Innovate UK: Transformative Technologies

23/02/2023

29/03/2023

The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses in transformative technologies to reach their potential. You must focus on one of the transformative technologies and how you can enable affordable, adoptable and investable innovations. Innovate UK has allocated up to £20 million to fund innovation projects in this competition. Your project must: - have total project costs and grant request of between £25,000 and £50,000 - start by 1 June 2023 - end by 30 November 2023 - last between 3 and 6 months in duration You can claim 100% of your eligible project costs up to the maximum of £50,000.

Artificial Intelligence; Biotechnology; Broadband & Modem Technology; Elemental Semiconductors; Environmental Manufacturing; Materials Fabrication & Processing; Materials Sciences; Network Infrastructure; Quantum Computing & Technologies; Satellite Communications

To lead a project your organisation must be a UK registered micro or small business. If your business has been funded by Innovate UK previously, you are not eligible to apply for this competition. Businesses with directors who have previously received a grant or Innovation Loan from Innovate UK as part of a different company, are eligible to apply but will be considered on a case by case basis.