Funder

Innovate UK, GB and other funders: Innovation loans future economy competition

Added date

28/07/2022

Closing date

14/09/2022

Call summary

Innovate UK invites applications for its innovation loans future economy competition. This supports innovative late stage R&D development projects which have a clear route to commercialisation and economic impact. Projects that focus on the future economy areas included in the Innovate UK plan for action are particularly encouraged. The total budget is £25 million. Loans are worth between £100,000 and £2 million. Projects may last for up to five years, including the R&D and commercialisation phases.

Scientific scope

Economics & Econometrics; Genomics; Robotics; Computing & Mathematics; Internet & Mobile Technology; Artificial Intelligence; Bioinformatics; Quantum Computing & Technologies; Nutrition & Dietetics; Public Health; Photonics & Optical Communication; Environmental Engineering; Manufacturing Processes & Technologies; Energy Engineering

PI eligibility

Applicants must be a single UK registered micro, small or medium-sized enterprise. They must carry out the project from or in the UK and intend to exploit the results from or in the UK. Individuals, large companies, not for profits, charities, academic institutions, and research organisations are not eligible. Applications containing collaboration with other organisations will not receive funding. Businesses may only submit one application per round.