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18 July 2013

Competition held for innovative solutions

Across the UK, cities face similar challenges in the areas of energy, data and transportation. The Technology Strategy Board, a UK agency that aims to accelerate economic growth through driving innovation in the country, is investing up to £5 million in a competition to stimulate solutions in these areas. The competition is backed by the Small Business Research Initiative (SBRI), a body which uses public procurement to drive innovation.

There are two phases to the competition. In the first phase up to £1m is available, with contracts awarded to organisations to explore solutions and develop proposals for prototyping and implementation. Successful organisations will receive a development contract up to £100,000. In the second phase, cities will be asked to test the devised solutions.

Based on the quality of proposals developed in the first phase of the competition, successful organisations will attract a further development contract to implement the proposals in the selected cities. The competition is open to individual companies or organisations from the private and public sectors. The competition opens on 1 July 2013, with a registration deadline of 7 August 2013 and applications deadline of 14 August 2013.

For more information, click here.