Businesses are being invited to apply for a share of a £15 million pool of funding from Innovate UK to develop innovative infrastructure systems projects.
Infrastructure forms the backbone for economic stability, growth, competitiveness and productivity in modern society. It is vital for social well-being and environmental sustainability.
The term ‘infrastructure systems’ describes the systems that provide critical societal services. These include energy, mobility and those services that enable towns and cities to thrive. As these systems face increasing social and environmental pressures, Innovate UK says need innovation to ensure:
- resilience to change
- fitness for purpose in the future
- optimal value from investment
The cost of projects can range from £25,000 to £5m and must last between three months and three years.
To find out more about the funding and apply, click here.