Business Interaction Vouchers are used to connect industry and academic partners together, allowing the industry partner to essentially ‘buy’ an academic’s time and expertise to look at a specific problem.The Network has a fund of £200,000 for these vouchers, where projects will be funded to a maximum of £10,000 each (including VAT). Match funding from industry (in cash or kind) must be found by the applicant. With these larger BIVs, it is important to show a higher level of detail regarding the input from the industrial partner to check that the ‘matching funds’ criteria is met. Note that priority will be given to proposals that, for example, aid technology transfer; work towards ‘solving’ ‘a technical problem for an industrial partner or adapt an existing technology for a new application. The Network has a few of these left which MUST be completed (work and administration) by mid-Feb. If you have a short project which might fit the call, please apply.
If you would like to hold a meeting on an AD related topic, we can help. Funds of up to £1500 are available for industry/academic workshops, funding specific workshops, specialist meetings and other networking events. For more information, download the Guidance and Application Form. If you have any questions, please do contact us.