The aim of the Trusted Services competition for funding, which opens in May, is to encourage innovative British companies to develop tools, techniques and services that will target the increasing risks that consumers, businesses and public-sector organisations face.
The £10m to be invested in the research includes £2m from the Engineering and Physical Sciences Research Council and £300,000 from the Economic and Social Research Council.
In addition to full-scale research-and-development projects that may take between one and three years to complete, the TSB is keen to receive applications from small and medium-sized enterprises or micro companies for ’fast-track’ projects costing less than £150,000 that will take up to 12 months to complete.
An event explaining the competition challenge and scope in more detail will be held in London on 13 April 2010. Details of this event, the agenda and how to register will be available shortly on the TSB website, www.innovateuk.org.
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