The Follow-on funding programme is designed to support the translation of fundamental research funded by us into practical application, including commercialisation. The aim of the programme is to help researchers maximise the societal and economic benefits of their research.
This programme is a proof-of-concept model where further work on an idea will take it through to the stage at which the route to application is clear, which may include a spin-out or licensing opportunity. The programme enables activities essential to preparing a robust business plan and secure, where appropriate, further funding and support to progress.
This programme includes:
- Pathfinder Follow-on Fund (apply at any time)
Projects up to 6 months in duration
Valued at under £20k (FEC)
- Standard Follow-on Fund (FOF)
Projects up to 12-18 months in duration
Valued at under £250k (FEC).
- Super Follow-on Fund (SuperFOF)
Projects between 12-24 months in duration
Valued at between £0.25M and £2.0M (FEC)
Pathfinder Grants help researchers undertake the preliminary work required to put them in a position to apply for a Follow-On Fund Grant. This work typically focuses on evaluating the market potential for their research and the comparative strength of their intellectual assets and, if the technical feasibility of the project depends on it, the achievement of technical milestone 1.
A Follow-On 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.
More information can be found here.