By Claire West

The UK’s innovation agency, the Technology Strategy Board www.innovateuk.org is to invest up to £4 million to stimulate the development of an open application and services ecosystem in the Internet of Things.

The Internet of Things Ecosystem Demonstrator competition will be run in two phases. In the first, the Technology Strategy Board will seek proposals from consortia to develop Internet of Things clusters - real-world scenarios, which include stakeholders with problems to be solved, application developers, owners of data streams from physical ‘things’ and technology businesses who can make this data available and usable via open information hubs.

Contracts will be awarded, up to £800,000 each, to consortia to carry out 12-month projects. In the second phase a further £1.6 million will be awarded, subject to successful outcomes from the first phase, for scaling-up the demonstrator.

The competition opens on 15 October 2012 and the deadline for registration is 14 November 2012. Expressions of interest must be received by 21 November 2012. For further information please visit: IoT EcoDem.

This is the second investment in a government-backed initiative, managed by the Technology Strategy Board, aimed at encouraging and accelerating the formation of an Internet of Things ecosystem of applications and services. Earlier this year the Technology Strategy Board funded 10 preparatory studies that delved, in a variety of real-world scenarios, into a practical understanding of the barriers to developing these ecosystems and potential ways of addressing them.