CAN BE
ALTERNATIVE
INVESTMENT

Opening date 10 Jul 2024, 06:00AM
Closing date 19 Sep 2024, 12:00PM
Why this programme
Breakthroughs in AI are transforming robotic abilities, but compared to staggering advances in computation, the development of robot bodies has stalled in recent decades. Today, robots cannot achieve the flexibility, speed and precision of human manipulation, rendering them useless for many of the difficult or dangerous tasks where we need them most.The need to improve robot dexterity comes at a critical time. The proportion of the world’s population aged 65+ is set to triple by 2100, while labour deficits for physically demanding work are set to increase.Robots have the potential to ease these labour shortages and boost prosperity – advanced robotics with dexterous manipulation could add an estimated 4% to global productivity – but to do so we must close the gap between what robots and humans can handle.
What we’re shooting for
Just as biological bodies and nervous systems evolved together, this programme will aim to exploit advanced simulation to learn the optimal design for a robot body at the same time as optimal control. Our goal: to release the bottlenecks in robotic dexterity, demonstrating a paradigm-shift in robotic abilities and creating vastly more capable and useful machines. For more information, see here.
Eligibility crtieria can be found in the programme call documents on ARIA's website here.
See ARIA website for more detail here.
Detailed timelines can be found in the programme call information on ARIA's website here. The application process for Technical Area 1 consists of two stages:
Submission of a concept paper - At this stage and based on your concept paper, you will either be encouraged/ discouraged to submit a full proposal. If you receive feedback indicating that you are not encouraged to submit a full proposal you can still choose to submit a full proposal. You should note that this preliminary assessment/encouragement provides no guarantee of any full proposal being selected for award of funding.
The deadline for submission of concept papers is 24 July 2024 (12:00 BST).
Submission of a full proposal - the deadline for submission of full proposals is 19 September 2024 (12:00 BST).
See ARIA's website here.
The total funding value is the estimated budget available. We expect to fund multiple applicants.The maximum individual award figure is an estimate only. Funding is anticipated to be awarded via both contracts and grants. For more information on how we fund, see here.
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
This App/website is not affiliated with any government agency. We collect and organize information from publicly available government websites and provide direct links to these official sources.
For accurate details and to apply for grants or loans, please visit the relevant government websites linked within the App/website.
What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.
Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.
Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.
Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.
In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
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