Innovate UK

Innovate UK is the UK government’s innovation agency, part of UK Research and Innovation.

Since 2007, it has invested £2.5bn to help businesses to innovate, with match funding from industry taking the total value of projects to £4.3bn. It has helped 8,500 organisations create 70,000 jobs and added £18bn of value to the UK economy.

Funding decision are made after bidding competitions focused on specific sectors with energy, engineering, R&D, disruptors and digital often being on the list. Money from the Industrial Strategy Challenge Fund (ISCF) is distributed in grants via Innovate UK.

Transport-specific funding streams include the Faraday Battery Challenge and Catapult Centres

Depending on the project, funding applications are open to business, academic institutions, charities, public sector organisations and research/technology organisations (RTO).

A number of competitions are normally running at any one time. Details of all the current open competitions are here

More details about Innovate UK are here


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