Funding from PHYCONET

BBSRC NIBB Business Interaction Vouchers (£200K total) are available for financing research projects. Funds will be awarded to an academic institution in the UK and the applicant must be a member of PHYCONET. We particularly encourage applications from early-career researchers.

In addition, the Network intends to use additional funds to hold regular PHYCONET meetings and other activities, and to sponsor other events related to algal biotechnology.

Please note that we have now distributed all of our Proof of Concept funds.


Business Interaction Vouchers

  • We are now able to offer BIV funding up to the value of £10,000 (inclusive of VAT)
  • Project duration 6 months (maximum)
  • Industrial partner contribution expected to be at least to the value of the voucher as cash or in-kind contribution
  • Applications are reviewed on a quarterly basis – next deadline is 5pm on 15 September, 2017
  • Please read the PHYCONET Business Interaction Voucher Terms & Conditions before completing the application form


Training & Conference Funding

Funds are available to PHYCONET members who meet the BBSRC eligibility criteria in section 3 of the BBSRC Research Grants guide.

  • Apply for up to £250 for an event in the UK and up to £750 for an international event
  • Funds can be used to cover travel, accommodation expenses and event fee
  • Members meeting the BBSRC eligibility criteria can apply on behalf of members who do not meet the criteria (e.g. PI on behalf of PDRA)
  • Students are not eligible as stipends contain funds for these activities
  • Applications will be reviewed quarterly – next deadline is 5pm on 1 November 2017, for events starting between 1 January and 31 March, 2018
  • Please read the PHYCONET Training & Conference Funding Terms & Conditions before completing the application form


Funding from Other Sources


BBSRC has many research funding schemes, including fellowships, research grants, special opportunities and international funding opportunities, and, in conjunction with EPSRC and Innovate UK, set up the Industrial Biotechnology Catalyst for accelerating the commercialisation of industrial biotechnology-derived products and processes. If applying, please consult the BBSRC IB Catalyst website for advice and also read the following BBSRC advice for IB Catalyst applicants.

Innovate UK

Working with business, research and policy makers, Innovate UK (formerly Technology Strategy Board) offers funding and support to help businesses develop new products and services – and bring them closer to market.


The Industrial Biotechnology Leadership Forum (IBLF) is an industry led and Government sponsored initiative to drive a bio-economy in the UK.

Royal Society

The Royal Society provides a range of grant schemes to support the UK scientific community and foster collaboration between UK-based and overseas scientists.


Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020).


Phyconet News

  • July 31, 2017

    The PHYCONET July 2017 newsletter is out. To receive the next newsletter directly by email, please join us by completing the short form on the Membership page.

  • Congratulations to the following, who have been awarded BIV funding: Patricia Harvey (University of Greenwich) who will work with Varicon Aqua Solutions Ltd on the project “Development and evaluation of novel nutrient formulations for microalgal cultivation”. Jagroop Pandhal (The University

    Read more ›

  • July 19, 2017

    The PHYCONET June 2017 newsletter is now available. If you would like to receive the next newsletter direct to your inbox, please join us by completing the short form on the Membership page.