Innovate UK is offering small and micro businesses a share of up to £30million in grants alongside tailored business support delivered by Innovate UK EDGE. You can apply for up to £50,000 for highly innovative ideas that have a clear route to commercialisation through business growth.
Your project must lead to new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.
In your application, you must be able to show that you:
Your idea must focus on either achieving net zero or self-driven healthcare, and how new technology can enable affordable, adoptable and investable innovations in these areas. We are particularly interested in proposals which will help you:
Innovate UK runs many different competitions, and each will have different eligibility and scope requirements. The guidance in this competition brief will always supersede any other guidance. If you are unsure or have any questions, please contact our Customer Support Service who will assist you further.
Your project must:
You must only include eligible project costs in your application. If you exceed the total project costs of £50,000 you will be ineligible and your application will not be sent for assessment.
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian entity as lead or subcontractor. This includes any goods or services originating from a Russian source.
You will be made ineligible if you exceed the Minimal Financial Assistance limit. You must submit a completed declaration as part of your application.
To lead a project your organisation must:
Subcontractors are allowed in this competition.
The aim of this competition is to provide a package of targeted support to enable ambitious UK-registered micro and small businesses to reach their potential.
Your proposal must demonstrate how one or more of the seven technology areas outlined in the Department for Business, Energy and Industrial Strategy UK innovation Strategy will be applied to the specific challenge themes outlined below. The seven technologies are:
We are particularly interested in proposals which will help you:
Innovate UK reserves the right to fund a variety of projects. We call this a ‘portfolio’ approach. The portfolio criteria are:
Your project must focus on how one or more of the seven technology areas outlined above, can enable affordable, adoptable, and investible solutions for either:
Achieving net zero and reducing environmental impact through:
Self-driven healthcare, de-centralised healthcare and mental wellbeing through: