The Technology Strategy Board, the Biotechnology and Biological Sciences Research Council (BBSRC), the Engineering and Physical Sciences Research Council (EPSRC), and the Economic and Social Research Council (ESRC) will all be contributing to the fund.

This initiative is part of a programme for emerging technologies and industries, and highlights the opportunities for industry created by technological advancements in synthetic biology.

Projects should aim to demonstrate the feasibility of using this approach in the creation of novel or improved products or processes. Where appropriate, projects may also explore the social science necessary for the industrial advancement of this technology.

Projects must be collaborative and business-led, and are open to businesses of any size, as well as research organisations.

Grants will not exceed £375k and the maximum project size is up to £500k.

Projects should last between 12 and 18 months. The competition opens on 8 October 2012.

The deadline for registration is noon on 14 November 2012 and the deadline for applications is noon on 21 November 2012.

A briefing event for potential applicants will be held in London on 15 October 2012.

How to apply

For full details on how to apply download the competition brief:

 Competition for feasibility funding (PDF, 1.5MB)

Alternatively call the competition helpline on 0300 321 4357 or email competitions@innovateuk.org