There are many different funding schemes available to help staff develop their research, skills, teaching and expertise in a commercial context.
Links to some of these are below or email Vittoria Danino for more information and advice about the most appropriate scheme for your project.
Application for Enterprise and Engagement Fund (Word 28 KB)
UEA Proof of Concept Fund
The University Proof of Concept Fund was established to help accelerate the development of promising ideas and inventions which may have commercial potential.
Academic staff can apply for awards of between £1,000 to £10,000 per project to advance promising technologies in order to attract early stage investment (e.g. ICENI seedcorn funding, national development funding programs, or other capital) and/or to strengthen the intellectual property position of their ideas. The awards can also be used for technical feasibility studies, prototype development and commissioning market assessments.
The objective of the fund is to increase the likelihood of a successful commercial outcome for ideas and innovations generated by UEA's academic community.
For more information contact Vittoria Danino or see https://intranet.uea.ac.uk/commercialisation/eandc/funding/Proof+of+Concept+Funding
UEA Enterprise and Engagement Development Fund
The Enterprise and Engagement Development Fund supports strategic projects within each faculty. It is a fund that can be applied for after discussions with your faculty Associate Dean of Enterprise and Engagement (ADEE) and with assistance from Vittoria Danino
UEA Business Fellows Scheme (Pilot)
What is the Business Fellows Scheme?
This scheme will fund existing members of staff up to £10,000 to commercialise a project. REE will also supply tutorials and assist in the identification of external training to support the individual.
The aim is to:
- Fast track selected commercial opportunities either to the point of investment readiness or the generation of external income.
- Create a pool of commercially aware staff at UEA to help identify new projects and take them to the market.
PLEASE NOTE: This is a pilot programme and is closed for applications for this year. However, please let a Business Development Manager know of your interest at any time as this may influence future plans, and there may be alternate funds available to support your idea.
Knowledge Transfer Partnerships
Established in 1975, Knowledge Transfer Partnerships (KTP) is one of the world's leading knowledge transfer mechanisms, which provides academics with the unique opportunity to apply research to real world business projects.
Through KTP, academics can:
- Develop business relevant teaching and research material
- Apply knowledge and expertise to important business problems
- Identify new research themes and undergraduate/postgraduate projects
BBSRC pathfinder funding
Our new pathfinder scheme enables potential follow-on funding applicants to secure small amounts of funding to carry out preliminary commercial activities.
These activities will help to:
- Develop a clearer understanding of the commercial potential of the outputs of a research grant
- Assist with the development of a full follow-on funding application
For more information see www.bbsrc.ac.uk/business/commercialisation/follow-on-pathfinder.aspx or email Vittoria Danino
BBSRC follow-on funding
This funding is for ‘proof of concept' at the very early stage of turning research outputs into a commercial proposition.
It funds work to convert an idea into a robust business plan where a route to commercialisation is clear, for example a spin-out (seed or venture finance) or licensing opportunity.
We commit £2.9M a year. Typically grants are for £80K-150K normally over 12 months.
For more information see www.bbsrc.ac.uk/business/commercialisation/follow-on.aspx or email Vittoria Danino
BBSRC Enterprise Fellowships
Funded by BBSRC and delivered by the Royal Society of Edinburgh, Enterprise Fellowships are designed to encourage the development of a new business, building on previously funded BBSRC research, around a technological idea developed by the Fellow (either individually or with others) and within which the Fellow would be expected to play a leading (though not necessarily the leading) role.
- A year's salary to provide time to develop a full business plan and seek investment
- Access to mentors, business experts and professional advisors
- Business training to help develop the required skills
Technology Strategy Board
In addition to funding knowledge transfer partnerships and supporting the knowledge transfer networks the TSB fund collaborative research and development. Funding calls appear periodically and you can be updated via the TSB website.