Join the Global Business Innovation Programme India 2023

The Global Business Innovation Programme, organised by Innovate UK and delivered by Innovate UK EDGE, consists of a preparation phase, 7-day innovation visit focused on India, a post-visit exploitation workshop and support of approximately 12 months from an Innovate UK EDGE Innovation and Growth Specialist, helping your business maximise the opportunities identified, including developing innovation projects with partners in the territory

Innovate UK is committed to ensure that anyone, from any background, has an equal opportunity to be successful.

Why India?

The Asia Pacific Region is the largest market for power electronics globally and India is one of the key markets for growth due to an increasing demand for electricity consumption, focus on renewables and manufacturing capabilities. India imported $1.8Bn of power electronic devices in FY20/21. India represents an exciting partner for collaboration in this sector to address key challenges in the supply chains for both countries. Innovate UK is currently working on developing an industrial CR&D funding programme with the Government of India, which is expected to open in early 2023. Ongoing discussions include PEMD as a potential area of bilateral focus, and this GBIP will promote new relationships in the form of B2B collaborations and academic links between the UK and India in this sector.

Focus areas

This initiative is particularly relevant for businesses in the areas of Power Electronics, Machines and Drives (PEMD) technologies, that enable the control and delivery of electrical energy and which underpin clean, green transport.

Specific areas of interest are:

Compound semiconductor fabrication
Compound semiconductor device packaging
Compound semiconductor power conversion
Permanent magnets manufacturing and recycling
Electric machine design
Electric machine control
Kerbside EV chargers
Reluctance 2 and 3-wheeler powertrains

What are the benefits?

You can explore PEMD opportunities in India
Gain a better understanding of the challenges and opportunities of doing business in India
Find potential innovation collaborators and partners and develop your network in the UK and globally
Improve your company value proposition to international partners and investors

What is the cost?

Innovate UK and Innovate UK EDGE will fund and organise flights, accommodation, in-market travel, and conference fees for successful applicants. Innovate UK will also pay for any reasonable adjustments throughout the initiative. Only one representative from each company will be funded. On acceptance to the initiative a commitment fee of £500 will be obtained from each delegate, which will be refunded on completion of the full activities and agreed action plan. Non-completion after formal acceptance may result in forfeiting some or all the commitment fee

How to apply?

All applications must be made online and received no later than 27th November 2022. All applicants will be notified from 5th December 2022.

Click here to apply today!!