The Technology Strategy Board (TSB) and the Department of Energy and Climate Change (DECC)
are to invest up to £2m in feasibility studies to encourage the development of innovative technologies for the safe and responsible exploitation of the UK's shale gas resources.
The TSB will support innovative projects in a number of key technology areas, which will help to develop a UK shale gas supply chain to serve both a UK and global market in a safe and sustainable manner.
Projects must be business-led, and the competition is open to companies of any size, although we particularly encourage the participation of small and medium-sized businesses (SMEs).
Projects can be collaborative or developed by a single business. We are encouraging projects that involve technology transfer from other sectors, for example from the ICT, digital, space and high value manufacturing sectors. We are particularly interested in attracting a site developer willing to provide a ‘test bed' for innovative technologies in this area.
We expect to fund feasibility studies (pre-industrial research projects) in which a business partner will generally attract up to 65% public funding for their project costs (75% for SMEs). Research organisations can participate as partners, but cannot lead a project.
We expect projects to last between six and 12 months and to range in size from total costs of £50k to £150k.
This competition opens on 23 June 2014, and the deadline for applications is at noon on 24 September 2014.