SynbiCITE investment in innovation

SynbiCITE has new funding available to accelerate and enhance innovation in synthetic biology that meets clear selection criteria for projects that demonstrate significant commercial potential. The funds are allocated for proof of concept (PoC) projects that have been taken to a stage where their further validation of the technical, market or commercial aspects make them attractive for investment by investors or product development by industry. SynbiCITE can also negotiate funding for larger collaborative projects in partnership with companies that need to accelerate projects beyond POC with the Development of Prototype (DoP) funding.

New Proof of Concept funding now available

This new programme comprises three stages: i) an ideation and basic PoC stage, ii) a six-month extension project which will be evaluated by a panel of scientific/engineering and commercial experts and iii) for teams which pass evaluation, further development of their projects/products over a longer period, supported by significant development funds.

Throughout the programme, projects will be supervised by SynbiCITE’s scientific and technical staff, as well as external experts and the teams will have access to SynbiCITE’s technical facilities, including the biofoundry. Following successful completion of the development stage, SynbiCITE will be able to connect teams and companies to external investors, including its own partner SynBioVen .

Timetable

• The round is now open
• Initial deadline for applications 31st December
• Applications to be reviewed and interviewed early in the new year

If there are any places still available we will re-open the call in January.

Please contact SynbiCITE l.mckay@imperial.ac.uk for the application pack and assessment process overview.

Innovate UK funding competitions

Innovate UK fund, support and connect innovative businesses to accelerate sustainable economic growth.

More information