Innovate UK Accelerated Knowledge Transfer scheme

Two men working at a table in the Nexus atrium

Is your business looking to conduct a research project with a University? Or maybe you’re creating an innovative product which could benefit from academic support?

Then the Innovate UK AKT21 pilot scheme could be helpful for you.

Innovate UK have recently launched the first round of their Accelerated Knowledge Transfer to Innovate (AKT21) pilot scheme, with more rounds to follow in October and November. The scheme provides the opportunities for businesses – in collaboration with a university – to receive a grant of up to £35,000 to work together on innovative projects lasting between 2 – 4 months. The business must contribute a minimum of 10% of the project costs.

More information about the AKT funding, including closing dates, can be found on the Innovate UK website.

At Nexus, we can support our members with applications to schemes such as this, and can support the development of further projects that may develop, including Knowledge Transfer Partnerships.

Even if your idea is in its early stages and you might not know where is best to start, get in touch with our team and they can support you.