A successful Proof of Concept Smart Grant application has led to Nuclera obtaining £100k of non-dilutive funding from Innovate UK, the UK governments innovation agency. The grant will support research and development activities to advance key components of Nuclera's novel DNA synthesis process.
Innovate UK is the new name for the Technology Strategy Board – the UK’s innovation agency. Taking a new idea to market is a challenge. Innovate UK funds, supports and connects innovative businesses through a unique mix of people and programmes to accelerate sustainable economic growth. For further information visit www.innovateuk.org
Managed by Innovate UK, the Smart scheme offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology, from which successful new products, processes and services could emerge.