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The aim of this competition is to improve the efficiency and effectiveness of Innovate UK’s operational functions. Innovate UK are looking for as many ideas as possible for how machine learning can help grant funding provider make the best use of its existing data. Applicants should show how they would develop and test a prototype application.
Machine learning is a type of artificial intelligence. It allows computers to become more accurate in predicting outcomes without explicit programming, using algorithms that iteratively learn from data.
In phase 1 applicants will develop a tool or service as part of the feasibility study. Projects should last up to 4 months. They can range in size up to a total cost of £50,000 each, including VAT.
Proposals should include:
If successful, Innovate UK will expect applicant to engage with them to:
Developments will be 100% funded. We will select suppliers for each project through an open competition process. Applicants will keep the intellectual property rights (IPR) generated from the project. Innovate UK will keep some rights of use. Registration for the competition closes by 12pm on the 6th of September 2017.
If you have a project that you think will be eligible for Innovate UK funding then feel free to get in touch. As leading bid writing specialists, we will be able to assess your chances of success and tell you more details about this competition.
Further details can be found on the Innovate UK website.