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Applications Invited for BBSRC Follow-on Funding (FoF) Call 2020
Organization: Biotechnology and Biological Sciences Research Council (BBSRC)
Apply By: 07 Oct 2020
Grant Amount: 250000 Pound
About the Organization:
BBSRC is part of UK Research and Innovation, a new body which works in partnership with universities, research organisations, businesses, charities, and government to create the best possible environment for research and innovation to flourish. They aim to maximise the contribution of each of our component parts, working individually and collectively. They work with their many partners to benefit everyone through knowledge, talent and ideas.
Follow-on Funding call
The Follow-on Funding (FoF) supports the translation of research into practical application, including commercialisation. The aim of the programme is to help researchers maximise the societal and economic benefits of their research. The FoF is a proof-of-concept programme to support bioscience innovation and provide funding where further work on an idea will take it through to a stage at which the route to application is clear, which may include a spin-out, licensing opportunity or the creation of a social enterprise. The programme enables researchers to conduct activities essential to preparing a robust business plan and to secure, where appropriate, further funding and support to progress the project.
The FoF aims to bridge the funding gap between BBSRC-funded research and the point at which other non-BBSRC funding becomes available. By supporting early-stage projects, it also seeks to reduce the risk for future investors. The FoF should not duplicate other sources of public and private funding.
A FoF grant enables researchers who have a sound understanding of the market opportunity for their intellectual assets to execute a defined programme of work of up to two years in length that has clearly defined and complementary technical and business plan development milestones.
BBSRC funding is at 80% of FEC.
Please note, BBSRC does not provide funds to support patent filing costs.
Standard Follow-on Fund (FOF)
- Projects 12-24 months in duration
- Valued at under £250,000 (FEC).
Super Follow-on Fund (SuperFOF)
- Projects 12-24 months in duration
- Valued at between £250,000 and £800,000 (FEC).
Eligibility
- Standard eligibility criteria apply, as described in section three of their grants guide.
- In addition to fulfilling the standard eligibility criteria, the Principal Investigator (PI) must currently or previously have held BBSRC funding with demonstrable relevance to the application.
- Follow-On Fund projects must draw substantially on previous research funding by us and fall within our portfolio. Proposed applications are not anticipated to extend research grant funding or to be applied research for commercial partners.
Deadline: 7 October 2020
For more information please check the Link
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