18 July 2013

Competition held for innovative solutions

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.