Proposal Guidelines

Your proposal should demonstrate how your project meets the grant eligibility criteria, with a focus on the intended UK-based impact. A key requirement is that at least one SME is either leading or collaborating on the project. Your project must:

1. Meet the grant funding eligibility criteria.
2. Carry out all of its project work in the UK and intend to exploit the results from or in the UK.

Benefits of Participation

Apart from funding, successful participants will have the opportunity to bring innovative solutions to the UK market, contributing to economic growth and sector transformation.

What Successful SMEs Receive

Successful UK registered SMEs will receive:

1. Grant funding from Innovate UK.
2. The opportunity to work with a collaborative team or independently, based on the project's duration and cost.

Competition Entry

By applying for this competition, you're participating in a competitive process. The competition closes at 11am UK time on the deadline date.

Project Aspects

Your project should target significant challenges or opportunities in your industry sector, significantly enhancing productivity, sustainability, environmental impact, and progression towards net-zero emissions.

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.

Exclusions

Please note, this competition will not fund projects involving any Russian or Belarusian entity or goods/services from these sources.

Ready to Spark Innovation in Your Sector?

If you're ready to bring your innovative solutions to life, contact us at Inventya on 01925 506 100 or at info@inventya.com. We're excited to support you on your journey towards transforming your industry and driving economic growth.