Innovate UK is offering UK registered micro and small businesses a share of up to £500,000 in grants. In addition to the grant support, you will be offered tailored business support delivered by Innovate UK Business Growth.
The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses to develop affordable, adoptable and investable innovations in the domain of communication networks.
Your innovation must lead to new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.
Eligibilty
Your project must:
- have total project costs and grant funding request of between £25,000 and £50,000
- have total project costs that equal your grant funding request
- start by 1 October 2024
- end by 31 March 2025
- last between three and six months in duration
- carry out its project work in the UK
- intend to exploit the results from or in the UK.
Projects must always start on the first of the month and this must be stated within your application. Your project start date will be reflected in your grant offer letter if you are successful.
Dates
1 May 2024: Online briefing event: watch the recording
1 May 2024: Competition opens
12 June 2024 11:00am: Competition closes
5 July 2024: Applicants notified.