New £350K R&D competition tasks tech innovators with solving real-world challenges

Posted on 4 Jul 2017 by The Manufacturer

A new initiative launched today by the Institution of Engineering and Technology (IET) and the High Value Manufacturing Catapult (HVMC) is seeking innovative UK small and medium enterprises (SMEs) whose technology can be adapted and commercialised to solve societal and industry challenges in sectors that are new to the company.

The seven category winners will be awarded up to £50,000 worth of applied R&D support to help adapt and scale up their innovation – image courtesy of IET Media Image Library. The Horizontal Innovation Programme, which promotes the transfer of technology from one sector to another, offers UK SMEs access to…

This content is for subscribers only. Subscribe now for free to read the full article.