Competition Announced for ‘Vessel Efficiency: Piloting Marine and Maritime Innovation’
Up to £8 million is to be invested by Government to support and stimulate new research and development aimed at making marine vessels more efficient.
The investment will be made by the UK's innovation agency, the Technology Strategy Board, the MOD's Defence Science and Technology Laboratory and Scottish Enterprise through a competition for funding for fast-track and collaborative research and development projects.
Through the 'Vessel Efficiency: Piloting Marine and Maritime Innovation' competition for funding, which opened in January 2013, the Technology Strategy Board and its partners are seeking proposals from businesses, whether currently inside or outside the industry, to develop solutions covering a wide range of technology areas which have the potential to improve vessel efficiency in existing and future ships, boats, submarines, and their associated equipment and systems.
This competition will fund projects within low carbon/green shipping and propulsion and marine ICT that can contribute to more efficiently designed vessels across all marine and maritime industries - commercial, defence and leisure. Proposals should show that efficiency gains of a minimum of 5% for current vessels could be achieved, with targets of up to 25% on future designs.
There will be two streams to the competition. Around 10% of the funding will be available for 'fast-track' projects, each lasting between 6 and 12 months. These must be collaborative and led by a business, and include a small or micro business. The second stream of funding will be for larger collaborative R&D projects, also business-led, which are expected to last between 12 and 36 months.
This is a fast track and two-stage CR&D competition that opened on 14 January 2013. The deadline for applicants to register for both types of project is noon on 20 February 2013 and the deadline for expressions of interest is at noon on 27 February 2013.
For more information please visit:
http://www.innovateuk.org/content/competition/vessel-efficiency-piloting-uk-marine-and-maritime-.ashx
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