Innovate UK, as part of UK Research and Innovation, will invest up to £20 million in the best cutting-edge or disruptive ideas with a view to commercialisation.

All proposals must be business focused, rather than pure research. Applications can come from any area of technology, science or engineering, including arts, design, media or creative industries, and be applied to any part of the economy.

Proposals can fit into one or more of the Industrial Strategy Challenge Fund areas. We are also happy to accept applications that fall outside of these areas.

Where appropriate, we will share application details with other potential public sector co-funders.

Project costs cannot go below £25,000 but costs over £2 million may be considered as long as they are below £3 million. This is subject to the process set out under ‘funding’.

 

Funding type

Grant

Project size

Duration between 6 and 18 months: total eligible project costs between £25,000 and £500,000. Duration between 19 and 36 months: total eligible project costs between £25,000 and £2 million. All projects must start by 1 April 2019 and end by 1 April 2022.

Full details can be found at this link here

https://apply-for-innovation-funding.service.gov.uk/competition/243/overview?utm_source=innovateuk&utm_medium=email