This award and the Royal Society Innovation Award are designed to promote innovation and fill the funding gap between scientific research and the exploitation of an idea through venture capital investment, they are replacing the Brian Mercer Award for Innovation and the Brian Mercer Feasibility Award.
The principal differences between the Royal Society Translation Award and the Brian Mercer Feasibility Award are:
- The awards will be for £50,000 each.
- There will be no restrictions on the subject areas for awards, within the natural sciences.
- There will be two rounds per year.
- A bespoke training and support package will be offered to successful candidates, to contribute towards the impact of the award.
- There has been an increase in the number of awards available each year.
Am I eligible to apply?
The scheme covers all the natural sciences.
You can apply for this scheme if you:
- have a PhD or are of equivalent standing in your profession
- hold a substantive post in either a university or a not-for-profit research organisation in the UK
- expect to be in post for at least the duration of the project
Before applying, please ensure that you meet all the eligibility requirements, which are explained in the scheme notes.
What is the scheme’s value and tenure?
The scheme provides an award of up to £50,000 (including VAT where applicable).
Awards are not expected to exceed 24 months in duration.
What is the application process?
Applications should be submitted through the Royal Society’s electronic grant application system (e-GAP).
All applications are initially checked by the selection panel chair for eligibility and then reviewed by the members of the panel with the most appropriate scientific expertise.
Following this a shortlist is drawn up and shortlisted proposals are reviewed by two independent referees suggested by the panel.
The selection panel considers the candidates before reaching a decision.