Innovation in key technologies: apply for business funding

Innovate UK

November 25
09:27 2015

Small and micro businesses can apply for a share of up to 2 million to help them to carry out feasibility studies into technology projects in 4 key areas that underpin the future development of high-value products and services in the UK.

Innovate UK is seeking studies for innovative projects in the fields of:

  • advanced materials
  • biosciences
  • electronics, sensors and photonics
  • information and communication technology

The funding competition aims to ensure that small and micro companies are able to respond to market opportunities across a range of economic sectors.

Innovation in the 4 areas will help to keep the UK at the forefront of technological development.

Studies can be carried out into a wide range of new products and services, from materials for energy and healthcare to new biological products and bio-based solutions, sensor systems, power electronics, use of data and simpler computing experiences.

Competition information

  • the competition opens on 18 January 2016, and the deadline for registration is 9 March 2016
  • projects must be led by a small or micro business working either alone or with one other small or micro business
  • we expect total project costs to be no more than 33,000 and for projects to last up to 4 months
  • businesses could receive up to 70% of their project costs
  • a briefing event for potential applicants will take place in London on 26 January 2016, and there will be additional events in Edinburgh and Manchester

Related Articles


  1. We don't have any comments for this article yet. Why not join in and start a discussion.

Write a Comment

Your name:
Your email:

Post my comment

Recent Comments

Follow Us on Twitter

Share This

Enjoyed this? Why not share it with others if you've found it useful by using one of the tools below: