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Our expertise

innovate-uk-logo.png

Innovate UK is part of UK Research and Innovation, a public body funded by the UK government. They work with UK companies to de-risk, enable and support innovation, and fund business and research collaborations to accelerate innovation and drive business investment into research and development.

 

Among their activities, they organise regular innovation competitions. Calls are published all year round and cover a wide area of topics, from competitions open to all sectors to very specific thematic grants.

 

Over a year, Innovate UK funds nearly 3000 companies, 75% of which are SMEs [source].​

 

Main funding instruments

Open Grant Funding Competition

applicants per call

600

4

calls per year

8%

average success rate

average grant size

£200k

Specific Innovation Grants

~10

calls per month

£30k-£15m

projects from

to

3

months

years

grants allocated

Innovation Loans: Open Competitions

5

calls over two years

funding available

£50m

Interested?

The latest Innovate UK news: