UK registered micro and small businesses can apply for a share of up to £10 million to develop affordable, adoptable and investable innovations in the five critical technologies.
The Innovate UK Growth Catalyst is an integrated package of funding and support, designed to accelerate high potential start-ups on their journey to becoming scale-ups and beyond. For this pilot, Innovate UK is targeting early stage start-ups and the funding element will be through our proven New Innovators model, with expert support from our Innovate UK Innovation and Growth Specialists and Innovate UK Business Connect.
Innovate UK is offering UK registered micro and small businesses a share of up to £10 million in grants. Your project’s total costs and grant funding request must be between £25,000 and £50,000. In addition to the grant support, you will be offered tailored business support delivered by Innovate UK Business Growth.
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. Innovate UK want to fund a variety of projects within New Innovators. Where funding is limited, we may make a funding decision based on the project type and size, grant requested, location, markets, technology and sector or theme within the scope criteria.
This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief.
For full details about this funding competition opportunity, see the Growth Catalyst Early Stage funding competition pages here.
If this funding competition is not right for you but you are interested in what other funds might be available, get in touch with our Growth Hub team using the online enquiry form here and tell us what support you are seeking for your business.
