Unveiling the Opportunity
Innovate UK, as part of UK Research and Innovation (UKRI), is collaborating with The Department for Environment, Food and Rural Affairs (Defra) to invest up to £5 million in ground-breaking projects. This funding is associated with Defra's Farming Innovation Programme, an alliance with UKRI's Transforming Food Production Challenge, facilitated by Innovate UK.
Aim of the Competition
This competition targets:
Your proposal should be able to illustrate how the project will benefit farmers, growers or foresters in England. To qualify for grant funding, your project must:
You are encouraged to initiate conversations with potential investors, but you can also apply for the competition prior to this.
Apart from investment, the lead investors can equip you with commercial acumen in areas such as leadership, market access, skills, and resources.
What Successful SMEs Receive
Successful UK registered SMEs will obtain:
By applying for this competition, you are participating in a competitive process. Remember, the competition closes at 11am UK time on the stated deadline.
Your project must address a significant industry challenge or opportunity in at least one of the industry subsectors below:
Your solutions should significantly enhance farm-focused aspects such as productivity, sustainability and environmental impact, progression towards net-zero emissions, and resilience.
Portfolio Approach and Themes
The funders aim to support a variety of projects across markets, balancing the portfolio based on additionality and risk. They show preference to applications and investments that demonstrate greater additionality and reduced risk, alongside those with a higher ratio of investment to grant.
Please note, this competition will not fund projects that:
Ready to Drive Change in Agriculture?
If you're poised to transform your cutting-edge, sustainable solutions into a reality, contact us at Inventya on 01925 506 100 or at email@example.com. We're thrilled to support you on your journey towards reshaping the agricultural industry and our planet.