The aim of this competition is to develop technologies that lead to the acquisition of better data, improved data analysis and collection methods, helping to reduce risk, uncertainty and cost to the tidal stream energy industry.
Proposals must be collaborative and business-led, including at least one business from Canada and one from the UK. We expect to fund industrial research projects, in which a business partner will generally attract up to 50% public funding for their project costs (60% for small to medium enterprises).
We expect total project costs to be in the region of $500k CAD (£275k), although we may consider projects outside this range .
This is a two-stage competition that opens for applicants on 6 October 2014. The deadline for expressions of interest is at noon Atlantic Standard Time or 16:00 Greenwich Mean Time on 28 November 2014.
Prospective applicants are requested to indicate their interest in this competition by completing the online registration form
The time between this announcement and the competition opening for applications has been designed to allow the development of relationships between Canadian and UK organisations, with a view to forming project consortia.
Registration does not represent a binding intent to make an application but OERA and the Technology Strategy Board will inform registrants about events and support activities being organised to aid consortium-building.