UK businesses can apply for a share of up to £15 million to deliver transformational innovation - Register before midday on 1 February! 10 January 2017 10 January 2017 0 1004 UK businesses can apply for a share of up to £15 million to deliver transformational innovation - Register before midday on 1 February! Innovate UK is to invest up to £15 million in innovative research and development projects that will turn innovation excellence into economic impact for the UK. The aim of this competition is to help businesses develop new products, processes and services with commercial potential. Proposals should demonstrate disruptive and/or cutting-edge innovations. Businesses should demonstrate evidence-based ambition and potential for return on investment, growth and scale-up, preferably with access to global markets. To be in scope, total costs for the project must be between £25,000 to £1 million. Projects should last between 6 months to 36 months. The competition is open to businesses of any size. You can work individually or collaboratively. Find out more or register and apply here.