The Commercialising Knowledge Assets Fund (CKAF) is run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Science, Innovation and Technology (DSIT). Innovate UK is administering this competition on behalf of GOTT, which will provide funding ranging from £50,000 to £250,000 per project. The aim of this competition is to support organisations to move viable public sector Knowledge Assets with identified potential markets towards commercialisation. A Knowledge Asset is an intangible asset that your organisation holds. Examples of Knowledge Assets include know how, expertise, intellectual property, rights for designs, research and development outputs, source code and creative outputs. In applying to this competition, you are entering into a competitive process. This competition has a funding limit, so we may not be able to fund all the proposed projects. It may be the case that your project scores highly but we are still unable to fund it. Our experience from similar competitions suggests that you could have a 50% chance of success. We consider a range of factors when determining whether to provide funding to applicants. This includes an assessment of prior conduct, such as any outstanding payments owed to Innovate UK or UKRI. Such factors may influence the funding decision, potentially resulting in a refusal of funding or an award subject to additional scrutiny. We also reserve the right to adjust funding allocations for any of our competitions. This may be in response to changes in policy, portfolio funding considerations or broader government funding decisions. This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief. We cannot guarantee other government or third party sites will always show the correct competition information.