SBRI: Who Qualifies and What You Get
Learn how the SBRI provides funding for businesses with innovative ideas to solve public sector challenges through research and development.
The SBRI is a program designed to provide funding to businesses that have innovative ideas for addressing specific challenges faced by the public sector.
Who it's for
This scheme is intended for businesses that possess innovative ideas specifically aimed at solving problems or technical challenges within the public sector. It is designed for those who can offer novel solutions to the various requirements and hurdles identified by public sector organizations.
What you get
If your idea is selected, you can receive funding to support your research and development (R&D) activities. This financial support is meant to help fuel the creation and testing of the innovative solutions your business proposes to meet the specific needs of the public sector.
What it costs you
There is no direct fee to apply for the scheme, but you must invest time into a competitive application process. Because the program is competitive, you will need to demonstrate how your specific research and development approach directly addresses the challenges presented.
The catch to know
The most important thing to understand is the specific purpose of this money. This is strictly for research and development (R&D) projects; it is not intended to serve as general business funding for your standard operational costs or everyday business expenses.
How to apply
- Visit the official portal to review the specific challenges currently being highlighted by the government.
- Develop your innovative proposal to demonstrate how your research will address those specific needs.
- Prepare your submission for the competitive application process.
- Check the official portal for the latest information and requirements: https://www.gov.uk/government/collections/sbri-the-small-business-research-initiative