Innovation Funding Service

What does this involve?

Innovate UK supports UK-based businesses to invest in research, development and innovation through grant funding, loans or procurements. You can browse and apply for funding opportunities through their Innovation Funding Service.

Various types of funding opportunities available throughout the year. Each opportunity has its own eligibility criteria and scope. The Innovation Funding Service has information on what funding opportunities are available and which ones may be right for you.

It is important that you read the full eligibility, scope and guidance for a funding opportunity before you apply. You should also read Innovate UK’s guidance on how to apply for funding.

Innovate UK is part of UK Research and Innovation (UKRI).

Am I eligible?

Anyone can use the Innovation Funding Service to find and apply for funding opportunities.

Each funding opportunity has its own eligibility criteria and scope.

What does this cost?

There is no cost to browse the service or apply for funding opportunities.

Grant funding should be claimed quarterly in arrears. Once audits and reports are complete and approved, the claims are released.

Loans must be repaid according to your individual repayment schedule. Interest and other fees may apply.

Who is this for?

Businesses in the UK looking for funding to test ideas and develop innovative products and solutions.

How long does this take?

Deadlines, timescales and the time required to apply varies by funding opportunity.

Next steps

After you’ve read Innovate UK’s guidance on how to apply for funding, visit the Innovation Funding Service website to browse and apply for funding opportunities.

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