What are Innovation Grants?
A grant is a competition where businesses apply to be awarded money to invest into an innovative project. In most cases, public grants are match-funded where the awardee receives a portion of the grant and needs to fund the remaining amount. The amount you can be awarded varies from competition and providers. Each grant needs to be checked to understand how much you could apply for with typical grants ranging from £25,000 up to £2 million.
Our Grants Team
Innovation Funding Manager
Your top 5 current grant opportunities:
1. Smart Grant – Innovate UK
Closes on 24th April 2024, open to all technology types.
2. UK – Germany Bilateral: Collaborative R&D Round 3
UK organisations collaborating with at least one German SME applying under the equivalent German ZIM programme can apply for a share of up to £4 million for collaborative projects resulting in innovative solutions in emerging technologies. The deadline is 3rd June 2024.
3. UK-Switzerland CR&D Round 2
UK organisations can apply for a share of up to £4 million for innovative projects in all technologies. UK businesses must collaborate with at least one Swiss implementation partner applying under the equivalent Swiss Innosuisse programme. Apply by 1st May 2024.
4. Industrial Energy Transformation Fund (IETF)
The IETF supports the development and deployment of technologies that enable businesses with high energy use to transition to a low-carbon future. The grant submission deadline is expected to be Q2 2024.
5. EIC Accelerator
The headline EIC Accelerator program offers up to €2.5m for scaling up innovative start-ups and SMEs.
Step 1. Grant Matching
We’re not ones wasting your time. Our first step is to book a discovery call before we engage with your business to conduct grant matchmaking. This ensures we can be confident that the chosen grant is the right fit for you.
Step 2. Grant Workshop
We’re hands-on in our approach, which means we want to understand your business and the way you do things. Our three to four hour workshop allows us to extract the information we need for your grant application.
Step 3. Workshop Summary
Pulling together a strategy, we can provide a recommended direction for your fundraising future. At this point, you’ll be given the opportunity to read and sign this off.
Step 4. Application Draft
Using the information we’ve collated, our team sets to work drafting your application. Taking away the time and administrative burden from you, allowing you to focus your time where it matters most – your business.
Step 5. Review & Amend
Working collaboratively, we will ask you to review and make amends to the application until all parties are satisfied.
Step 6. Submit the Application
Your application will be submitted by the competition deadline. If your application is unsuccessful, we make amends from the grant body’s feedback and will resubmit in the next round where applicable.