Innovation in creative industries: apply for business funding

Innovate UK

October 16
14:53 2015

Innovate UK is to invest up to 4 million in innovative business projects that help to build on the UKs strengths in film, television, animation, video games, interactive media and visual effects.

The UKs audio-visual sector employs 250,000 people and adds more than 8 billion to the economy. In 2013, UK films earned 2.7 billion globally, domestic film production was worth 1 billion and exports of UK television programmes were worth 1.2 billion.

UK businesses must keep innovating to maintain a world-leading position in an increasingly competitive media sector.

This funding competition aims to stimulate new products and services that address the technical challenges of producing content across a range of devices and media.

Successful projects could develop applications that:

  • improve content creation in real time across different platforms and media
  • enable integration of pre-production, production and post-production processes
  • improve the management of a complex mix of digital assets and metadata
  • allow producers or consumers to interact with content
  • improve the efficiency of content production

Competition information

  • this competition opens on 9 November 2015, and the deadline for registration is noon on 23 December 2015
  • projects must be led by a business working with at least one partner
  • we expect projects to range in size from total costs of 300,000 to 750,000 and to last 9 to 18 months
  • small businesses could receive up to 70% of their eligible project costs, medium-sized businesses 60% and large businesses 50%
  • a briefing event for potential applicants will be held in London on 11 November 2015

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