Feasibility Funding

Closing date: Monday 3rd June 2024 at 5pm

IBioIC’s Feasibility funding provides industry with the opportunity to tap into the expertise of Scotland’s academics to assist with a biotech-focused proof of concept study. These collaborative projects should build evidence and data to support future funding applications for larger scale work.

If you would like to discuss an idea for a collaborative project, or for help with identifying a suitable academic partner, please contact our Projects Team at projects@ibioic.com.

 
 

IBioIC Feasibility Programme

IBioIC invites applications for industry-led collaborative research projects from businesses with a foothold in Scotland or those who could deliver inward investment to help stimulate Scotland’s Economy.

Successful projects will demonstrate a proof of concept for a product, process or service with the potential to deliver jobs and/or economic growth to Scotland. Projects must demonstrate a route to follow on funding or commercial application and must evidence collaborative knowledge exchange and research between Industrial Partners and at least one of Scotland’s talented Higher Education Institutes’ (HEI) research teams. There is up to £30,000 available per project at 80% fEC. This must be matched by in kind or cash contributions from the industry partner.

IBioIC welcomes projects in all areas of IB, including, but not limited to the use of biology in:

  • Biorefining

  • Food and drink

  • Biotech in textiles, materials, and construction

  • Bio-manufacturing

  • Waste management

  • Enzymes and catalysts

  • Downstream processing

  • Agritech

  • Biopharmaceuticals

Funding successes

To date, with an application success rate of over 60%, the IBioIC Feasibility Fund has supported over 30 collaborative research projects with a leveraged project value of more than £1 million. Take a look at our case studies to see what we have previously funded.

How to enter:

  • Start the conversation. Contact the IBioIC Projects Team and let them know that you are planning to submit.

  • The Lead Industrial Partner should complete the Feasibility Fund Application Form and Project Financial Plan with input from the HEI Partner.

  • An optional draft checking service is available. The turnaround time for this service is approximately one week. Deadline for draft checking: Monday 13th May at 5pm.

  • Submit the Application Form and Project Financial Plan via email to: projects@ibioic.com by Monday 3rd June 2024 at 5pm.

Feasibility, Open CallSteven Scotthome