The Accelerated Knowledge Transfer (AKT) scheme allows a UK Knowledge Base to work with a UK registered business (which we will refer to collectively as the 'Business Partner' from now on), to deliver a short, rapid and targeted intervention. The Knowledge Base partner should be either a UK higher education (HE) or further education (FE) institution, research and technology organisation (RTO) or Catapult. This intervention will accelerate the evaluation or development of an innovation project or concept, with the potential for a significant impact for the Business Partner. Projects can be open in scope but you must first consider how it will align with the Industrial Strategy's six prioritised sectors by Innovate UK. These are: Advanced Manufacturing Clean Energy Industries Creative Industries Defence Digital and Technologies Life Sciences If your project does not align with one of the six priority sectors, it may still be eligible if it is exploiting a novel area of research and the Business Partner meets the criteria for a high growth potential. Priority will be given to projects that align with the Industrial Strategy. Each Innovate UK AKT project will establish a new partnership or consolidate an existing collaboration between the Knowledge Base and the Business Partner through knowledge exchange activity. The application must be submitted by the Knowledge Base partner, but will be developed in partnership with the Business Partner. The Knowledge Base will be the sole grant recipient. If you are a business and do not yet have a relationship with a Knowledge Base partner, contact your local Knowledge Base to discuss this opportunity in more detail.Each application must be led by a Knowledge Base, working with a Business Partner. In applying to this competition, you are entering into a competitive process. This competition has a funding limit, so we may not be able to fund all the proposed projects. It may be the case that your project scores highly, but we are still unable to fund it. We consider a range of factors when determining whether to provide funding to applicants. This includes an assessment of prior conduct, such as any outstanding payments owed to Innovate UK or UKRI. Such factors may influence the funding decision, potentially resulting in a refusal of funding or an award subject to additional scrutiny. This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief . We cannot guarantee other government or third party sites will always show the correct competition information. Visit the AKT website to find out more about the scheme.
