Innovate UK - grant funding, innovation loans and expert support

Supports innovative UK businesses to realise the potential of new technologies, develop ideas and make them a commercial success.

• From: Department for Business and Trade
• Published: 13 December 2017
• Last updated: 7 September 2018 — See all updates

• Type of support: Finance, Grant, Loan, Expertise and advice
• Business stage: Start-ups (1-2 years trading), Established
• Industry: Agriculture and food, Construction, Health, IT, digital and creative, Life Sciences, Manufacturing, Science and technology, Service industries, Transport and distribution
• Number of employees: 0 to 9 employees, 10 to 249 employees, 250 to 500 employees, More than 500 employees
• Region: East Midlands, Eastern, London, North East, North West, Northern Ireland, Scotland, South East, South West, Wales, West Midlands, Yorkshire and the Humber

How much you can get

Offers grants of between £25,000 and £10 million.

Offers innovation loans of between £100,000 and £1 million.

What you can get

Grant funding is available for all sizes of business, from new companies to large multi-nationals.

Opportunities may be:

Themed, to fit with one of the Industrial Strategy’s grand challenge areas:

• artificial intelligence and data
• ageing society
• clean growth
• future of mobility

Or open to any type of innovation or technology project.

Innovation loans are for UK-based SMEs only to carry out late-stage research and development projects.

on the Innovation competitions website

Published 13 December 2017
Last updated 7 September 2018 + show all updates

1. 7 September 2018

   Added Industrial Strategy grand challenge areas.

2. 13 December 2017

   First published.