A further round of METRC funding is now available to help companies innovate

13 September 2012

The METRC Innovation Awards are designed to help companies to innovate in the fields of nanotechnology, science and engineering. The second call for applications has just opened, and will close on 3 November 2012. Each award is £5,000, which must be matched by at least £5,000 from the company.

Any company in the fields of nanotechnology, science and engineering can apply for a METRC Innovation Award, but preference will be given to SMEs. The award is made to an academic partner to carry out the project, and collaborating academics must be based at one of the following universities: Bradford, Durham, Newcastle or Sheffield.

The award can be used to support research and innovation projects to explore the feasibility of innovative new products and processes. Projects will be assessed on the following criteria:

  • Commercial potential
  • Benefits to the company
  • Long-term plans for partnership between the company and academic or university
  • Company size, with preference given to SMEs.

It is anticipated that these will be proof-of-concept projects, that can be used in a number of ways, but the academic partner must always carry out the R&D.

For more information or to apply, visit the METRC website: www.metrc.co.uk.

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