{"id":92417,"date":"2018-05-31T11:09:51","date_gmt":"2018-05-31T11:09:51","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=c21caf0e2c4af2bc4c728012d6d2d4d6"},"modified":"2018-05-31T11:09:51","modified_gmt":"2018-05-31T11:09:51","slug":"news-story-strengthening-local-places-and-regions-apply-for-funding","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=92417","title":{"rendered":"News story: Strengthening local places and regions: apply for funding"},"content":{"rendered":"
\n

UK Research and Innovation<\/a> has up to \u00a350 million each for place-based consortia to work together, build on existing research and innovation capabilities and grow the local economy.<\/p>\n

Businesses and research organisations that are located closely together can collaborate with local partners on research and innovation projects that create an economic improvement in a particular geographic area.<\/p>\n

This is part of the Strength in Places Fund<\/a>, announced in the Industrial Strategy white paper<\/a>. The fund will tackle the regional disparities across the UK and grow prosperous communities.<\/p>\n

\n

Get the latest on the Industrial Strategy and how it is boosting productivity and people\u2019s earning power in the UK<\/a>.<\/p>\n<\/div>\n

A 2-stage application<\/h2>\n

The competition is being run in 2 phases.<\/p>\n

In this first phase, we are seeking expressions of interests that set out plans for large collaborative consortia. There is up to \u00a350,000 each for consortia in \u2018seed corn\u2019 funding, which is money invested in a project at the beginning with the intention that this will produce a profit.<\/p>\n

Successful projects will then be invited to bid in a second phase. Individual consortia can get up to \u00a350 million to develop full-scale proposals. Projects in this phase are expected to start in June 2019 and complete by April 2024.<\/p>\n

Competition information<\/h2>\n