The TSB has awarded the cash as part of its Competition for Disruptive Solutions. A total of 12 companies have been awarded the money, with four receiving £100 000 each and eight receiving £25 000 each. The awards were given in the areas of energy, digital, healthcare and sustainability.
In the energy sector, Oxford Photovoltaics has been awarded £100 000 to commercialise a solar glazing technology that can be printed directly on to glass, while in the digital area, Bare Conductive has been given £100 000 to commercialise a skin-safe conductive ink.
In the healthcare sector, Altrika has received £100 000 to develop a donor skin-cell spray that can be used to treat paediatric scalds, and in the sustainability area Arvia Technology has received £100 000 to develop a technology for the destruction of organics in water.
Eight companies have received £25 000 each. In the digital sector Kinetica RT is developing a system to monitor the wellbeing of elderly people using a series of sensors, while Little Riot is developing the Pillow Talk interactive product for networking couples separated by distance.
In the energy sector, RE Hydrogen is developing an alkaline electrolyser stack for energy production and Arcola Energy is working on a project to determine the feasability of using a hydrogen fuel cell to power remote offices.
In healthcare, Autology Health is developing a method to harvest adult stem cells and Butters Innovation is developing a working prototype of the MoRoW II motorised rehabilitation walker.
In sustainability, Bactest is exploring its rapid microbial monitoring technology, and Bio Bullets is developing micro-encapsulated biocides to control fouling pests in plants.
The ideas were selected from 550 submitted proposals.