The government has allocated £150m a year for aerospace projects that keep that the UK at the forefront of sector innovations.
Organisations are invited to share their ideas for future aerospace design and manufacture, with the best projects then able to apply for grant funding.
UK-based businesses, research and technology groups and academic organisations can all be the project lead, depending on the project type.
Projects can attract a maximum of 50% grant funding. Within that, individual businesses can attract up to 70% depending on funding requests from other partners.
This competition provides funding for industrial research or capital investment projects that align with the UK Aerospace Technology Strategy.
Priority areas include whole aircraft design and integration, aerostructures, advanced systems and propulsion technologies.
A statement said: “The UK’s aerospace sector is among the best in the world, with a turnover of £35 billion and hosting 123,000 direct employees in 2017. To remain at its peak, the UK needs to explore emerging opportunities and markets.”
The investment is part of the £3.9 billion UK Aerospace Research and Technology (UKART) programme, a partnership between government and industry, managed by Innovate UK, the Aerospace Technology Institute (ATI)and the Department for Business, Energy and Industrial Strategy.
Project themes are detailed in the UK Aerospace Technology Strategy, and include themes such as improving UK whole-aircraft design and system integration and future-proofing advanced systems technologies in the UK – specifically, smart, connected and electric aircrafts.
Additionally, securing the UK’s world-leading position in large, complex aviation structures, particularly wings and developing more efficient propulsion technologies, including large turbofans are also sought after.
The competition will open on April 8, 2019, and closes at midday on April 24 2019.
An online briefing event will be held on April 15, 2019, where organisations can find out more about the competition and apply.