Technology Readiness Level was originally created by NASA to assess whether their emerging technology was suitable for space exploration. Nowadays this approach is used over a variety of different industries to understand the maturity of a technology and assess whether it’s ready for use in the “real world”.
“The way we create our buildings has not changed substantially in 40 years and needs a drastic overhaul if it is to deliver the buildings that the UK needs. Construction is currently expensive, and too many buildings waste energy. We need to transform construction so that we can create affordable places to live and work that are, safer, healthier and use less energy. By taking a lead in the UK, we can also increase our ability to export: global demand for efficient buildings is rising rapidly, due to the pressures of urbanisation, affordability, and the need to cut emissions.” (Innovate UK)
As one of Granted’s successful clients, New Wave Marine secured funding from Plymouth and the South West Peninsula City Deal which provided them with £60,550 of grant funding to expand their local business to offer services in the export market.
“Services account for almost 80 percent of the UK economy. As technologies like artificial intelligence and data analytics become ubiquitous, we need to ensure the UK service sectors are primed. Pioneer funding will help service industries to identify how the application of these technologies can transform their operations. This will help to put UK service industries at the forefront of developing and using innovation.” (Innovate UK)
The Granted Team have been working with a range of exceptional clients since the beginning of 2018 and have managed to successfully secure £1M of grant funding this June alone. Covering multiple sectors, we’ve helped companies at the forefront of innovation through the process of achieving a successful grant application, including funding for Health & Life Sciences (Innovate UK), Emerging & Enabling Technologies (Innovate UK) and RDPE (Rural Development Programme for England).
Blockchain has entered the mainstream and is no longer a ‘buzzword’. Blockchain and other types of Distributed Ledger Technology (DLT) has developed from essentially being associated with Bitcoin to a much broader range of application by offering a trust layer to the world-wide-web that has been impossible to date.
After a very busy Qtr 1, we’ve had some impressive results from our recent grant funding applications. We’ve helped secure funding for a number of companies in different sectors including £650K for a client in the battery technology sector and £330K for a property tech company.
On 21st May, Theresa May delivered a speech on Science and Industrial Strategy that gave the clearest indication yet of how the UK’s involvement in EU grant funding might emerge post-Brexit.