Innovate UK: COVID-19 business support
An update on the support available to businesses from Innovate UK due to COVID-19 and advice for award holders.
General advice for innovative businesses
With news of the continued spread of coronavirus (COVID-19) both domestically and internationally, we are aware that for innovative businesses like yours, this will have a potential impact on supply chains, business continuity and cashflow.
We recognise that the nature of these impacts will evolve and are likely to increase over the coming weeks, potentially months.
We are working to understand the impacts on companies as the situation evolves.
Innovate UK is still operational
Please be reassured that Innovate UK has business continuity measures in place and is continuing to operate.
If you have any concerns or potential challenges around your financial position, particularly cashflow issues, we recommend you speak with your investors and your bank.
Many banks have set up specific funds and support for affected businesses, some of which is underpinned by the government.
If you have an Innovate UK award
Contact your monitoring officer
If you are an Innovate UK award recipient, also contact your Innovate UK monitoring officer, who will keep us informed and allow us to assess if we can offer support too.
The earlier you speak with your monitoring officer, the easier it will be to understand your issues and find potential solutions.
Speak to your local EEN advisor
Specialist advisers from the Innovate UK Enterprise Europe Network (EEN) team, located regionally, are also there to help and support you.
We will continue to monitor the ongoing impact of coronavirus on the companies we support to ensure we can provide the best support whilst managing public money appropriately.
Latest News from
Business Secretary appoints Indro Mukerjee as new Innovate UK CEO06/05/2021 14:22:00
Indro Mukerjee appointed as new CEO of Innovate UK to help develop the UK's innovation capability and drive investment in research and development.
£20 million fund to propel green shipbuilding launched23/03/2021 09:10:00
Government invests £20 million to develop innovative zero emission vessels and clean port infrastructure.
Dstl and DASA speaking at Innovate Local26/02/2021 14:12:00
Dstl and DASA will be speaking at Innovate Local: Southern Pioneers on 8 to 9 March 2021.
Power roll: bringing cheap solar power to Africa and India04/02/2021 09:10:00
Supported by Innovate UK, Power Roll is developing, testing, and implementing lightweight, low-cost, flexible solar mini grid systems in India and Africa.
Innovate UK news has moved27/01/2021 09:10:00
Businesses can now find Innovate UK stories about new initiatives and funding on the UKRI website.
£134 million boost to help UK businesses build back greener05/11/2020 12:25:00
Businesses across the UK are set to benefit from £134 million investment, enabling ground-breaking clean growth projects develop new technologies and secure new jobs.
First phase of new UKRI website launched yesterday30/10/2020 09:10:00
UK Research and Innovation (UKRI) is creating a new, simpler and better website following intensive user research with businesses and researchers.
Investing in foundation industries: help to back innovators20/10/2020 09:10:00
Investors can join a programme to support businesses carrying out innovative projects that aim to reduce resources and energy use in key industries.