UK and Canada: enhancing industrial productivity

Key features: EUREKA will fund a variety of technologies, markets, technological maturities and research categories to build a portfolio of projects that will enhance industrial productivity.

Programme: UK and Canada are looking to fund projects across a variety of technologies, markets, technological maturities and research categories

Award: UK-led projects can have total eligible project costs of up to £1 million

Opens: 11 February 2019

Registration closes: No Deadline

Closes: 2 May 2019

Support phone number: 0114 236 4457

UK and Canada are looking to fund projects across a variety of technologies, markets, technological maturities and research categories that:
  • are high quality
  • target opportunities that benefit both the UK and Canadian economy and/or productivity in a positive way
  • demonstrate sufficient innovation, potential return on investment and degree of technical risk
  • demonstrate value for money 
EUREKA will fund a variety of technologies, markets, technological maturities and research categories to build a portfolio of projects that will enhance industrial productivity.
 
Funding
 
UK-led projects can have total eligible project costs of up to £1 million with a maximum grant of £200,000 to be shared between the UK applicants and a maximum grant of up to $300,000 CAD to be shared between the Canadian applicants.
 
Your project must start by 1 October 2019 and can last up to 2 years.
For industrial research projects, you could get funding for your eligible project costs of:
  • up to 70% if you are a micro or small UK business
  • up to 60% if you are a medium-sized UK business
  • up to 50% if you are a large UK business
For experimental development projects, you could get funding for your eligible project costs of:
  • up to 45% if you are a micro or small UK business
  • up to 35% if you are a medium-sized UK business
  • up to 25% if you are a large UK business
Scope
 
Your proposal must demonstrate:
  • a clear game-changing and/or disruptive innovative idea leading to new products, processes or services
  • a strong and deliverable business plan that addresses market potential and needs
  • a team, business arrangement or working structure with the necessary skills and experience to run the project successfully and complete on time
  • awareness of the main risks the project will face (including contractor or equipment failure) with realistic management, mitigation and impact minimisation plans for each
  • sound, practical financial plans and timelines
  • good value for money
  • a clear, evidence based plan to deliver economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
  • considerable potential to positively impact both the UK and the Canadian economy
  • the benefit to participants from the 2 countries working together 
Out of scope
We will not fund projects that: 
  • have entirely non-civilian applications
  • do not include partners from both UK and Canada
  • seek to develop solutions that cannot be deployed in high value manufacturing settings, including in food production environments
How can we help?
We have an expert team who specialise in applying for, and securing funding on behalf of businesses. The success criteria for funding is often complex; engaging a specialist team significantly increases your chance of obtaining funding. If you would like to discuss your eligibility, or apply for this funding, contact us at your earliest opportunity.

We continually appraise the market to source the most appropriate funding available to meet our clients’ requirements.  There are numerous opportunities currently available, spanning a range of industries and topics. If you would like to explore the funding available, call us today to speak to a member of the team and to find out how your business could benefit.