Innovate UK - grant funding, innovation loans and expert support

Supports innovative UK businesses to realise the potential of new technologies, develop ideas and make them a commercial success.

How much you can get

Offers grants of between £25,000 and £10 million.

Offers innovation loans of between £100,000 and £1 million.

What you can get

Grant funding is available for all sizes of business, from new companies to large multi-nationals.

Opportunities may be:

Themed, to fit with one of the Industrial Strategy’s grand challenge areas:

  • artificial intelligence and data
  • ageing society
  • clean growth
  • future of mobility

Or open to any type of innovation or technology project.

Innovation loans are for UK-based SMEs only to carry out late-stage research and development projects.

Find out more on the Innovation competitions website
Published 13 December 2017
Last updated 7 September 2018 + show all updates
  1. Added Industrial Strategy grand challenge areas.
  2. First published.