SMEs have the chance to win up to £25,000 each in 'Proof of Principle' voucher prizes to help them unlock the business opportunities offered by the Internet of Things (IoT).
The IoT is one of the fastest moving, most enthralling fields in technology today. Collecting, exchanging, analysing and exploiting data through networks incorporating all kinds of sensor- and internet-enabled devices and objects, it offers huge potential to boost business – and not just for companies harnessing the technologies but for those supplying them too.
Through 'Proof of Principle' vouchers redeemable against the knowledge, facilities and resources of the STFC Hartree Centre – an acknowledged centre of excellence in the development, testing and application of IoT technologies – this competition offers SMEs an outstanding chance to drive maturing projects forward by utilising world class data specialists and technical experts.
Winning one of the prizes could represent the perfect way to accelerate a sound business idea that contributes to the IoT’s continued evolution and the transformational benefits it offers in terms of efficiency, productivity and business growth.
For SMEs active in this space, the Hartree Centre represents the ideal collaborator, with its creative and productive sandbox environment and extensive range of tried and tested skills in spheres such as device development, sensor build/deployment, workflows and data analytics.
Key application criteria include the following:
The voucher scheme is subject to special terms and conditions that differ from STFC’s standard terms and conditions for contracted work – see here for details. The intention is that the voucher holder will own and is free to use the IP arising from the project funded by the voucher – with the exception of the IP that relates to improvements of STFC’s background IP and operation of its facilities.