Introduction to the Impact Phase
The Impact Phase of funding is now open to applications from projects that have been successfully funded during the Foundation Phase. This stage is pivotal as it provides essential support to research teams, enabling them to execute their proposed studies effectively.
Funding Opportunities
In this phase, teams can receive financial backing ranging from £5 million to £8 million. This substantial funding is intended to empower researchers to successfully implement their projects, allowing them to focus on producing meaningful results that can contribute to advancements in their respective fields.
Duration of Support
The duration of the funding for this phase can extend up to five years. This timeframe is designed to provide ample opportunity for researchers to carry out their work comprehensively. A longer duration allows teams to delve deeper into their research and facilitates the generation of more robust findings.
Conclusion
The Impact Phase is a critical opportunity for teams ready to transition their innovative ideas from the drawing board to real-world applications. With significant funding and an extended timeline for research, teams can work towards achieving impactful outcomes. This phase not only supports the immediate goals of the projects but also contributes to the wider scientific community by fostering valuable research initiatives.
