The aim of this competition is to find innovative solutions to long-standing challenges faced by the energy sector.
Innovate UK says: "We believe that game- changing technologies can solve these problems, either by the development of completely new ideas or through technology transfer from other sectors. We are therefore seeking proposals that are led by innovative SMEs, which can provide disruptive solutions to the challenges that are in the scope of the competition."
"To encourage novel and radical solutions, projects must be led by an SME whose main business lies outside the energy sector. They can work alone or collaboratively with partners of any size from any sector.
"Small businesses could receive up to 70% of their eligible project costs, medium-sized businesses up to 60% and large business partners up to 50%. We expect projects to last 6 to 12 months and to range in size from total costs of £25,000 to £100,000, although we may consider projects outside this range."
The competition opens on 28 March 2016 and the deadline for video submissions is at noon on 11 May 2016.
A briefing event for potential applicants will be held in London on 6 April 2016.
Brokering events will be held in Glasgow on 23 February 2016, Birmingham on 25 February 2016 and Cumbria on 2 March 2016. This will be a great opportunity for you to hear more about the challenges, network with sector experts and meet potential partners. Potential applicants are recommended to attend one of these events.
See the competition brief for full scope details.