The Knowledge Asset Grant Fund (KAGF) programme is run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Business, Energy and Industrial Strategy (BEIS).

The programme has £13 million funding available over 3 years with £2.9 million allocated to this financial year.

Innovate UK are administering this competition using their online competition platform on behalf of GOTT.

The aim of this competition is to support the identification and development of public sector knowledge assets, including their repurposing, commercialisation or expanded use. These assets may include intellectual property, data, innovation, software and knowhow. This competition is split into 3 strands:

• Knowledge Assets Grant Fund: Explore – for projects with costs of up to £25,000
• Knowledge Assets Grant Fund: Expand – for projects with costs of between £25,001 to £100,000
• Knowledge Assets Grant Fund: Extend – for projects with costs of between £100,001 to £250,000 (this strand)

It is your responsibility to ensure you are applying to the correct strand for your project. You will not be able to transfer your application and it will not be sent for assessment if it does not meet the eligibility criteria.

Eligibility

Your project must:

• have a grant funding request between £100,001 and £250,000
• start after 1 October 2022
• last between 2 and 18 months
• end by 31 March 2024
• generate social, financial or economic benefits to the UK
• seek funding to develop a knowledge asset or assets that are majority owned by the UK government organisation applying for funding

All awards granted in 2022 must spend at least 50% of the funding awarded by 31 March 2023.

Awards granted in 2023, must spend at least 50% of the funding awarded by 30 June 2023.

You must only include eligible project costs in your application.

Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian source.

The Knowledge Asset Grant Fund support is for the development of existing assets. Assets do not have to be potentially revenue-generating to attract funding.

To lead a project your organisation must be:

• a UK public sector organisation
• headed by an Accounting Officer responsible for upholding Managing Public Money (MPM)
• the primary beneficiary of any revenue-generating potential created by the funded activities

This includes but is not limited to:

• central UK government departments,
• non-departmental public bodies (NDPB)
• arm’s length bodies
• public sector research establishments (PSREs)
• NHS trusts

Your organisation must have approval from a Senior Civil Servant or equivalent, with the appropriate budget delegation from their accounting officer, up to and including the value of the grant being sought.

Academic institutions, cannot lead.

Subcontractors are allowed in this competition.