Millions of pounds for innovative businesses: new opportunities
An overview of Innovate UK's upcoming funding competitions for organisations to collaborate with partners to develop new products, processes or services.
Innovate UK has millions of pounds to invest in innovative UK businesses up to April 2018.
The funding will be awarded through competitions in a range of areas, which will open for applications in the coming months.
Businesses can also apply into an open funding competition with ideas for any game-changing or disruptive innovations.
Opportunities for funding
Emerging and enabling technologies and health and life sciences
Up to £19 million will be invested to support productivity and cutting-edge innovation across these 2 industry sectors.
In the area of health and life sciences, we will seek projects that show significant innovation in one of the following:
- increasing agricultural productivity
- improving food quality and sustainability
- advanced therapies, such as cell and gene therapies
- precision medicine
- medicines discovery
- advanced biosciences
For emerging and enabling technologies, projects should focus on an Innovate UK priority area:
- emerging technologies
- enabling capabilities
- space applications
A share of up to £19 million will be available for game-changing or disruptive innovations that have the potential to impact the UK economy.
This is the first biomedical catalyst competition of 2018, which will offer up to £12 million to SMEs working on projects that solve healthcare challenges. These could include:
- disease prevention and proactive management of health and chronic conditions
- earlier and better detection and diagnosis of disease, leading to better patient outcomes
- tailored treatments that either change the underlying disease or offer potential cures
Industrial Strategy Challenge Fund: Faraday Battery Challenge
The Faraday Battery Challenge supports the design, development and manufacture of batteries for the electrification of vehicles as part of the Industrial Strategy Challenge Fund.
In this second round of innovation funding up to £25 million will be invested in projects that stimulate new automotive battery technologies and build the supply chain in the UK.
Industrial Strategy Challenge Fund: digital health technology catalyst
Up to £10 million will be available under the digital health technology catalyst, which is part of the Industrial Strategy Challenge Fund.
We will seek projects that support the development of digital health products or digitally-enabled medical technologies, which:
- improve patient outcomes
- transform healthcare delivery
- enable more efficient delivery of healthcare
Industrial Strategy Challenge Fund: robotics
Up to £20 million will be available in this competition. It is being funded as part of the Industrial Strategy Challenge Fund for robotics and artificial intelligence in extreme environments.
This challenge aims to take people out of extreme work environments such as deep mining, nuclear, space and offshore energy.
Industrial Strategy Challenge Fund: medicines manufacturing
Innovate UK is investing up to £10 million in innovation projects in medicines manufacturing through the Industrial Strategy Challenge Fund.
We will be seeking collaborative research and development projects that focus on the technical or commercial challenges of manufacturing new medicines.
Find funding opportunities
New opportunities will be published on the Innovation Funding Service as and when they are available. Search for funding.
Latest News from
DASA launches DTEP29/07/2022 12:25:00
The Defence Technology Exploitation Programme (DTEP) is a £16 million programme to boost small and medium-sized enterprise (SME) defence innovation.
Prime Minister signs landmark science agreement with New Zealand04/07/2022 11:22:00
Prime Minister agrees major Research, Science and Innovation Arrangement with New Zealand.
Government pledges £7.6 million for rail innovation12/04/2022 12:12:00
Funding given to create cutting-edge technology that will help transform rail travel.
Cycle 3 of Defence Innovation Loans now open21/10/2021 15:20:00
Loans up to £1.6m available. Don’t miss out on the opportunity to commercialise your defence solution.
Business Secretary appoints 6 new non-executive directors to UK Research and Innovation board27/09/2021 09:12:00
Business Secretary Kwasi Kwarteng has confirmed the appointment of 6 new non-executive directors to the board of UKRI.
World’s first green submarine among winners of the UK’s biggest clean maritime competition15/09/2021 12:22:00
Winners of clean maritime competition announced as the UK's greenest cruise terminal opens in Southampton.
Five UK companies have progressed through to the next phase of a £5.5 million radioactive waste segregation competition.14/09/2021 10:12:00
The ‘Sort & Seg’ innovation competition, launched in July 2020, set the challenge of finding ways to sort and segregate mixed radioactive waste at some of the UK’s oldest nuclear sites.
Cycle 2 of Defence Innovation Loans now open12/08/2021 10:15:00
Loans up to £1.6m available. Don’t miss out on the opportunity to commercialise your defence solution