Notice

Funding competition: investment accelerator pilot

UK businesses can apply for a share of £8.5 million to fund feasibility studies in infrastructure systems or health and life sciences.

• From: Innovate UK
• Published: 12 April 2017
• Last updated: 17 May 2017 — See all updates

This publication was withdrawn on 21 September 2017

This competition is no longer open. Search current funding opportunities.

Documents

Competition brief: investment accelerator pilot

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Competition guidance: investment accelerator pilot

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Investment accelerator pilot: investor partners

PDF, 285 KB, 9 pages

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Details

The competition opened on 8 May 2017, and is now closed for registrations.

This is a pilot programme for Innovate UK. It provides simultaneous grant funding and venture capital investment for early stage projects led by UK companies.

Up to £3 million of grant funding and £1.25 million of private equity investment is available for projects related to infrastructure systems. This includes smart infrastructure, energy, urban living and connected transport.

Up to £3 million of grant funding and £1.25 million of private equity investment is available for projects related to health and life sciences. This includes health, agrifood and biosciences.

We expect projects to have total costs of up to £150,000. The programme will provide 100% of project costs. Projects should last between 3 and 12 months.

The competition is open to single small and medium-sized enterprises (SMEs) who are looking for early stage grant funding and who wish to establish an equity relationship with a UK venture capital firm.

You must register before midday on 28 June 2017.

You must apply before midday on 5 July 2017.

Watch the recorded webinar briefing.

Not right for your innovation project? View other Innovate UK funding competitions.

Published 12 April 2017
Last updated 17 May 2017 + show all updates

1. 17 May 2017

   Added link to recorded webinar briefing.

2. 8 May 2017

   Added the guidance for applicants and registration link. Updated investor partners pdf to includes terms.

3. 27 April 2017

   Change in scope from agriculture to agrifood.

4. 21 April 2017

   Added attachment of the investment accelerator pilot investor partners.

5. 12 April 2017

   First published.