Proposal Development - Funding Opportunities

Horizon 2020 is one of the world’s largest and most comprehensive research and innovation funding programmes. The programme seeks to integrate the European research, innovation and industrial stakeholders under a programme that impacts on almost all areas of science and innovation to support European economic well-being and societal challenges. The scheme has a total budget of nearly €80 billion available over 7 years (2014 to 2020).

Eureka Eurostars welcomes international collaborations between innovative small and medium-sized enterprises. The scheme is co-funded from collaboration between more than 30 member countries and the European Union. There is a total budget of €1.14 billion available in the 2014-2020 period.

Innovate UK (formerly known as TSB) is a UK government funding body focused on UK-based collaborations between innovative businesses. The planned core funding for 2014-15 is £421 million.

National Institute for Health Research (NIHR) is a substantial funding programme, supported by the UK Department of Health to improve the health and wealth of the nation through research and development.

Small Business Research Initiative (SBRI) is a funding programme operated by Innovate UK to link the demands of the public sector (i.e. NHS, government departments) with innovative companies. SBRI provides innovative solutions to challenges faced by the public sector, leading to better public services and improved efficiency and effectiveness.

The Regional Growth Fund (RGF) supports English businesses in leveraging private sector investment and creating opportunities for employment. To date, the RGF has invested £2.9 billion into the development of eligible small and medium-sized businesses and is projected to deliver 573,000 jobs and generate a return of £16 billion through private investment.