Innovate UK, part of UK Research and Innovation, will invest up to £2 million in innovation projects. This funding is from Innovate UK’s BridgeAI programme.
These projects will be to accelerate the development and adoption of artificial intelligence solutions across supply chains of the UK economy. The projects are intended to benefit efficiency in supply chains and improve business decisions at firm level.
The aim of this competition is to develop a product or process that enables data from micro, small and medium sized enterprises (SMEs) and large organisations to be shared in a trust less environment. The product or process must enable the development of new artificial intelligence solutions for the benefit of supply chain efficiency and firm level productivity. The output of these projects must be in the form of a demonstrator.
Your project must demonstrate clear monetisation strategies that incentivise data sharing and business models that span benefits across organisations and sectors.
We will fund late R&D projects that will demonstrate benefits for at least two of the three BridgeAI target sectors:
- transport, logistics warehousing
- agriculture, food processing
- construction
Your proposal must comply with the scope and eligibility requirements and include a consortium of SME and large organisations from at least two of the three key target sectors.