At the Aerospace Technology Institute’s (ATI) 2023 Conference in Birmingham, UK, Industry Minister Nusrat Ghani announced a new ATI SME Funding Programme. The programme, she said, will be delivered in partnership with the ATI and Innovate UK and provide up to UKP10 million per year in funding opportunities for “UK aerospace SMEs’ cutting-edge R&D projects.”
ATI CEO Gary Elliott said “By connecting capability and funding technology development, the SME programme will benefit organisations of all sizes across the nations and regions of the UK.”
According to the press release “The new programme will open to applications in February 2024 and aims to give SMEs the best opportunities possible to apply for funding to develop innovative technologies supporting the Government’s commitment to Jet Zero.
“The Programme will allow SMEs in the UK aerospace sector to bid for grants of up to UK1.5 million each, helping to boost high-skilled jobs in the industry across the UK.
“Support for organisations engaging with the SME Programme will be delivered by the ATI Hub. This will include sessions with ATI technologists, themed innovation workshops and guidance on preparing for a pitch-panel presentation.
“The ATI Hub can also generate new connections between start-ups, SMEs, bigger and tier one organisations which could become consortia applications to the SME Programme.”
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(Image: Industry Minister Nusrat Ghani)