Yours could be the next best innovation!

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Description

The Department for Business, Energy and Industrial Strategy (BEIS) will invest up to £10 million over 2 years in regulator-led projects.

The competition’s aim is to promote cutting-edge regulatory practices to help make the UK the world’s most innovative economy, whilst protecting citizens and the environment.

Projects must:

  • help businesses bring innovative products and services to market and demonstrate evidence of demand for change
  • align to the Industrial Strategy ‘Grand Challenges’ or otherwise support the Industrial Strategy ambition for the UK to be the world’s most innovative economy
  • demonstrate value for money and include matched funding if possible
  • be collaborative and bring together multiple bodies to address ‘cross-cutting’ issues that affect several regulators
  • show potential for lasting benefits beyond the duration of the project with plans to scale up and spread best practice

Funding type

Grant

Project size

Your project’s total grant funding can be up to £1 million. Projects must start by October 2018, end by April 2020 and can last between 6 and 18 months.