The UK Technology Strategy Board is to run a competition to fund the development and commercialisation of innovative processes that will generate high-value chemicals though industrial biotechnology.
Up to £2.5m will be invested and the board is inviting applications for both feasibility and collaborative research and development projects.
Projects should look at how industrial biotechnology can be competitively applied to the production of high-value chemicals. Applicants must show how their project will make an overall positive contribution in terms of economic, environmental and social impacts, taking into account the full product lifecycle.
The competition opens on 12 October 2010. Proposals for collaborative R&D projects should be business-led and include an end-user. Proposals for feasibility projects may be from business-led consortia or single companies.