SynbiCITE investment in innovation

SynbiCITE has funding available to accelerate and enhance innovation in synthetic biology that meets clear selection criteria and can demonstrate significant commercial potential. These funds are allocated for proof of concept (PoC) projects where further validation of the technical, market or commercial concepts are required to make them attractive for investment by investors or product development by industry. SynbiCITE can also provide funding for larger collaborative projects in partnership with companies that need to accelerate projects beyond POC with the Development of Prototype (DoP) funding.

Proof of Concept funding

We are now opening a new Round of SynbiCITE Proof-of-Concept Projects (PoCs). This is the first stage of our Project and Investment Pipeline that comprises PoCs, Development Projects and Full Commercialisation and Products Development – with increasing investment at each stage of the pipeline. It is therefore anticipated that successful PoCs will continue through the subsequent stages of the investment pipeline.

Timetable

• Round Opens 19^th May 2022
• Deadline for applications 6^thJune 2022
• Applications to be reviewed by the panel before 26^th June
• Interviews mid-July

Please find further information here

Innovate UK funding competitions

Innovate UK fund, support and connect innovative businesses to accelerate sustainable economic growth.

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