Grant News
UK public sector organisations can apply for grants of up to £250,000 to help them to better exploit high-potential intangible assets such as intellectual property, data, innovation, software and knowhow.
The funding is made available by the Department for Business, Energy and Industrial Strategy through the Knowledge Assets Grant Fund 2022, which supports early-stage research into the identification and development of existing public sector knowledge assets, including their repurposing, commercialisation or expanded use.
The fund is open to organisations headed by an Accounting Officer responsible for upholding Managing Public Money (MPM) guidance. These organisations are primarily those classified to the central government sector by the Office for National Statistics although others may be in scope. This includes:
- government departments and their partner organisations
- arms-length bodies
- public sector research establishments (PSREs). These are research and development institutes sponsored directly by government departments or the 7 UK Research Councils, such as certain government labs.
Eligible organisations can apply for either Explore, Expand or Extend grants depending on the amount of information requested and the size of grant required. Please see below for further information.
The deadline for the first round of submissions is 11am on the 18th August 2022.
Useful Links:
Knowledge Asset Grant Fund 2022: Explore Grant