• Status: Closed

  • Key features: Innovate UK is offering 5 businesses up to £35,000 (excluding VAT) each to encourage innovation around ‘future retail’, across the themes of food waste reduction, virtual fitting, seamless shopping and enhancing in-store and market experiences.

  • Programme: IC tomorrow

  • Award: Up to £35,000 for each business

  • Opens: 11 Jan 2016, 00:00

  • Registration closes: No deadline

  • Closes: 23 Feb 2016, 12:00

  • Support phone number: 0300 321 4357

Future retail

Summary

Innovate UK is offering 5 businesses up to £35,000 (excluding VAT) each to encourage innovation around ‘future retail', across the themes of food waste reduction, virtual fitting, seamless shopping and enhancing in-store and market experiences.

The contest

Through our IC tomorrow programme, we are looking for proposals from companies with innovative digital ideas to enhance experiences, services and processes across the retail landscape – namely optimising virtual fitting, improving accessibility of digital services in-store and at markets, empowering customers to reduce food waste, and streamlining the process of replenishing everyday items within the home. The companies will not only benefit from funding, but also the opportunity to collaborate with commercial partners to accelerate development of their technologies.
 
We want to see solutions with potential appeal to a wide commercial market. Successful applicants will be expected to trial their proposed solutions with their industry partners for at least
3 months.
 
This contest is supported by the Economic and Social Research Council (ESRC), who will broker introductions with leading experts within the social science community, and provide access to the knowledge, skills and resources developed within key initiatives of relevance to the sector, including the ESRC Consumer Data Research Centre and the ESRC Retail Sector Initiative.
 
 
For those who could not attend, we also held a briefing webinar on 21 January 2016.
 

The challenges

We are looking for innovative solutions to address one of our 5 contest challenges within the themes of food waste reduction, virtual fitting, seamless shopping and enhancing in-store and market experiences.

 

Challenge 1

Pioneering new ways to fight food waste
Partners: Tesco and WRAP
 

Challenge 2

Future of fitting
Partner: London College of Fashion, University of the Arts, London
 

Challenge 3

Seamless shopping
Partner: Unilever
 

Challenge 4

Enhancing in-store experiences
Partner: Barclays
 

Challenge 5

Digital enhancement of street and covered markets
Partner: Greater London Authority

 

See the competition brief for full details. 

NOTE: Standard guidance rules do not apply to this competition, please refer to specific guidance.

Key dates

Contest opens   Monday 11 January 2016
Briefing event   Thursday 21 January 2016
Submission deadline  noon Tuesday 23 February 2016
Finalists notified   Friday 18 March 2016
Practice pitch sessions at IC tomorrow office

 Tuesday 22 March 2016 – for all finalists

 Monday 4 April 2016 – one-to-one sessions

 Tuesday 5 April 2016 – one-to-one sessions

Final panel session  Wednesday 13 April 2016
Winners announced   Friday 22 April 2016
Trials launched   winter 2017

 

Supporting documents & links