech

September 15, 2014  - By
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Innovate UK (formerly the Technology Strategy Board) and the Natural Environment Research Council (NERC) plan to jointly invest up to £1.3 million to establish new Knowledge Transfer Partnerships in or related to the space sector to help United Kingdom companies to grow in the expanding global space market.

Knowledge Transfer Partnership projects are Europe’s leading program to help businesses improve their competitiveness and productivity through better use of knowledge, technology and skills that reside within the UK knowledge base, according to InnovateUK.

The investments will provide support for 10 to 12 Knowledge Transfer Partnership projects of between six and 36 months, helping to translate the UK’s academic strengths in this area into commercial success.

The competition opens September 15 and is open on a rolling basis for applications until noon on February 11, 2015.

A briefing/launch event for potential applicants will be held at the National Space Centre, Leicester, on September 23, 2014.

For more information about the space sector investments, visit this InnovateUK page.

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