Business and academia prosperity partnership: fifth round

News article

Apply for funding to support an established research partnership between business and academic institutions

The Engineering and Physical Sciences Research Council (EPSRC) Prosperity Partnerships funding opportunity aims to fund business-led research that arises from an industrial need, with the work being co-delivered between the business and academic partners.

The opportunity is aimed at supporting excellent, world leading fundamental research which has clear benefit to the businesses involved, resulting in accelerated impact arising from the new knowledge, innovations, or technologies.

Co-creation of the research programme is essential. EPSRC expects programmes funded through this opportunity to:

  • drive forward shared research challenges
  • demonstrate impact beyond the partners
  • provide benefits to the businesses involved

The programme should contribute positively to the overall strategic partnership framework which exists between the parties. It should be clear that both the business and academic researchers are making distinct intellectual contributions to the partnership.

This co-investment opportunity is part of the EPSRC Prosperity Partnerships strategy. The industrial partners must match the funding provided by EPSRC for the partnership. EPSRC will fund:

  • most project costs at 80 per cent full economic cost
  • studentships at 100 per cent full economic cost

Before submission of the full proposal, applicants should complete an expression of interest before 16:00 on 16 November 2021. Submit your expression of interest.

The expression of interest survey will allow EPSRC to monitor demand for the opportunity. It will not be used as part of the assessment and is not a commitment to apply.

The deadline for submitting your outline application to the EPSRC is 16:00 on 11 January 2022. Start your application here.

First published 27 September 2021