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Grants and Funding News
18Nov

IUK Launches Feasibility Study Competition to Transform Food Production

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The aim of this Innovate UK (IUK) competition is to support feasibility study projects demonstrating solutions that can transform food production and help the industry move towards net zero emissions by 2040.

Projects must focus on the development of precision, data-driven solutions and systems. These must make a significant step towards net zero and improved resource use efficiency for food production, while also improving productivity of the sector.

IUK has allocated up to £15 million to fund innovation projects across two strands of this competition.

  • Feasibility study projects (this competition): IUK expects to spend £5 million

  • Demonstration projects (reported separately): IUK expects to spend £10 million

For feasibility studies, the total eligible costs must be between £75,000 and £250,000. For exceptional feasibility study projects, IUK may consider total eligible costs greater than £250,000.

Projects must evaluate the early stage feasibility of precision solutions to transform food production and work with end users, such as farmers and producers. They need to evaluate, in practice, the potential of early stage ideas that address industry identified problems and consider both the technical feasibility and the feasibility of the business model.

UK registered businesses of any size can lead an application. The bid must be collaborative and involve at least one micro, small or medium sized enterprise (SME). Additional collaborators can be other businesses, research organisations, public sector organisations or charities. (Feasibility studies led by a research organisation must collaborate with at least one business.)

The competition is now open, with a deadline for applications of midday on 26 February 2020.

Full fund details can be found at this link here.

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