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Opens:
23/8/2021
Closes:
13/10/2021
Sectors:
All
Project Size:
£50,000

Summary

Innovate UK, as part of UK Research and Innovation, is offering at least 20 Women in Innovation Awards to female entrepreneurs across the UK. The winners will receive a £50,000 grant and a bespoke package of mentoring, coaching and business support.

The aim of this competition is to find women with exciting, innovative ideas and ambitious plans that will inspire others. The awards are for female founders, co-founders or senior decision makers working in businesses that have been operating for at least one year.

Applicants must be confident, with the support of an award, that they can make a significant contribution to a pressing societal, environmental or economic challenge through their innovative project.

Eligibility

Your project must:

  • start on 1 April 2022
  • end on 31 March 2023
  • last 12 months

 

To be eligible for an award you must:

  • be a female founder, co-founder or senior decision maker within a UK registered micro or SME business which has been operating for at least 12 months by the competition closing date
  • carry out your project work in the UK
  • intend to exploit the results from or in the UK
  • be legally and contractually able to use the funding
  • attend 2 bootcamps over one and a half days each on the 16 and 17 March 2022 and in September 2022.
  • be fully committed to work as a role model for up to 5 days over the duration of the award

Applicants should be someone who will be an inspiration to others. 

Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.


Scope

The aim of this competition is to fund and support a diverse portfolio of Women in Innovation Award winners:

  • who will be relatable role models for women from all backgrounds
  • from regions across the UK
  • who are solving a range of pressing societal, environmental and economic challenges
  • in a variety of innovation areas.

 

Your proposal must identify clearly evidenced pressing societal, environmental or economic challenge(s), and how your project and innovation can help solve them.

Applications can come from any area of innovation (where innovation is defined as the commercially successful exploitation of ideas) and be applied to any part of the economy.

Innovate UK want to support women who are at a critical stage with their business, where an award will enable them to take an important step forward. The funding should help them make a real difference to innovation in the UK including in and beyond their sector or innovation area.

They are looking for women who clearly explain how they will benefit from the full package of funding and support on offer and who can describe how this will add value to them and their business.

Applications are sought from women who:

  • have the potential, capability, experience and personal drive to become leaders in business innovation
  • want to be a role model for others, including in their region, sector and to young people
  • have a clear vision for their business
  • are looking to develop a game changing novel idea or business innovation
  • know what they are hoping to achieve from the award and how to measure success

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