This competition funds UK registered SMEs to develop and commercialize engineering biology technologies through late-stage experimental development projects. Grants between £250,000 and £2 million are awarded alongside aligned investment from a pool of lead investors who also provide commercial expertise. Projects must last 24 months and be conducted in the UK. Applicants must secure investment alignment and meet eligibility criteria to compete for a share of up to £8 million in total funding.
Eligible applicants are UK registered micro, small, or medium-sized enterprises (SMEs) carrying out project work in the UK and intending to exploit results in the UK. Only single applicants may apply, and projects must be experimental development lasting 24 months with grant requests between £250,00
