The UK and Israel are jointly funding this competition under the EUREKA framework. The aim of this competition is to support business led collaborative, research and development (CR&D) projects resulting in new products, industrial processes or services. Projects must be innovative, involve a technological risk and target large global markets.

Your collaborative R&D proposal must demonstrate:

• a clear game-changing or disruptive innovative idea leading to new products, processes or services
• a strong and deliverable business plan that addresses and documents market potential and needs
• sound, practical financial plans and timelines
• good value for money, which will always be a consideration in Innovate UK funding decisions
• a clear, evidence-based plan to deliver significant economic impact, return on investment (ROI) and growth through commercialisation, as soon as possible after project completion
• clear, considerable potential to significantly benefit the UK economy or national productivity
• the benefit of participants from the countries working together and how this adds value
• a clear definition of where intellectual property (IP) can be used and shared between the participants and countries
• a clear route to market within 2 to 3 years of project completion

Portfoilo approach

We are looking to fund a portfolio of projects, across a variety of technologies and markets.

Projects we will not fund

We will not fund projects that:

• work on non-civilian technologies
• are not in scope
• do not meet Innovate UK’s eligibility criteria
• do not submit all mandatory documentation
• do not include at least one UK and one Israel based business

We cannot fund projects that are:

• dependent on export performance, for example giving a subsidy to a baker on the condition that they export a certain quantity of bread to another country
• dependent on domestic inputs usage, for example if they insisted that a baker use 50% UK flour in their product